The global uranium market has not yet been impacted by recent geopolitical events, speakers from uranium suppliers said during a session of the World Nuclear Fuel Conference 2022 in London. However, they agreed that the longer-term future is uncertain but the industry can bring capacity online to avoid any shortages. The uranium mining panel at WNFC 2022. From left to right, moderator Treva Klingbiel, Kazatomprom’s Askar Batyrbayev, Orano’s Nicolas Maes and Cameco’s Tim Gitzel. "We face an unprecedented time ahead of us," said session moderator Treva Klingbiel, president of TradeTech. "We face both incredible challenges and opportunities given where we are in the marketplace, both with the need for new nuclear and the expectations and realisation that we need it and we face a supply deficit. And also on top of that, we have outsized geopolitical events that are really overshadowing and can impact much of the nuclear fuel […]

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Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) (‘ALX’ or the ‘Company’) announced today the completion of a diamond drilling program at the Gibbons Creek Uranium Project (‘Gibbons Creek’, or the ‘Project’) located in the northern Athabasca Basin near the town of Stony Rapids, Saskatchewan. Three holes were completed for a total of 1,240.3 metres, on two previously untested conductive trends.

2022 Winter Drilling Program In March 2022, ALX prepared winter trails and drill pads on three target areas located along two geophysical conductors: the Zinger Conductor and the Eclipse Conductor. The two conductors were detected in historical airborne surveys and were computer-modelled by the Company’s geophysical consultant to develop new drill targets (see Fig. 1 below).The southern Zinger Conductor, with 4.7 kilometres of strike length, was first detected by a […]

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KELOWNA, BC, April 25, 2022 /CNW/ – FISSION URANIUM CORP. (" Fission " or the " Company ") is pleased to provide an update on the Feasibility Study work at its 100% owned PLS property in Canada’s Athabasca Basin region. The Company has achieved multiple feasibility study milestones, including completion of field work for geotechnical, hydrogeological, and metallurgical purposes. Additionally, and of particular note, detailed engineering studies and planning of the proposed mine design are now in progress and are now well advanced.

Feasibility Study Progress All geotechnical test work on soil and rock samples have been completed, and geotechnical assessment work on the R840W and R780E zones is in progress.

Geochemical test work is in progress.

Hydrogeological test work is complete and hydrogeological modelling and assessment for the decline and mine production areas is in progress. Metallurgical test work is in progress. Initial leach tests are completed, bulk […]

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ACN 104 028 542

Quarterly Report

For the quarter ending 31 March 2022

acap.com.auA-Cap Energy (ASX: ACB) is a minerals exploration and development company focused on the development of "new energy" projects including the company’s flagship Letlhakane Uranium Project in Botswana, host to one of the world’s top 10 uranium deposits.Highlights • Letlhakane Uranium Project reviewed and a work program and budget for work to be commenced in Q2 2022 was prepared. • The team within Botswana has been keeping the project active with ongoing water bore sampling and Mining Licence compliance. Further key personnel are being re-engaged to restart the Letlhakane Uranium Project. • At the Wilconi Ni-Co Project, a 2000m, large diameter (PQ sized) diamond core drilling program was completed during the quarter. • Core samples were delivered to Simulus Laboratories (Perth) for metallurgical testwork. • MiningPlus (Perth) completed an updated mineral resource estimate for the […]

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6LLN ALXEF ("ALX" or the "Company") announced today the completion of a diamond drilling program at the Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project") located in the northern Athabasca Basin near the town of Stony Rapids, Saskatchewan. Three holes were completed for a total of 1,240.3 metres, on two previously untested conductive trends.

2022 Winter Drilling Program

In March 2022, ALX prepared winter trails and drill pads on three target areas located along two geophysical conductors: the Zinger Conductor and the Eclipse Conductor. The two conductors were detected in historical airborne surveys and were computer-modelled by the Company’s geophysical consultant to develop new drill targets (see Fig. 1 below). LIVE RIGHT NOW ON YOUTUBE: How to Position For Upside in […]

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HALIFAX, NS, April 26, 2022 /CNW/ – Fortune Bay Corp. (TSXV: FOR ) (FWB: 5QN) ("Fortune Bay" or the "Company") is pleased to announce initial drill target areas and 2022 drilling plans for its 100% owned Strike Uranium Project ("Strike" or the "Project"), located in northern Saskatchewan (see Figure 1 and 2).

Highlights: Figure 1: Location of the Goldfields, Strike and Murmac Projects relative to the Athabasca Basin. (CNW Group/Fortune Bay Corp.) Figure 2: Location of the Goldfields, Strike and Murmac Projects. (CNW Group/Fortune Bay Corp.) Figure 3. Initial drill target areas for the Strike Uranium Project (Tena, Tena South, L1-4, J2&3, K3). (CNW Group/Fortune Bay Corp.) Figure 4. Drill target areas at Tena and Tena South. (CNW Group/Fortune Bay Corp.) Nine (9) initial drill target areas have been identified following ground gravity surveying completed in March 2022 (Figure 3).

The initial target areas comprise favorable geological, geophysical and […]

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Written by Summary

The company owns two uranium processing plants as well as several ISR projects across four US states.

The NPV of Dewey Burdock, and Gas Hills is over $250 million but enCore is valued at just over $400 million as of the time of writing.

Additionally, the company’s portfolio of projects was valued at less than $40 million less than two years ago. The previous owner of Dewey Burdock, and Gas Hills didn’t put them into production despite their compelling key financials even at $20 per pound of uranium. JacobH/iStock via Getty Images Investment thesis I like writing about companies that lack coverage on SA, and today I’m taking a look at enCore Energy Corp. ( OTCQB:ENCUF ). It’s a Canada-listed uranium mining company that has several projects and processing facilities in the USA. enCore’s market valuation is currently higher than the net present value (NPV) of […]

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LONDON, April 26, 2022 /PRNewswire/ — Global X ETFs, a leading global provider of exchange-traded funds (ETFs), today announced the launch of the Global X Uranium UCITS ETF (URNU) on London Stock Exchange and the Deutsche Börse Xetra. The fund represents the only uranium UCITS ETF in the European market.

With aggressive timelines to reach net-zero carbon emissions and global energy consumption expected to increase by 50% through 2050, governments are exploring all options in the next generation of power production. i While proven renewables likes solar and wind are becoming increasingly economical, their larger footprint, intermittent power production, and difficulty in rapidly scaling requires other clean solutions to diversify the world’s energy mix. Nuclear energy may be the solution, as a clean, high output, and reliable power source – with zero greenhouse gas emissions during operations. Nuclear power is an increasingly viable energy option for net-zero climate ambitions.

"Rising global […]

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NexGen Energy Ltd. is pleased to announce the signing of an Impact Benefit Agreement with the Clearwater River Dene Nation covering all phases of the Rook I Project which hosts the 100% owned Arrow uranium deposit. NexGen signs a historic IBA with CRDN. The Rook I Project is located within the traditional territory of the CRDN. The IBA defines the environmental, cultural, economic, employment and other benefits to …

NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the signing of an Impact Benefit Agreement ("IBA") with the Clearwater River Dene Nation ("CRDN"), covering all phases of the Rook I Project ("Rook I" or the "Project"), which hosts the 100% owned Arrow uranium deposit. NexGen Energy Ltd. logo (CNW Group/NexGen Energy Ltd.) NexGen signs a historic IBA with CRDN. The Rook I Project is located within the traditional territory of the CRDN. […]

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Saskatoon – IsoEnergy Ltd. (‘IsoEnergy’ or the ‘Company’) (TSXV: ISO; OTCQX: ISENF) is pleased to provide an update on winter 2022 exploration activities on the 100% owned Larocque East, Geiger, Hawk and Ranger projects in the eastern Athabasca Basin.

Larocque East hosts the Hurricane Zone (‘Hurricane’ or the ‘Project’), a high-grade uranium discovery located in the Eastern Athabasca Basin of Saskatchewan. Winter 2022 drilling at Hurricane has now concluded and advanced planning is underway for the follow-up summer program.

Highlights

30 drill holes totaling 12,147m completed at Larocque East; 36km of conductor strike mapped in two target areas at Geiger, and Ground geophysical surveys completed at Ranger and Hawk.Tim Gabruch, President and Chief Executive Officer commented: ‘IsoEnergy has successfully completed the winter drill program at Larocque East, and significantly advanced the understanding of Hurricane’s current size and scope. Assay results are pending and based on these winter drill results at Larocque East […]

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Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $4.53 to be very precise. The Stock rose vividly during the last session to $5.25 after opening rate of $5.11 while the lowest price it went was recorded $4.46 before closing at $5.13.Recently in News on April 20, 2022, Uranium Energy Corp Expands U.S. Warehoused Physical Uranium Program to 5 Million Pounds U3O8. NYSE American Symbol – UEC. You can read further details here

Uranium Energy Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.60 on 04/13/22, with the lowest value was $2.34 for the same time period, recorded on 01/28/22.

The Top 5 Ways to Trade a Potential $800 Billion Metaverse
According to analysts at Emergen Research, the metaverse market could be worth up to $828.95 billion […]

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Skyharbour Resources Ltd Vancouver, BC, April 21, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. ’s ( TSX-V: SYH ) ( OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”), is pleased to announce it has commenced its spring 2022 diamond drilling program at the Mann Lake uranium project in Saskatchewan’s prolific Athabasca Basin. The Mann Lake project is located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit.

Mann Lake Uranium Project
https://www.skyharbourltd.com/_resources/maps/SKY_MannLake_20211129.jpg

“I am happy to report that the drill is turning and we are now coring at Mann Lake,” stated Mike Blady, CEO of Basin Uranium. “Since acquiring the project from Skyharbour Resources in late 2021, the Basin team has made great strides in consulting, permitting, planning, and now drilling […]

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SASKATOON, SK, April 22, 2022 /CNW/ – IsoEnergy Ltd. (" IsoEnergy " or the " Company ") (TSXV: ISO) (OTCQX: ISENF) is pleased to provide an update on winter 2022 exploration activities on the 100% owned Larocque East, Geiger, Hawk and Ranger projects in the eastern Athabasca Basin (Figure 1). Larocque East hosts the Hurricane Zone ("Hurricane" or the "Project"), a high-grade uranium discovery located in the Eastern Athabasca Basin of Saskatchewan. Winter 2022 drilling at Hurricane has now concluded and advanced planning is underway for the follow-up summer program.

Highlights: 30 drill holes totaling 12,147m completed at Larocque East;

36km of conductor strike mapped in two target areas at Geiger, and

Ground geophysical surveys completed at Ranger and Hawk. Tim Gabruch, President and Chief Executive Officer commented: "IsoEnergy has successfully completed the winter drill program at Larocque East, and significantly advanced the understanding of Hurricane’s current size and […]

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Vancouver, British Columbia–(Newsfile Corp. – April 21, 2022) – BASIN URANIUM CORP. (CSE: NCLR) (OTC Pink: BURCF) (FSE: 6NP0) (‘ Basin Uranium ‘ or the ‘ Company ‘) is pleased to announce it has commenced its spring 2022 diamond drilling program at its Mann Lake uranium project in Saskatchewan’s prolific Athabasca Basin. The Mann Lake project is located 25km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. Figure 1

To view an enhanced version of this graphic, please visit:’I am happy to report that the drill is turning and we are now coring at Mann Lake,’ stated Mike Blady, CEO of Basin Uranium. ‘Since acquiring the project from Skyharbour Resources in late 2021, the Basin team has made great strides in consulting, […]

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Skyharbour Resources Ltd Vancouver, BC, April 21, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. ’s ( TSX-V: SYH ) ( OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”), is pleased to announce it has commenced its spring 2022 diamond drilling program at the Mann Lake uranium project in Saskatchewan’s prolific Athabasca Basin. The Mann Lake project is located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit.

“I am happy to report that the drill is turning and we are now coring at Mann Lake,” stated Mike Blady, CEO of Basin Uranium. “Since acquiring the project from Skyharbour Resources in late 2021, the Basin team has made great strides in consulting, permitting, planning, and now drilling in a very short period of time. […]

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Uranium Energy Uranium Energy ( NYSEAMERICAN:UEC – Get Rating ) was downgraded by equities research analysts at Citigroup from a “hold” rating to a “reduce” rating in a note issued to investors on Friday, The Fly reports. They presently have a $5.50 target price on the basic materials company’s stock. Citigroup’s target price would indicate a potential upside of 7.21% from the company’s current price. The analysts noted that the move was a valuation call.

Several other equities analysts also recently commented on UEC. Zacks Investment Research downgraded shares of Uranium Energy from a “buy” rating to a “hold” rating in a report on Thursday, February 24th. HC Wainwright boosted their target price on shares of Uranium Energy from $7.00 to $7.10 and gave the stock a “buy” rating in a report on Monday, April 4th. Finally, Canaccord Genuity Group downgraded shares of Uranium Energy from a “speculative buy” rating […]

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Table 1 – Winter 2022 Radioactive Intersections (CNW Group/IsoEnergy Ltd.) Figure 1 – IsoEnergy Athabasca Projects (CNW Group/IsoEnergy Ltd.) Figure 2 – Larocque East Property Map (CNW Group/IsoEnergy Ltd.) Figure 3 – Hurricane Zone Drill Hole Location Map (CNW Group/IsoEnergy Ltd.) Figure 4 – Larocque East Exploration Drilling Results (CNW Group/IsoEnergy Ltd.) Figure 5 – Geiger Survey Results (CNW Group/IsoEnergy Ltd.) Figure 6 – Ranger Survey Area (CNW Group/IsoEnergy Ltd.) Figure 7 – Hawk Survey Area (CNW Group/IsoEnergy Ltd.) 30 drill holes totaling 12,147m completed at Larocque East;

36km of conductor strike mapped in two target areas at Geiger, and

Ground geophysical surveys completed at Ranger and Hawk.

Tim Gabruch, President and Chief Executive Officer commented: "IsoEnergy has successfully completed the winter drill program at Larocque East, and significantly advanced the understanding of Hurricane’s current size and scope. Assay results are pending and based on these winter drill results […]

Click here to view original web page at www.newswire.ca