Fission CEO, Ross McElroy, to Present at the TD Securities Virtual Uranium Roundtable, October 7, 2021

Fission CEO, Ross McElroy, to Present at the TD Securities Virtual Uranium Roundtable, October 7, 2021

TSX SYMBOL: FCU
OTCQX SYMBOL: FCUUF
FRANKFURT SYMBOL: 2FU

KELOWNA, BC, Oct. 5, 2021 /CNW/ – FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to announce that President and CEO, Ross McElroy, will present at the TD Securities Virtual Uranium Roundtable on October 7, 2021. Mr. McElroy will provide an update on Fission’s resource expansion program and the on-going feasibility study for the Company’s high-grade, near surface uranium project in Saskatchewan. Fission Uranium Corp. Logo (CNW Group/Fission Uranium Corp.) Event Details Event: TD Securities Virtual Uranium Roundtable

Date: October 7, 2021 Fission Presentation: Thursday, October 7, 2021 at 2:10pm ET Location: Virtual Conference About Fission Uranium Fission Uranium Corp. is a Canadian based resource company specializing in the development of the Patterson Lake South uranium property – host to the class-leading Triple R uranium deposit. The Company is headquartered in Kelowna, British […]

Deep Yellow delivers commanding lift in uranium reserves

Deep Yellow delivers commanding lift in uranium reserves

Drilling at Deep Yellow’s Tumas uranium project in Namibia. Credit: File Aspiring uranium producer, Deep Yellow Limited has served up a milestone achievement in its ambitions to bring its Tumas uranium project in Namibia into production. Definitive feasibility study, or “DFS”, drilling has returned a cracking 121 per cent lift to the probable ore reserves previously defined in a pre-feasibility study meeting the company’s objective of delivering a mine life of more than 20 years for the multi-deposit project.

Tumas now takes in probable ore reserves of 68.4 million pounds of uranium oxide grading 345 parts per million for the combined Tumas 1, Tumas 2, Tumas 3 and Tumas 1 East deposits.

Previous estimates as part of the PFS outlined a probable ore reserve base of 31Mlb uranium oxide at 344ppm, sufficient for an 11.8-year mine life.

The stellar increase in ore reserves follows a 25,000-metre resource upgrade drilling program targeting the […]

Firm upbeat on Kayelekera Uranium Mine, outlines plans

Firm upbeat on Kayelekera Uranium Mine, outlines plans

New investors in Kayelekera Uranium Mine in Karonga, Lotus Resources Limited, says it wants to grow resources to ensure a long shelf life of the mine.

The Australian mining firm’s managing director Keith Bowes said in an e-mail response on Thursday that in view of its licence renewal and the pick up in uranium prices, they are positive that the mine can support a viable long-term operation. Kayelekera Mine was put under care and maintenance in 2014 He said: “Lotus Resources recognised that part of the attraction of the Kayelekera Project when it acquired it from Paladin Energy in March 2020 was the potential to increase the existing uranium resource from the current 37.5 million pounds by undertaking exploration programmes.

“The programme itself would initially focus on the potential of the existing mining licence through extensional drilling around the current resource and investigating a number of geophysical anomalies that look like […]

Valor Resources finalising Hook Lake diamond drilling program for prospective uranium zones

Valor Resources finalising Hook Lake diamond drilling program for prospective uranium zones

"Over the past month with the increase in the spot uranium price to over US$50/lb we have seen an unprecedented land grab in the Athabasca Basin. Most of the basin has been pegged which highlights the excitement and prospectivity of this area," says executive chairman. Valor Resources Ltd ( ASX:VAL ) is planning a follow-up diamond drilling program at Hook Lake Uranium Project in Canada’s prolific Athabasca Basin following an on-ground field program that returned assays of up to 59.2% U3O8.

Drilling will test at depth and along strike at a historical trench at Hook Lake/Zone S Prospect where surface sampling returned high-grade assays of up to 59.2% U3O8, 5.05% total rare earth oxides (TREO), 507 g/t silver and 14.5% lead.

The company has already secured all necessary permits for the drilling program granted by the Saskatchewan Ministry of Environment and relevant stakeholders, including First Nations communities, are being contacted regarding […]

Blue Sky Uranium Announces Issuance of Shares for Services

Blue Sky Uranium Announces Issuance of Shares for Services

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

VANCOUVER, BC, Oct. 5, 2021 /CNW/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) , "Blue Sky" or the "Company") announces that, further to its news release dated September 29, 2021, it has issued 1,666,714 common shares in the capital of the Company (each, a " Share "), at a deemed issue price of $0.2063 per Share, in settlement of drilling services totaling $343,843.20. Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.) The Shares are subject to a four month hold period expiring on February 2, 2022 required pursuant to the policies of the TSX Venture Exchange.

About Blue Sky Uranium Corp. Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium […]

Uranium Energy Corp. (UEC) is primed for evolution with the beta value of 2.25

Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $3.10 to be very precise. The Stock rose vividly during the last session to $3.09 after opening rate of $3.01 while the lowest price it went was recorded $2.89 before closing at $3.01.Recently in News on October 4, 2021, Uranium Energy Corp to Present at the TD Virtual Uranium Roundtable. 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 $3.77 on 09/16/21, with the lowest value was $1.51 for the same time period, recorded on 01/21/21.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when […]

Trench Metals Looks to Expand Uranium Project Portfolio Athabasca, Saskatchewan, Canada

Trench Metals Looks to Expand Uranium Project Portfolio Athabasca, Saskatchewan, Canada

Vancouver, Canada – TheNewswire – October 3rd, 2021 – Trench Metals Corp. (the “Company”) (TSXV:TMC) (FWB:33H2) announces that its board of directors has commenced a strategic review of several uranium projects near the Company’s Gorilla Lake Uranium Project with the plan to expand the Company’s portfolio.

Simon Cheng, Chief Executive Officer of the Company commented; “based on the encouraging initial results from our summer 2021 work program on our Gorilla Lake Uranium Project, the Company is excited to assess other highly prospective uranium projects in Athabasca, Saskatchewan that the board feels would enhance the Company’s project portfolio. The board of directors feels the timing is ideal for expansion as the price of uranium is rising and projections are for significant growth in demand for the coming decade. It seems the world is waking up to the idea that nuclear power is the best solution to meet the world’s green […]

September Winners Column: A rough month but uranium and lithium managed gains. And caravan renters

September Winners Column: A rough month but uranium and lithium managed gains. And caravan renters

In September it was tough to pick a winner on the ASX (Pic: WallStBets/Reddit) share

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more.

Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August.

While the stimulus has allowed the market to shrug off concerns about weak economic growth, central banks indicated the end is nigh – spooking investors. Also provoking the bears was Chinese property developer Evergrande teetering on the brink of collapse.But in better news, the Melbourne Demons won the AFL premiership – in the process making St Kilda the holder of the longest premiership drought.The COVID vaccine roll-out in Australia continued to accelerate from 19,697,498 jabs to 27,750,501. We also entered into the AUKUS pact enabling us to build nuclear-powered submarines.And perhaps not everyone was affected […]

Blue Sky Uranium Announces Shares for Services Agreement and Proposed Share Issuance

The Company has received an initial invoice in the amount of $343,843.20 from AGV for Services performed from August 1, 2021 to August 31, 2021 (the " Initial Services "). The Company proposes to issue 1,666,714 Common Shares (the " Shares ") to AGV at a deemed issue price of $0.2063 per Share in settlement of the Initial Services. The Agreement, the proposed issuance of the Shares and future issuances of Common Shares pursuant to the Agreement are subject to the acceptance of the Exchange.

The Company has a right of first refusal until January 20, 2024 to arrange for the purchase from AGV of any Common Shares issued pursuant to the Agreement, and all Common Shares issued pursuant to the Agreement will be held in escrow by the Company for a period of the earlier of: (i) January 20, 2024; or (ii) the date of completion of the Services.

[…]

Research Recommendations For Uranium Royalty Corp. (UROY): Here is What You Should Know

Uranium Royalty Corp. (NASDAQ:UROY) saw an upside of 9.14% to close Friday at $3.94 after adding $0.33 on the day. The 5-day average trading volume is 1,028,220 shares of the company’s common stock. It has gained $4.46 in the past week and touched a new high 2 times within the past 5 days. An average of 1,702,695 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 762,976.

UROY’s 1-month performance is 34.93% or $1.02 on its low of $2.92 reached on 09/02/21. The company’s shares have touched a 52-week low of $0.81 and high of $5.60, with the stock’s rally to the 52-week high happening on 09/16/21. YTD, UROY has achieved 243.68% or $2.79 and has reached a new high 27 times. However, the current price is down -29.64%% from the 52-week high price. Valuation Metrics

Uranium Royalty Corp. (UROY) […]

ALX Resources Corp. Acquires McKenzie Lake Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. Acquires McKenzie Lake Uranium Project, Athabasca Basin, Saskatchewan

Vancouver, British Columbia–(Newsfile Corp. – September 30, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has acquired the McKenzie Lake Uranium Project ("McKenzie Lake", or the "Project") in northern Saskatchewan, Canada. McKenzie Lake consists of four mineral claims purchased from an arm’s length vendor group, and a fifth mineral claim staked by the Company, giving the Project a total area of 6,916 hectares (17,089 acres). McKenzie Lake is located near the eastern margin of the Athabasca Basin approximately 20 kilometres (12.5 miles) north of the Company’s newly acquired Javelin Uranium Project, and about 55 kilometres (34 miles) southeast of the McArthur River Uranium Mine. McKenzie Lake Uranium Project

About McKenzie Lake

McKenzie Lake is located outside of the eastern margin of the Athabasca Basin within the central parts of the Wollaston Domain basement rocks, which […]

Drill-Ready Uranium Targets Added at Macusani with surface grab samples averaging 18,270 ppm U (2.15% U3O8)

VANCOUVER, British Columbia, Sept. 28, 2021 (GLOBE NEWSWIRE) — American Lithium Corp . (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce positive prospecting, mapping and sampling results from the Company’s Macusani Uranium Project (“Macusani”), located in the Puno region in southeastern Peru, and to provide an update on upcoming drilling plans for the project.

Highlights: 2021 radiometric prospecting and sampling work has identified possible extensions to five existing uranium deposits and three new anomalies for drill testing (see Figure 1 – Macusani Project Location Map with new target areas highlighted, below);

Results include over 90 grab sample with grades ranging from a low of of 6.3 ppm U to a high of 377,400 ppm U (44.5% U 3 O 8 ) with all samples averaging 18,270 ppm U (2.15% U 3 O 8 ) 1 ;

Drilling is planned at Macusani to expand […]

Uranium Market Achieves Record Spot Market Transaction Volume

Uranium Market Achieves Record Spot Market Transaction Volume

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The uranium market continues to observe high transaction volume, which reached a new record in September with 14.5 million pounds U3O8 equivalent transacted in the spot market—the largest transaction volume recorded in a single month since 1996, according to industry consultant TradeTech.

ENGLEWOOD, Colo. (PRWEB) October 01, 2021

The uranium market continues to observe high transaction volume, which reached a new record in September with 14.5 million pounds U3O8 (triuranium oxide) equivalent transacted in the spot market—the largest transaction volume recorded in a single month since 1996, according to industry consultant TradeTech.This is the second consecutive month for record transaction volumes in the uranium spot market. A total of 13.2 million pounds U3O8 equivalent traded hands during the month of August, notes TradeTech, the longest-running uranium price […]

Uranium Market Achieves Record Spot Market Transaction Volume

Uranium Market Achieves Record Spot Market Transaction Volume

"An increase in uranium buying interest from the utility and non-end user sectors has resulted in higher offers for all buyers in the mid- and long-term delivery periods,” said TradeTech President Treva Klingbiel. The uranium market continues to observe high transaction volume, which reached a new record in September with 14.5 million pounds U3O8 (triuranium oxide) equivalent transacted in the spot market—the largest transaction volume recorded in a single month since 1996, according to industry consultant TradeTech.

This is the second consecutive month for record transaction volumes in the uranium spot market. A total of 13.2 million pounds U3O8 equivalent traded hands during the month of August, notes TradeTech, the longest-running uranium price reporter.

In August, the increase in the spot uranium price outpaced prices observed in the mid- and long-term market sectors. However, that trend was reversed in September. Beginning in the second half of the month, spot prices started […]

Top Stories This Week: Uraniumโ€™s Price Potential, How Gold Could Hit US$3,000

Top Stories This Week: Uraniumโ€™s Price Potential, How Gold Could Hit US$3,000

Uranium remains in the spotlight, and that’s where this week’s update is going to start.

If you’ve been following along, you’ll remember that the market has been attracting attention since the Sprott Physical Uranium Trust (TSX: U.UN ) came onto the scene and started buying up physical uranium.

I recently spoke with Justin Huhn of Uranium Insider , who took the time to explain where the market could go from here. He’s not a fan of making price predictions, but did say the commodity could “absolutely” rise as high as it did during the last cycle, when it peaked around US$140 per pound. Gold In 2021 – Will It Be Another Wild Ride?

What’s Next For The Gold market? Our Exclusive Report Provides You With All The Information Needed To Make An Informed Decision. “There’s really bullish price forecasts being thrown out there, and I think that we see a […]

Blue Sky Uranium Announces Shares for Services Agreement and Proposed Share Issuance

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

VANCOUVER, BC, Sept. 29, 2021 /PRNewswire/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) , "Blue Sky" or the "Company") announces that the Company has entered into an agreement (the " Agreement ") with AGV Falcon Drilling S.R.L. (" AGV "), an arm’s length party, pursuant to which the Company has agreed to issue common shares in the capital of the Company (each, a " Common Share ") in satisfaction of ongoing drilling services provided by AGV (the " Services ") in the Ivana Central and Norte Projects located in the Province of Rio Negro, Argentina. It is expected that Blue Sky will owe AGV up to an aggregate of US$590,265 as payment for the Services, depending on the number of meters drilled, which is expected to be settled by the issuance of […]

How did ASX uranium shares perform in September?

How did ASX uranium shares perform in September?

It looked like ASX uranium shares were making a run for the moon in September, many of which surged to multi-year highs. Uranium prices skyrocketed at the beginning of the month, surging from US$30/lb to above US$50/lb for the first time since June 2012. The resurgence in uranium was largely driven by Canadian investment fund, Sprott Asset Management and its Physical Uranium Trust.

Sprott had an aggressive strategy to buy physical uranium off the spot market, effectively squeezing the illiquid market.

But as Sprott’s buying activity slowed and profit-taking began to take place, uranium prices eased in the latter half of the month. By month-end, uranium prices were sitting at around US$44/lb.

The Global X Uranium Exchange Traded Fund (ETF) provides a solid overview of how the broader sector performs amidst the renewed interest in the energy metal.Last month, the uranium ETF surged 36% from US$21 to a 7-year high of US$28.7 […]

ALX Resources Corp. Acquires McKenzie Lake Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. Acquires McKenzie Lake Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. is pleased to announce that it has acquired the McKenzie Lake Uranium Project in northern Saskatchewan, Canada. McKenzie Lake consists of four mineral claims purchased from an arm’s length vendor group, and a fifth mineral claim staked by the Company, giving the Project a total area of 6,916 hectares . McKenzie Lake is located near the eastern margin of the Athabasca Basin approximately 20 …

ALX Resources Corp. ( TSXV: AL ) (FSE: 6LLN) (OTC: ALXEF) (“ALX” or the “Company”) is pleased to announce that it has acquired the McKenzie Lake Uranium Project (“McKenzie Lake”, or the “Project”) in northern Saskatchewan, Canada. McKenzie Lake consists of four mineral claims purchased from an arm’s length vendor group, and a fifth mineral claim staked by the Company, giving the Project a total area of 6,916 hectares (17,089 acres). McKenzie Lake is located near the eastern margin of the […]

Resources Top 5: Gold explorer cops second speeding ticket in a month, while a uranium play runs to meet its deadline

Resources Top 5: Gold explorer cops second speeding ticket in a month, while a uranium play runs to meet its deadline

Son do you know what I’m stoppin you for? Pic: 99 Problems, Jay-Z (2003). share

Micro-cap explorer Amani Gold responds to second speeding ticket in 30 days after shooting up 250%.

Vimy Resources gets key WA mines department approval as it looks to meet ‘substantial commencement’ deadline.

Brightstar secures funds for Laverton drilling Klaus Eckhof’s Amani Gold has billions of shares on issue and at an opening price of just 0.1c this morning, tends to be pretty volatile.It has just had to respond to its second speeding ticket from the ASX in one month as its shares jumped an incredible 250% to 0.35c with almost 1.5 billion shares changing hands.A speeding ticket, if you were not aware, is a price query, when ASX compliance officers get in touch to find out if there’s any info that hasn’t been made available to the broader market to explain why a stock […]

Lotus Resources' Kayelekera Project positioned to become one of first projects to recommence uranium production

Lotus Resources’ Kayelekera Project positioned to become one of first projects to recommence uranium production

The re-start scoping study highlighted Kayelekera as a project that can restart quickly with a potential 14-year life of mine producing more than 23 million pounds of uranium oxide. Lotus Resources Ltd ( ASX:LOT ) has considerably advanced the Kayelekera Project in Malawi, positioning it to be one of the first projects to recommence uranium production in the future.

The re-start scoping study released last October highlighted Kayelekera as a project that can restart quickly with a potential 14-year life of mine producing more than 23 million pounds of uranium oxide (U3O8).

It also has one of the lowest initial capital costs of US$50 million, to re-commence production. "Envious position"

Lotus Resources chairman Michael Bowen said in the annual report: “This envious position of low capital costs will be a major differentiator for Lotus going forward, as in the coming years, cost escalation across the resources sector is likely to become […]

Uranium Royalty Corp. (NASDAQ:UROY) Reduces -13.01% In A Week: Whatโ€™s Taking The Stock Higher?

In last trading session, Uranium Royalty Corp. (NASDAQ:UROY) saw 1.16 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $3.61 trading at -$0.24 or -6.23% at ring of the bell on the day assigns it a market valuation of $282.76M. That closing price of UROY’s stock is at a discount of -55.12% from its 52-week high price of $5.60 and is indicating a premium of 77.56% from its 52-week low price of $0.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.15 million shares which gives us an average trading volume of 614.98K if we extend that period to 3-months.

For Uranium Royalty Corp. (UROY), analysts’ consensus is at an average recommendation of a Buy. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell […]

Will This Canadian REE Company Decide to Advance Its Athabascan Uranium Projects?

Will This Canadian REE Company Decide to Advance Its Athabascan Uranium Projects?

Over the past few years, during which the uranium market has been depressed, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) focused on advancing the rare earth elements project, Wicheeda. However, now that uranium spot prices are at multiyear highs, the Vancouver-based explorer decided to investigate whether its two uranium projects are worth advancing to create more value for shareholders. "Together, the two projects encompass five mineral claims over 9,363 hectares." These two projects are Geiger North and Klaproth, which Defense Metals acquired in 2018. Geiger North consists of three pieces of land totaling 1,233 hectares (1,233 ha) and Klaproth, two properties spanning 8,130 ha. Together, the two projects encompass five mineral claims over 9,363 ha.

The location of the projects is advantageous and strategic, as they are in the prolific northeast Athabasca Basin in Saskatchewan, Canada, next to the Wollaston-Mudjatik transition zone, a structure tied to most of the area’s major […]

A New Perspective On Uranium Energy Corp. (UEC)

Uranium Energy Corp. (AMEX:UEC) at last check was buoying at $3.00 on Thursday, September 30 with a rise of 3.81% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $2.89 and 5Y monthly beta was reading 2.43 with its price kept floating in the range of $2.78 and $3.08 on the day. Considering stock’s 52-week price range provides that UEC hit a high price of $3.77 and saw its price falling to a low level of $0.82 during that period. Over a period of past 1-month, stock came adding 20.42% in its value.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap […]

How Uranium ETFs logged double-digit returns and rare-earth buys shined in Q3, but KraneSharesโ€™s China fund tanked

How Uranium ETFs logged double-digit returns and rare-earth buys shined in Q3, but KraneSharesโ€™s China fund tanked

Hello, hello! In this Thursday’s edition of ETF Wrap we do a rundown on what worked and what didn’t over the past three months. In brief, rare-earth metals were big winners in the third quarter but China related funds were clobbered.

You know the drill: send tips, or feedback, and find me on Twitter at @mdecambre to tell me what we need to be jumping on.

And sign up here for ETF Wrap.

The good and the bad Top 5 gainers of the past week %Performance VanEck Oil Services ETF 5.0 Fidelity MSCI Energy Index ETF 4.8 KraneShares Global Carbon ETF 3.2 Avantis U.S. Small Cap Value ETF 2.4 Global X MLP & Energy Infrastructure ETF 2.0 Source: FactSet, through Sept. 29, excluding ETNs and leveraged products . Includes NYSE, Nasdaq and Cboe traded ETFs of $500 million or greater Top 5 decliners of the past week %Performance VanEck Rare Earth/Strategic Metals […]

Uranium Energy (UEC) falls 5.56% in Light Trading on September 29

Uranium Energy (UEC) falls 5.56% in Light Trading on September 29

Today, Uranium Energy Corp Inc’s (NYSE: UEC) stock fell $0.17, accounting for a 5.56% decrease. Uranium Energy opened at $3.05 before trading between $3.08 and $2.78 throughout Wednesday’s session. The activity saw Uranium Energy’s market cap fall to $674,087,870 on 8,305,721 shares -below their 30-day average of 10,827,269. About Uranium Energy Corp

Uranium Energy Corp is a U.S.-based uranium mining and exploration company. In South Texas, the Company’s hub-and-spoke operations are anchored by the fully-licensed Hobson Processing Facility which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the Company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay. The Company’s operations are managed by professionals with a recognized profile […]