What Do You Know About Uranium?

Ruth Saldanha: If you’re closely watching the markets in 2020, you may have noticed that uranium has been steadily rising. Morningstar analyst Kristoffer Inton believes that because of the pandemic and because of the results of the 2020 presidential election, the prices of the commodity have risen. But can that continue? He’s here today to share his thoughts.

Kris, thank you so much for being here today.

Kristoffer Inton: Thanks for having me.

Saldanha: First up, the price of uranium rose sharply at the beginning of the pandemic. It fell a little and then it rose again. What was the reason for this first initial price fluctuation? Inton: So, at the start of the pandemic, what we saw was some temporary production cuts by major producing companies, Canadian-based Cameco and Kazakhstani government owned Kazatomprom. Now, the uranium industry has been struggling for the last decade with oversupply given the shock […]

Global Atomic Announces Accelerated Expiry of Common Share Purchase Warrants

Global Atomic Announces Accelerated Expiry of Common Share Purchase Warrants

Global Atomic Corporation announced the acceleration of the expiry date of common share purchase warrants issued pursuant to the Company’s Unit private placement of May 2020 . Units consisted of one common share and one-half common share purchase warrant exercisable at C$0.85 for a period of two years from closing, Finder’s warrants issued pursuant to closing are exercisable at C$0.67 for a period of two years from …

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced the acceleration of the expiry date of common share purchase warrants (“warrants”) issued pursuant to the Company’s Unit private placement of May 2020 . Global Atomic Corporation (CNW Group/Global Atomic Corporation) Units consisted of one common share and one-half common share purchase warrant exercisable at C$0.85 for a period of two years from closing, Finder’s warrants issued pursuant to closing are exercisable at C$0.67 for a period […]

GoviEx Announces Completion of $8 Million Private Placement

GoviEx Announces Completion of $8 Million Private Placement

GoviEx Uranium Inc. is pleased to announce that it has completed a non-brokered private placement with the issue of 32,000,000 units at a price of C$0.25 per Unit for gross proceeds of C$8,000,000.Each Unit consists of one Class A common share in the capital of the Company and one transferable share purchase warrant . Each Warrant will entitle the holder to acquire on exercise one Common Share until January 21, 2023 …

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “Company”) is pleased to announce that it has completed a non-brokered private placement with the issue of 32,000,000 units (“Units”) at a price of C$0.25 per Unit (the “Private Placement”) for gross proceeds of C$8,000,000.

Each Unit consists of one (1) Class A common share in the capital of the Company (a “ Common Share “) and one (1) transferable share purchase warrant (a “ Warrant “). Each Warrant will […]

Uranium Mining Market Size, Share, Demand and Forecasts Report till 2026

The Uranium Mining market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The report provides key statistics on the market status of the Uranium Mining manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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Download Sample PDF https://www.insidemarketreports.com/sample-request/13/670809/Uranium-Mining We encourage businesses to become economically viable, socially acceptable, ethical & yet revolutionary research in technology as well as its profitable marketing with a greater […]

Skyharbour’s Partner Company Azincourt Energy 2021 Winter Drill Program Preparations Underway at East Preston Uranium Project

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy Corp. (“Azincourt”) is pleased to provide an update on preparations for the 2021 winter exploration program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

Results from the 2020 HLEM survey have been received and drill target prioritization is now underway, based on the compilation of results from the 2019 and 2020 drill programs and 2018 through 2020 ground-based EM and gravity surveys, and property wide VTEM and magnetic surveys.

An exploration program of a minimum of $1M will focus on the central portion of the East Preston property. Permits are in place to allow the commencement of an approximately 2,000-2,500 metre drill program consisting of up to 10 to 12 holes testing targets extending south from the A […]

Investors react well to the Global X Uranium ETF

Investors react well to the Global X Uranium ETF

The Global X Uranium ETF [URA] is expected to glow brightly once more in 2021.

The ETF ended 2020 at $15.33 before rising 0.9% to $15.47 on 19 January. On the same date last year, it stood at $10.71, sliding to $6.94 on 18 March as the coronavirus pandemic battered markets.

The fund reported cumulative year-to-date performance gains of 41.44 to the end of December 2020, while its net assets currently stand at $272.34m.

This compares with both the VanEck Vectors Uranium & Nuclear Energy ETF [NLR], which has $18.09m total assets and had a year-to-date total daily return of 3.5% on 31 December 2020, and the North Shore Global Uranium Mining ETF [URNM], with $47.71m of assets and a YTD total daily return of 7.66%.The Global X Uranium ETF was launched on 4 November 2010 and provides investors access to a broad range of companies involved in uranium mining and the […]

Investors react well to the Global X Uranium ETF

Investors react well to the Global X Uranium ETF

The Global X Uranium ETF [URA] is expected to glow brightly once more in 2021.

The ETF ended 2020 at $15.33 before rising 0.9% to $15.47 on 19 January. On the same date last year, it stood at $10.71, sliding to $6.94 on 18 March as the coronavirus pandemic battered markets.

The fund reported cumulative year-to-date performance gains of 41.44 to the end of December 2020, while its net assets currently stand at $272.34m.

This compares with both the VanEck Vectors Uranium & Nuclear Energy ETF [NLR], which has $18.09m total assets and had a year-to-date total daily return of 3.5% on 31 December 2020, and the North Shore Global Uranium Mining ETF [URNM], with $47.71m of assets and a YTD total daily return of 7.66%.The Global X Uranium ETF was launched on 4 November 2010 and provides investors access to a broad range of companies involved in uranium mining and the […]

Deep Yellow Limited (ASX:DYL) December Quarterly Activities Report

Deep Yellow Limited (ASX:DYL) December Quarterly Activities Report

December Quarterly Activities Report ASX:DYL ) ( FRA:JMI ) ( OTCMKTS:DYLLF ) completed the second phase of the September/October RC drilling program at the Tumas 3 deposit, located on EPL3496 (Figure 1*) in October (ASX announcement 29 October 2020). The project is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN).

The second phase of the drilling program targeted the peripheral zones of the Tumas 3 deposit, to clearly define the edges of the uranium mineralisation along and across the palaeochannel to assist reserve estimation.

Drill results along the margins of the deposit exceeded expectations, with 57% of the 53 holes completed returning uranium mineralisation greater than 100ppm eU3O8 over 1m, and 34% returning uranium mineralisation greater than 200ppm eU3O8 over 1m.

These excellent results are reflected in Figure 2*, which outlines GT (grade x thickness) in colour code, comparing previous drilling results against most recent […]

Skyharbour Resources Grants Incentive Stock Options

Skyharbour Resources Grants Incentive Stock Options

VANCOUVER, British Columbia, Jan. 20, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P) (the “Company”) announces that the Company has granted 1,550,000 incentive stock options (the "Options") to officers, directors and consultants of the Company. The Options are exercisable at $0.28 per share for a period of five years from the date of grant. The Options have been granted under and are governed by the terms of the Company’s Incentive Stock Option Plan.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres […]

Uranium Hexafluoride Market Set for Rapid Expansion during Forecast Period 2021-2026

The Research Report on “ Global Uranium Hexafluoride Market – Strategic recommendations, Trends, Segmentation, Use case Analysis, Competitive Intelligence, Global and Regional Forecast (to 2026) ” added by In4Research is a powerful resource for industry Professional to analyze the Uranium Hexafluoride industry thoroughly and helps in decision making. Global Uranium Hexafluoride Market Report Overview:

The report highlights exclusive and relevant factors that are likely to have a significant impact on the Uranium Hexafluoride market during the forecast period. This report also includes the COVID-19 pandemic impact analysis on the Uranium Hexafluoride market. This report includes a detailed and considerable amount of information, which will help new providers in the most comprehensive manner for better understanding. The report elaborates on the historical and current trends holding the growth of the Uranium Hexafluoride Market.

Request for a sample copy of the report to get extensive insights into Uranium Hexafluoride market […]

Uranium Hexafluoride Market Size, Growth Factor, Key Players, Regional Demand, Trends and Forecast To 2027

Uranium Hexafluoride Market Size, Growth Factor, Key Players, Regional Demand, Trends and Forecast To 2027

The recent report on “Global Uranium Hexafluoride Industry Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027” offered by Credible Markets , comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “ Uranium Hexafluoride Industry Market ”.

An exhaustive competition analysis that covers insightful data on industry leaders is intended to help potential market entrants and existing players in competition with the right direction to arrive at their decisions. Market structure analysis discusses in detail Uranium Hexafluoride Industry companies with their profiles, revenue shares in market, comprehensive portfolio of their offerings, networking and distribution strategies, regional market footprints, and much more.

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The report primarily […]

Uranium Energy Corp. (NYSEAMERICAN:UEC) Holdings Raised by Exchange Traded Concepts LLC

Uranium Energy Corp. (NYSEAMERICAN:UEC) Holdings Raised by Exchange Traded Concepts LLC

→ The Next Big Thing in Plant-based Foods is This Company (Ad) Uranium Energy logo Exchange Traded Concepts LLC grew its position in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 107.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,470,433 shares of the basic materials company’s stock after acquiring an additional 761,405 shares during the quarter. Exchange Traded Concepts LLC owned approximately 0.74% of Uranium Energy worth $2,588,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp grew its stake in Uranium Energy by 14.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 581,794 shares of the basic materials company’s stock worth $511,000 after buying an additional 71,888 shares during the last quarter. […]

International Consolidated Uranium Provides Update to Shareholders

VANCOUVER, BC, Jan. 20, 2021 /CNW/ – International Consolidated Uranium Inc. (the " Company " or " Consolidated Uranium ") (TSXV: CUR ) announced today that Chairman and Chief Executive Officer, Philip Williams, issued an open letter to shareholders of the Company.

To the shareholders of Consolidated Uranium:

As we begin 2021, I wanted to take a moment to reflect on our Company’s achievements over the past year and set out our objectives for the upcoming year and beyond.

– Uranium Market Resurgence Looking back to early last year, the decision to enter the uranium sector as a global consolidator does seem prescient. After trading in the low to mid $20.00 per lb for the better part of the previous three-years, the uranium spot price took off in April of 2020, driven by COVID related supply disruptions, touching a high of $34.00 per lb before settling at ~$30.00 per lb, where it […]

Uranium Energy (NYSEAMERICAN:UEC) Cut to Hold at Zacks Investment Research

Uranium Energy (NYSEAMERICAN:UEC) Cut to Hold at Zacks Investment Research

→ "Do This" Before January 20th (Ad) Uranium Energy Corp. logo Zacks Investment Research cut shares of Uranium Energy (NYSEAMERICAN:UEC) from a buy rating to a hold rating in a report issued on Friday, Zacks.com reports.

According to Zacks, “Uranium Energy Corp is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom. “

UEC has been the subject of several other reports. HC […]

Skyharbour’s Partner Company Azincourt Energy Completes Geophysical Program and Adds Drill Targets at East Preston Uranium Project

VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy Corp. (“Azincourt”) is pleased to announce the recent ground-based geophysical exploration program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, has been completed with several additional drill targets having been identified.

The program comprised a horizontal loop electromagnetic survey (“HLEM”) originally consisting of a total of 33 line-km of line-cutting and surveying. An additional 5 lines of cutting and surveying were added, bringing the total survey coverage to 40.5 line-km in six grid target areas. Previous updates on this survey were provided by Azincourt in news releases dated November 23, 2020 and December 9, 2020.

Unconformity-related uranium deposits associated with the Athabasca Basin are closely associated with basement conductive packages. The HLEM survey was utilized to refine and prioritize […]

Global Atomic Reports on its Turkish Operations

Global Atomic Reports on its Turkish Operations

Global Atomic Corporation is pleased to announce year end results for its Turkish joint venture. In 2020, the operations processed 68,840 tonnes of electric arc furnace dust and shipped 38.4 million pounds of zinc contained in Waelz oxide concentrates. Overall operating results for the 4 th quarter and the year are summarized as follows: Operations were affected during the year by limited availability of EAFD due to …

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) is pleased to announce year end results for its Turkish joint venture. In 2020, the operations processed 68,840 tonnes of electric arc furnace dust (“EAFD”) and shipped 38.4 million pounds of zinc contained in Waelz oxide concentrates. Overall operating results for the 4 th quarter and the year are summarized as follows: Global Atomic Corporation (CNW Group/Global Atomic Corporation) Cdn $ ‘000 3 months ended
December 31, […]

Top Pick U.S.-Based Uranium Producer/Developer Offers ‘Maximum Upside Exposure’

Top Pick U.S.-Based Uranium Producer/Developer Offers ‘Maximum Upside Exposure’

Source: Streetwise Reports 01/14/2021 The key reasons Uranium Energy warrants Top Pick status and makes a compelling investment are presented in a Haywood Capital Markets report.

In a Jan. 12 research note, analyst Colin Healey reported that Uranium Energy Corp. (UEC:NYSE.MKT) ranks among Haywood Capital Markets’ Top Picks for 2021 and is “perfectly positioned to leverage both macro and domestic catalysts.”

“UEC has production ready-assets within reach of its South Texas Hobson central processing plant and its Reno Creek project is fully permitted/construction ready, creating a pathway to 4 Mlb U3O8/year of near-term production once the uranium price incentivizes,” Healey stated.

He noted that UEC has multiple deposits with “relatively low capex hurdles, near-ready to feed the plant.”“With over 19 million pounds (19 Mlb) of U3O8 in all categories’ resources defined (>85% fully permitted) across the Texas in situ recovery assets and plenty of unexplored, but highly prospective, acreage, Uranium Energy […]

Blue Sky Uranium Closes 1st Tranche of Non-Brokered Private Placement

Blue Sky Uranium Closes 1st Tranche of Non-Brokered Private Placement

Blue Sky Uranium Corp. logo (CNW Group/Blue Sky Uranium Corp.) /NOT FOR DISTRIBUTION TO THE UNITED STATES/

VANCOUVER, BC, Jan. 11, 2021 /CNW/ – Blue Sky Uranium Corp. (TSXV: BSK ) (FSE: MAL2) (OTC: BKUCF) , ("Blue Sky" or the "Company") is pleased to announce it has closed the 1 st tranche of the non-brokered private placement (the " Private Placement ") through the issuance of 22,913,577 units at a subscription price of $0.13 per unit for aggregate gross proceeds to the Company of $2,978,765. The Company announced the private placement on December 29, 2020 and due to high investor demand, increased the amount from $3,510,000 to $5,460,000 consisting of 42 million units on January 5, 2021.

Each unit consists of one common share and one transferrable common share purchase warrant (the " Units "). Each warrant will entitle the holder thereof to purchase one additional common share in the […]

Why are uranium stocks booming?

Why are uranium stocks booming?

Uranium stocks having been rising since November 2020 and are now very clearly in a strong bull run. We asked some of our InvestorIntel team members and experts about what’s their view as to why uranium stocks are booming.

If we look at the two leading US listed uranium miners their stock prices are both up around 150% over the past 3 months (see chart below). Some of the other uranium miners such as Western Uranium & Vanadium Corp. (CSE: WUC | OTCQX: WSTRF) and Fission Uranium Corp. (TSX: FCU | OTCQX: FCUUF) have seen impressive gains around 70% over the past 3 months.

What is going on, asks InvestorIntel CEO Tracy Weslosky. This is extraordinarily. Something is up! The impeachment vote? War mongers? The Biden factor? What?

Leading US uranium miners Energy Fuels Inc. (NYSE American: UUUU) and Ur‐Energy Inc. (NYSE American: URG) are up about 150% the past 3 […]

Uranium Energy (NYSEAMERICAN:UEC) Stock Rating Lowered by Zacks Investment Research

Uranium Energy (NYSEAMERICAN:UEC) Stock Rating Lowered by Zacks Investment Research

Uranium Energy logo Uranium Energy (NYSEAMERICAN:UEC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday, Zacks.com reports.

According to Zacks, “Uranium Energy Corp is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom. “

A number of other analysts have also weighed in on the stock. HC Wainwright cut their price objective […]

Top Pick U.S.-Based Uranium Producer/Developer Offers 'Maximum Upside Exposure'

Top Pick U.S.-Based Uranium Producer/Developer Offers ‘Maximum Upside Exposure’

January 15, 2021 (Investorideas.com Newswire) The key reasons Uranium Energy warrants Top Pick status and makes a compelling investment are presented in a Haywood Capital Markets report. In a Jan. 12 research note, analyst Colin Healey reported that Uranium Energy Corp. (UEC:NYSE.MKT) ranks among Haywood Capital Markets’ Top Picks for 2021 and is "perfectly positioned to leverage both macro and domestic catalysts."

"UEC has production ready-assets within reach of its South Texas Hobson central processing plant and its Reno Creek project is fully permitted/construction ready, creating a pathway to 4 Mlb U3O8/year of near-term production once the uranium price incentivizes," Healey stated.

He noted that UEC has multiple deposits with "relatively low capex hurdles, near-ready to feed the plant."

"With over 19 million pounds (19 Mlb) of U3O8 in all categories’ resources defined (>85% fully permitted) across the Texas in situ recovery assets and plenty of unexplored, but highly prospective, acreage, Uranium […]

Uranium Participation Corporation Reports Financial Results for the Quarter Ended November 30, 2020

Uranium Participation Corporation Reports Financial Results for the Quarter Ended November 30, 2020

TORONTO, Jan. 14, 2021 /CNW/ – Uranium Participation Corporation (‘UPC’ or the ‘Corporation’) today filed its Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the periods ended November 30, 2020. Both documents can be found on the Company’s website ( www.uraniumparticipation.com ) or on SEDAR ( www.sedar.com ). The highlights provided below are derived from these documents and should be read in conjunction with them. All amounts are in Canadian dollars, unless otherwise noted. View PDF version

Selected financial information: View PDF URANIUM PARTICIPATION CORPORATION REPORTS FINANCIAL RESULTS FOR THE QUARTER ENDED NOVEMBER 30, 2020 (CNW Group/Uranium Participation Corporation)

Net asset value (in thousands) $ 668,624 $ 701,662 $ 819,823 $ 597,105

Overall Performance The net loss for the three months ended November 30, 2020 was mainly driven by unrealized net losses on investments in […]

Top Pick U.S.-Based Uranium Producer/Developer Offers 'Maximum Upside Exposure' Research Report

Top Pick U.S.-Based Uranium Producer/Developer Offers ‘Maximum Upside Exposure’ Research Report

The key reasons Uranium Energy warrants Top Pick status and makes a compelling investment are presented in a Haywood Capital Markets report. In a Jan. 12 research note, analyst Colin Healey reported that Uranium Energy Corp. (UEC:NYSE.MKT) ranks among Haywood Capital Markets’ Top Picks for 2021 and is "perfectly positioned to leverage both macro and domestic catalysts."

"UEC has production ready-assets within reach of its South Texas Hobson central processing plant and its Reno Creek project is fully permitted/construction ready, creating a pathway to 4 Mlb U3O8/year of near-term production once the uranium price incentivizes," Healey stated.

He noted that UEC has multiple deposits with "relatively low capex hurdles, near-ready to feed the plant."

"With over 19 million pounds (19 Mlb) of U3O8 in all categories’ resources defined (>85% fully permitted) across the Texas in situ recovery assets and plenty of unexplored, but highly prospective, acreage, Uranium Energy is well positioned to […]

Bullfrog Gold (OTCMKTS:BFGC) versus Fission Uranium (OTCMKTS:FCUUF) Financial Contrast

Bullfrog Gold (OTCMKTS:BFGC) versus Fission Uranium (OTCMKTS:FCUUF) Financial Contrast

Bullfrog Gold ( OTCMKTS:BFGC ) and Fission Uranium ( OTCMKTS:FCUUF ) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, profitability, earnings, institutional ownership and dividends.

Valuation & Earnings

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This table compares Bullfrog Gold and Fission Uranium’s gross revenue, earnings per share (EPS) and valuation. Risk & Volatility Bullfrog Gold has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Fission Uranium has a beta of 2.78, indicating that its share price is 178% more volatile than the S&P 500. Profitability This table compares Bullfrog Gold and Fission Uranium’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Bullfrog Gold N/A N/A -256.13% Fission Uranium N/A -1.53% -1.50% […]

Skyharbour Resources Expands Maverick East Zone with Additional High Grade Uranium Discovered in the Basement Rocks and Announces Upcoming Winter 2021 Drill Program

Skyharbour Resources Expands Maverick East Zone with Additional High Grade Uranium Discovered in the Basement Rocks and Announces Upcoming Winter 2021 Drill Program

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce the remaining results from its 2020 fall diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake/McArthur River operations in the Athabasca Basin, Saskatchewan. In addition to the previously announced hole ML20-09 which returned 0.72% U 3 O 8 over 17.5 metres from 271.5 metres to 289.0 metres, drillhole ML20-12 returned another broad zone of sandstone and basement-hosted uranium mineralization from 268.1 metres to 286.0 metres downhole. This intercept returned 0.28% U 3 O 8 over 17.9 metres and contained a basal high grade basement intercept of 1.09% U 3 O 8 over 2.5 metres. Up to 2.3% Cu was intersected in […]