Positive results continue to roll in at PLS, the 50/50 joint venture owned by Fission Uranium and Alpha Minerals. Read: Alpha Minerals JV Confirms Significant Mineralization With Strong “Off-Scale” Radioactivity at R945E Zone At PLS Project. The market appears to have been expecting success. Shares in both Fission and Alpha were effectively flat at press… Continue Reading

Alpha Minerals and Fission Uranium each own 50% of the Patterson Lake South (PLS) project in Northern Saskatchewan. PLS is the most exciting mineral discovery in recent times for its potential size, high grade, shallow depth and proximity to infrastructure. Fission Uranium CEO Dev Randhawa has launched a takeover of Alpha to consolidate ownership at… Continue Reading

Alpha Minerals (TSXV:AMW) published a new corporate video yesterday which features VP of Exploration Garrett Ainsworth discussing the PLS discovery in Northern Saskatchewan as well as the history of uranium exploration in the area. He also shows off some of its radioactive drill core. Garrett is the son of Alpha Minerals CEO Ben Ainsworth. The… Continue Reading

There’s a tremendous post out from the good people at Sprott today: Hostile Takeovers Gone Bad. The author, geologist and investment advisor Steve Todoruk, says that Cameco made a fatal flaw in their attempted takeover of Hathor Exploration in 2011 by not acquiring shares in the company before the takeover announcement. As a result they… Continue Reading

So long Alpha Minerals, you beautiful bastard! Read our past coverage of this tremendous discovery here. Just one week after public talks began to consolidate ownership of the PLS discovery, Alpha Minerals has agreed to sell itself to Fission Uranium for $7.67 per Alpha Share in a news release out this morning. Shareholders of Alpha will… Continue Reading

It has been quite a year for Fission Uranium CEO Dev Rhandahwa. A year ago his stock wasn’t performing and he was getting beat up on the internet. Then, in classic mineral exploration fashion, Rhandawa’s fate changed. Lukas Lundin’s Denison Mines paid approx. $70m for Fission’s Eastern Athabasca Basin assets, leaving the spinout company to… Continue Reading

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

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

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

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