Peter Koven of the Financial Post reminds us why he is one of the best mining reporters, distilling Cameco’s Cigar Lake uranium mine, one of the most complicated and significant mining operations on earth, down to a succinct 61 second video. Watch it over at FP’s site, or read the transcription below. “The cigar lake… Continue Reading
A new uranium exploration junior is about to start trading, and the CEO has a lot of experience with exploration promotions. The company is Westham Resources Corp, about to be renamed Roughrider Exploration Limited, which has an option to earn up to an 85% interest in in Kivalliq’s “Genesis” uranium project in Saskatchewan’s Athacasca Basin, not far… Continue Reading
When it comes to the junior exploration sector, not much over the past 2 years has peaked investor interest. One large (and high-grade) caveat to this is the Patterson Lake South (PLS) uranium discovery made by Alpha Minerals and Fission Uranium in the fall of 2012. With a ten metre step-out drill hole late in a fall… Continue Reading
This morning NexGen Energy Ltd. (TSXV:NXE) announced completion of the first hole at the Arrow prospect, RK-14-21, to 663 meters depth. This was the same hole that caught the market’s attention last week for intercepting what is believed to be uranium mineralization (assays pending) between 207.8 and 231 meters. Today’s news suggests an additional three… Continue Reading
NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading
Coming off the back of the recent early-stage discovery made by NexGen Energy (NXE:TSXV) yesterday, Skyharbour Resources (SYH:TSXV) and their joint venture partners have announced they have completed their gravity surveys on the Preston Lake project located in the Patterson Lake South region. The gravity survey identified 23 gravity low anomalies which the company will follow up… Continue Reading
After announcing the stock was halted yesterday morning, all eyes have been on the newswires for NexGen (NXE:TSXV) in anticipation of a new Athabasca Basin uranium discovery. Well, the anticipation is over and the company has made a discovery. Alright, an early-stage discovery. This find comes in an unexpected area which means more drilling is warranted… Continue Reading
Anticipation is building to find out what’s going on with NexGen Energy (TSXV:NXE). The company’s shares were halted before the opening bell this morning, and remain halted at press time (11:11amPST). NexGen is currently one month into a drill program at their Rook 1 project in Saskatchewan’s SW Athabasca Basin, a property which is adjacent… Continue Reading
Nearly one month into 2014 we have decided to separate the wheat from the chaff and identify the 5 most promising charts in the junior space: Click to enlarge Alderon Iron Ore Corp. (ADV.TO) Alderon, with its partner Hebei Iron and Steel, are set to move its Kami iron ore project in Quebec’s Labrador Trough… Continue Reading
Fission Uranium Corp (TSXV:FCU) released the first five holes from its winter drill program at the Patterson Lake South (PLS) uranium project in the Southwestern Athabasca Basin region of Northern Saskatchewan. Hole PLS14-129 (line 600E), with 36.72 meters of off-scale (>9999 cps) mineralization at shallow depth, was the best hole drilled at PLS to date by… Continue Reading
Cambridge, England is a university town that hosts a house of higher learning. Cambridge House is a Howe Street abode, a dwelling where hope, fear and greed each have rooms on the same floor (and share a bathroom). And floors and bottoms, of the TSX Venture variety, were something of a theme at this year’s… Continue Reading
The African-focused uranium producer, Paladin Energy (PDN:TSX) has come under pressure in the past few years due to a decreasing spot price for uranium as well as $600 million in debt on their balance sheet. The market has been worried about the company’s ability to meet near-term obligations and the stock has been on a steady… Continue Reading
This morning, NexGen Energy (NXE:TSXV) announced the uranium explorer has begun their winter drill program at their Rook I project immediately adjacent to and northwest of Fission’s Patterson Lake South deposit. The company has outlined a 6,000m drill campaign with two drill rigs. NexGen has identified multiple targets from their 2013 summer drill campaign where… Continue Reading
Skyharbour Resources (SYH:TSXV), the Patterson Lake South (PLS) explorer, is diversifying outside of the PLS play by acquiring a 60% interest in the Mann Lake project located on the east side of the Athabasca Basin. The exploration project is roughly 25km SW of Cameco’s (CCO:TSX) McArthur River mine and 15km along strike from their Millennium deposit. Skyharbour will… Continue Reading
Encanto Potash (TSXV:EPO) Chairman Gordon Keep anticipates an off-take agreement between his firm and a consortium of India potash importers will be ratified in the first quarter of 2014. Details of the agreement first surfaced in January 2013 and again in June, 2013 on an Indian government Web site, calling for 1.8 to 2 million… Continue Reading
