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 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 Inc. reports initial assay results from its 2009 drill program at Bokan-Dotson Ridge. The latest assay results, pertaining to the first 12 holes completed in the 2009 exploration season, support the Company’s model of multiple structurally-controlled rare earth mineralized systems, each spanning several kilometers in length and remaining open at depth. Jim McKenzie, President [...]
Ucore Uranium Inc. reports drilling has began at its 100% owned Bokan – Dotson Ridge rare earth element (REE) project, southeast Alaska. Ucore acquired the property in 2007, and has completed 2,938 meters of drilling over 46 drill holes in 2007 and 2008, primarily investigating the potential for uranium mineralization at the I&L zone. Those drill holes [...]
Ucore Uranium Inc. reports high concentrations of heavy and light rare earth elements from surface samples originating from the Sunday Trend of Bokan-Dotson Ridge. The Sunday Lake Zone is part of a north-trending structural corridor of multiple uranium and rare earth prospects radial to the northwest margin of the Bokan Mountain peralkaline intrusive complex. Samples reported [...]
Ucore Uranium Inc. reports Anthony Mariano, Ph.D., has agreed to join the Company’s Advisory Board. Dr. Mariano has studied rare earth element (REE) mineralization on multiple continents, and is a recognized authority on REE mineralogy and deposits at a world level. He has consulted in the fields of rare element and specialty metal geosciences on behalf [...]
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