Kivalliq Energy Corporation (TSXV:KIV) provided an update from property-wide exploratory reverse circulation and diamond drilling proximal to and along strike of the structure hosting the high grade Lac Cinquante uranium deposit.
Pele Mountain Resources (CVE:GEM) reports a large uranium resource from its Eco Ridge mine project provides investors with excellent leverage to uranium.
Athabasca Uranium Inc.(CVE:UAX,PINK:ATURF) reports closing on Webb River option phase 1 situated on the eastern margin of the uranium-rich Athabasca basin, Saskatchewan. Webb River covers an area of 5,386 hectares and lies approximately 29 kilometers southwest of the Company’s McCarthy Property on the eastern edge of the Athabasca Basin, the most productive uranium-producing region in the world. [...]
Deep Yellow Limited (ASX:DYL) reports an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia. INCA is part of the Omahola Project controlled by DYL’s wholly-owned subsidiary Reptile Uranium Namibia Pty Ltd (RUN). On 22 April 2010, DYL announced the initial Indicated and Inferred Mineral Resource estimate in accordance with [...]
Uranium deposits are generally classified based on host rocks, structural setting, and mineralogy of the deposit. Last year Kazakhstan produced the largest global share of uranium from mines (27 percent of world supply), followed by Canada (20 percent) and Australia (16 percent); however, to date high-grade deposits have been found only in the Athabasca Basin region of Canada.
Bayswater Uranium Corporation reports that a $2.5 million drilling program is planned at the Kilgore gold project in Clark County, Idaho. Otis has signed an agreement with Timberline Drilling Inc, of Coeur d’Alene, Idaho to supply two core rigs to drill at Mine Ridge. Drilling will be on a 24-hour basis, with approximately 6,000 metres spread between [...]
Exploration NQ Inc. reports D’Arianne Resources Inc. has granted NQ Exploration Inc. options. The Brouillan property lies three kilometres northwest of NQ’s Carheil property, in the northern part of the Abitibi region, a dozen kilometres from the old Selbaie mine (Rio Algom Limited, historical production of 53 million tonnes grading 0.96% copper, 1.90% zinc, 40.7 g/t silver and [...]
Hathor Exploration reports the completion of the 2010 winter drill program on the Roughrider uranium deposit at its Midwest Northeast property, northern Saskatchewan. The Roughrider uranium deposit remains open. More drilling is still required to fully delineate the high grade uranium mineralization within the deposit as it is currently outlined. The deposit remains open down-dip to [...]
Troubles at Cigar Lake continue to be a thorn in the side for Cameco; the military junta leading uranium-rich Niger has sacked the heads of state-owned companies; and the Mongolian Saga isn’t over for Khan Resources yet.
Hathor Exploration and Forum Uranium have intersected strong alteration in both the Athabasca Group sandstone on their Henday JV property, Athabasca Basin, Saskatchewan. The extent and strength of the alteration encountered during the winter drill program at Henday are very positive. Clay alteration and bleaching followed by hematization, as shown in Photo 1, are important analogues to [...]
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