Purepoint Uranium Group Inc (TSXV:PTU) announced the completion of its winter exploration program at the Hook Lake JV Project in the Athabasca Basin, and results will be released pending return of assays.
Lakeland Resources Inc (TSXV:LK) announced that it has acquired 2 uranium projects within the northern part of the Athabasca Basin through staking.
International Enexco Ltd (TSXV:IEC, OTCQX:IEXCF) has provided an update on its drilling program and surveying on the Mann Lake Uranium Project, which is situated in the Athabasca Basin, SK.
Pistol Bay Mining Inc. (TSXV:PST) announced that Rio Tinto Canada Uranium Corporation has already completed its winter drilling program and gravity survey which covered 2,760m on Pistol Bay’s property in the Athabasca Basin.
Denison Mines Corp (TSX:DML, NYSE MKT:DNN) announced that the company is starting a drilling program with two drills at Wheeler River, where new mineralization has been identified.
Major companies like AREVA and Cameco understand how important it is to mitigate risks such as fighting in Mali and Nigerian resource nationalism by geographically diversifying their assets.
Denison Mines Corp. (TSX:DML,AMEX:DNN) announced that it will acquire Fission Energy Corp. (TSXV:FIS), whose assets include a 60-percent interest in the Waterbury Lake uranium project and interests in two Namibian joint ventures. As a condition of the acquisition, a select number of Fission's assets will be spun out into a new company; this new company's assets will include a 50-percent interest in the Athabasca Basin-based Patterson Lake South property.
Pistol Bay Mining Inc. (TSXV:PST) announced that it has received notice from Rio Tinto Canada Uranium Corp. (RTCUC) regarding the proposed 1800m drill program and survey for the company’s C5 property in Athabasca Basin, Saskatchewan, with a projected cost pegged at $750,000.
Following Rio Tinto's takeover of Hathor Exploration's Roughrider deposit last year, the interest in Northern Canada's Athabasca Basin has renewed the focus on uranium juniors exploring in the area.
Financial Post reported Hathor Exploration Ltd. (TSX:HAT) is almost a done deal, as Rio Tinto Ltd. (NYSE:RIO) has taken up most of the shares.
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