Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced further results from their $6.95 million, 44 hole, 11,000m drill and ground geophysics program at their Patterson Lake South (PLS) deposit in the Athabasca Basin of Saskatchewan.  The companies announced drilling results including hole PLS13-080 which encountered 13.41m composite off-scale mineralization including 7.6m of continuous off-scale mineralization.  This… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced the results of an additional four drill holes from their Patterson Lake South Deposit (50/50 Joint Venture) in the Athabasca region of Saskatchewan.  The two are in the process of completing a $6.95 million, 11,000m drill and ground geophysics program on the project.  Drilling highlights included 18.5m… Continue Reading

Visual Capitalist has taken on uranium in Saskatchewan’s Athabasca Basin in their latest infographic. Sprott USA Chairman Rick Rule calls the Basin, “The Persian Gulf of Uranium.” Read our past coverage of exploration companies in the area. Source.

David Talbot, Senior Mining Analyst at Dundee Capital Markets, is one of the foremost uranium analysts in Canada. He sat down with the Energy Report to discuss a few of his favourite names. Read: Top Ten Stocks for a Uranium Price Rebound: David Talbot On the uranium price’s recent poor performance, Mr. Talbot commented, “What we… Continue Reading

NexGen Energy has finished their 3,472.9 meter summer drill program at Radio. CEO Leigh Curyer commented, “These first 9 holes within the 5 test zones of summer drilling at Radio has confirmed these zones contain the basement geology, alteration and structural features that host uranium mineralization elsewhere in the Athabasca basin. Receipt of the completed… Continue Reading

Rumours are circulating on Howe and Bay Streets that someone may soon move on the PLS project in Northern Saskatchewan, a 50/50 joint venture held by Fission Uranium (TSXV:FCU) and Alpha Minerals (TSXV:AMW), fuelling demand for the shares of both companies. Click to enlarge: FCU.V AMW.V These are unsubstantiated reports, but the PLS project is… Continue Reading

Bloomberg reports on the current mining market meltdown’s devastating impact on Canada’s investment community. Mark Morabito, chairman of Alderon Iron Ore Corp. (ADV), was quoted. “I’m now dealing with the top guys, the global heads of mining, because the guys in between are all gone… Toronto is just a dead zone.” Read: Toronto Bankers Feel Pain From Mining… Continue Reading

Here’s a promoter’s map of the Western Athabasca Region in Northern Saskatchewan showing Fission/Alpha’s discovery in the middle. Update: Comments from Twitter: @tommyhump Thats the people who paid 2B on map. CIN has a great land position which the mkt will figure out — Cdn Intl Minerals (@CIN_TSXV) July 19, 2013 @tommyhump cut my teeth in… Continue Reading

Alpha Minerals (TSXV:AMW) shares have been on a tear since last fall when they discovered high grade uranium close to surface at the Patterson Lake South project in the Western Athabasca Region of Saskatchewan and analysts believe this trend will continue over the coming months. Here’s the 12 month chart: Today, the company announced more impressive… Continue Reading

Well-known Toronto-based mining and energy promoter Stan Bharti of Forbes and Manhattan has opened up to Mineweb’s Kip Keen. Here’s a link to the article. Excerpts include: “At Forbes & Manhattan we always tell people, find good assets in emerging markets so you don’t overpay for them. I mean any fool can go and pay… Continue Reading

Yesterday I had another opportunity to hear Frank Giustra speak — this time at BCBusiness Magazine’s Top 100 event at Hotel Vancouver. In front of a crowd of 1,200, he was interviewed on stage by BCBusiness chairman Peter Legge. Frank Giustra became a millionaire in his early 20s financing small mining and energy companies. As Chairman… Continue Reading

Sprott USA Chairman Rick Rule spoke with INN’s Andrew Topf about fundamentals for a higher uranium price, and Rule characteristically provided profund commentary on the natural resources business. “This industry needs amalgamation more than anything else,” according to Rule. “There’s too much G&A across the whole mining space and combining two companies together and getting rid of one… Continue Reading

NexGen Commences Drilling at Radio Project, Eastern Athabasca Basin, Saskatchewan Related: Read the NexGen backstory in this CEO.CA interview here. NexGen Energy Ltd. (TSX.V:NXE) (“NexGen” or the “Company”) is pleased to announce that it has commenced a 4,000 meter drill program at the Radio property, which is immediately adjacent to, and on trend approximately 2km east from, Rio… Continue Reading

“One drill hole changes the game. It’s very hard to decide who gets to make it and who doesn’t. It’s a big gate, and yet very few make it through. But you have to let them try.” — Lukas Lundin “Did you know you were getting the better end of that deal with Kinross?” I… Continue Reading

I was hangin with my pals Michael McCrae and Anthony Halley from MINING.com today. We were out on the patio of the 888 Cafe Express on Dunsmuir between Howe and Hornby streets taking in some sunshine and coffee, as well as catching up with the steady stream of mining and energy promoters walking by – it’s their home turf. One of… Continue Reading