Fission Uranium Makes Proposal to Alpha to Acquire Alpha Shares for $7.26 per Alpha Share http://t.co/VuDpxKiFjE — Fission Uranium Corp (@FissionUranium) August 26, 2013 Flashback: Strong charts fuel PLS project takeover speculation

Alpha Minerals (AMW:TSXV) and Fission Uranium (FCU:TSXV) released assays on five more holes at their PLS discovery in the Athabasca Basin, Saskatchewan.  The strike length of R390E zone has doubled since the 2013 winter program started to over 120m of strike.  The highlight of this batch of results was a 47m interval of mineralization including… Continue Reading

NexGen Energy (NXE:TSXV) has started a 3,000m drill program on their Rook I property which is located next door to Alpha/Fission’s PLS project (see recent drill results here). NexGen has already completed aerial VTEM and magnetics as well as ground gravity testing. The exploration team at NexGen, led by Andrew Browne, has already defined a… Continue Reading

Investor, geologist and writer Malcolm Shaw has provided exceptional coverage of the PLS Discovery on Seeking Alpha. Here’s a repost of his Monster In The Making piece from earlier this morning: Fission Uranium (FCUUF.OB) and Alpha Minerals (ESOFF.PK) have released an update on their ongoing Patterson Lake drilling program. The companies have identified a 4th zone of mineralization on… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced this morning, after being halted late yesterday, that they had discovered a fourth mineralized zone at their Patterson Lake South Discovery.  The fourth zone, R945E, is located 165m grid east of R780E zone and extends the total strike length of the PLS deposit to 1.05km.  Hole PLS13-084 hit… Continue Reading

The best story in mineral exploration today is the PLS uranium discovery by Fission / Alpha, which has created a land rush in the Southwestern region of Northern Saskatchewan’s Athabasca Basin. Click here for a high res map by way of Rivador Consulting Ltd. Fission / Alpha continue to deliver outstanding market performance and are halted… Continue Reading

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

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

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

We called up Brent Cook, economic geologist and editor of Exploration Insights, for a quick conversation on the junior resource sector as we head into the summer doldrums yesterday (MP3 download link). Mining stocks are cheap but Brent’s not calling the bottom yet. “If you buy something in this market, be prepared to buy the same number… Continue Reading

Topics include NexGen Energy, Fission Energy, Alpha Minerals and Denison Mines. Recorded April 24, 2013.

Despite dramatic headwinds in both the uranium and exploration industries, Canadian explorer NexGen Energy has cornered the Athabasca Basin’s two best, recent uranium discoveries. On March 11, 2011, the uranium industry was devastated by the nuclear catastrophe at the Fukushima power plant on the west coast of Japan. The black swan event also coincided with… Continue Reading

Alpha Minerals Reports 53m of 6.57% U3O8 With 10.5m of 29.26% U3O8 at Patterson Lake South JV, SW Athabasca Basin Industry sources continue to be amazed with the quality of this discovery. Press release, Stock quote.

Alpha Minerals Inc (C:AMW) Shares Issued 20,400,561 Last Close 4/8/2013 $4.10 Alpha Minerals Inc. has entered into an agreement with Salman Partners Inc., Cormark Securities Inc. and Raymond James Ltd. pursuant to which the underwriters have agreed to underwrite the offer and sale of 1.2 million flow-through shares and 500,000 non-flow-through units of Alpha Minerals… Continue Reading

On a day when junior resource stocks are getting absolutely hammered, Alpha Minerals (TSXV:AMW) has announced the first official coverage of the company, by Rob Chang, Cantor Fitzgerald, with a BUY (Speculative) recommendation. At press time, shares in the Athabasca Basin focused uranium explorer were off 12.3% or 57 cents to $4.06. Considering Chang’s recommendation was at… Continue Reading