Ucore Uranium reports that it has closed its previously announced brokered private placement of 18,181,818 units at $0.22 per unit for gross proceeds of approximately $4,000,000. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant gives the holder the right to purchase one common share at [...]
Ucore Uranium reports that it has made arrangement for a $4 million private placement at $0.22 per unit. Each whole warrant gives the holder the right to purchase one common share at an exercise price of $0.30 for a period of 24 months. The Offering will be led by Pope & Company Limited (the “Agent”). The net proceeds [...]
Ucore Uranium Inc. reports a conceptual deposit model for the initial 2 of several target exploration zones for the Bokan-Dotson Ridge rare earth project, Alaska. The two initial target zones addressed by this model, known as the I&L and Dotson Shear Zones, are components of a larger, multi-zone rare earth system at Bokan-Dotson Ridge.The conceptual model is intended as a [...]
Ucore Uranium reports the Alaska State House of Representatives has unanimously passed a House Resolution in favor of expedited permitting and production of heavy rare earth resources at Ucore’s Bokan Mountain project, southeast Alaska. The Resolution, sponsored by Representative Craig Johnson, Co-Chair of the Alaska State House Resources Committee, acknowledges the United States’ reliance on China for [...]
Ucore Uranium Inc. reports an update on detailed mineralogical studies on surface and drill core samples from its Bokan Mountain rare earth element project. To date, a wide variety of REE-bearing minerals have been identified, including apatite, iimoriite, kainosite, gadolinite, allanite, bastnaesite, parisite, brannerite, thalenite, xenotime, fergusonite, synchysite (Y), and monazite. Significantly, concentrates of iimoriite ((Y, REE)2(SiO4)(CO3)) [...]
Ucore Uranium reports the completion of an exploration plan for its Bokan-Dotson Ridge rare earth element (REE) project in 2010. The comprehensive exploration agenda, continuing under the management of Ucore’s wholly-owned U.S. subsidiary Rare Earth One, has been designed with a concentration on advancement of existing zones with infill and exploratory drill work, while expanding [...]
Ucore Uranium reports that it has retained the services of Renmark Financial Communications Inc. to assist with its investor relations activities. In consideration of the services to be provided, the Company has agreed to pay to Renmark a monthly retainer of $7,000 for an initial period of one year, subject to review after six months. Renmark [...]
Ucore Uranium reports the appointment of Mr. Nick Vermeulen, MSc. Geo., MBA to the role of Vice President of Corporate Development. Mr. Vermeulen is a successful businessman and entrepreneur, with over 20 years of business experience. Mr. Vermeulen holds a Master of Science degree in Structural Geology with a minor in Business Administration from University of [...]
Ucore Uranium reports the resignation of Mr. Wade Dawe as director of the Company effective December 30, 2009. Mr. Dawe is leaving the Board due to increased time pressures presented by his various business interests. Management and the Board wish to thank Mr. Dawe for his significant contribution to Ucore and wish him success in his [...]
Ucore Uranium Inc. reports additional assay results from the 2009 drill program at Bokan-Dotson Ridge in southeast Alaska. The 2009 program, administered under Ucore’s wholly owned U.S.–based subsidiary, Rare Earth One, completed a total of 2,840 metres of core from 27 diamond drill holes. The 2009 drilling focused primarily on the road-accessible Dotson Trend, with additional [...]
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