Vancouver, BC – Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt:SC1P) (the ‘Company’) partner company Azincourt Energy (‘Azincourt’) is pleased to provide an update on mobilization for the East Preston winter program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Azincourt is conducting an extensive drill program for the winter of 2023, as last reported in a news release dated December 13th, 2022. TerraLogic Exploration Inc. (‘TerraLogic’) will facilitate and execute the program under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P. Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic. The program will consist of up to 5,000 metres of drilling in 20+ diamond drill holes. The priority will be to continue to evaluate the alteration zones and elevated uranium identified in the winter of 2022 with a focus on the G, K and H Zones.

C&C Road […]

Click here to view original web page at www.marketscreener.com

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") announces that the board of directors of the Company has approved the granting of 1,100,000 incentive stock options (the "Options") pursuant to the Company’s Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 800,000 of the Options which are exercisable at a price of $0.325 per share, expire on January 25, 2028 and vest over a three-year period.

About Fortune Bay

Fortune Bay Corp. (TSXV: FOR, FWB: 5QN, OTCQX: FTBYF) is an exploration and development company with 100% ownership in two advanced gold exploration projects in Canada, Saskatchewan (Goldfields Project) and Mexico, Chiapas (Ixhuatán Project), both with exploration and development potential. The Company is also advancing the 100% owned Strike and Murmac uranium exploration projects, located near the Goldfields Project, which have high-grade potential typical of the Athabasca Basin. […]

Click here to view original web page at investingnews.com

The Athabasca Basin, Northern Saskatchewan

Cautionary Statements & References

This presentation and the information contained herein is designed to help you understand management’s current views, and may not be appropriate for other purposes. This presentation contains third-party information, such as the uranium market, other issuers, provincial and federal infrastructure and regulations, etc., derived from third-party publications and reports which Denison believes are reliable but have not been independently verified by the Company.

Certain information contained in this presentation constitutes "forward-looking information", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and similar Canadian legislation concerning the business, operations and financial performance and condition of Denison. Generally, these forward-lookingstatements can be identified by the use of forward-lookingterminology such as "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes", or the negatives and / or variations of such words and phrases, or state that certain actions, events or […]

Click here to view original web page at www.marketscreener.com

AuKing Mining Ltd (ASX:AKN) has added a series of Tanzanian uranium and copper prospects to its portfolio, building its exposure to critical mineral and nuclear energy assets.

The explorer has just dotted the I’s and crossed the T’s on an acquisition that brings four uranium and two copper projects into the fold, with work on the key Manyoni and Mkuju projects to kick off immediately.

In October last year, AuKing flagged its intention to acquire 92 U for A$6 million, picking up its uranium and copper portfolio along the way.

Fast forward to today and AuKing has dispatched 60 million shares and 30 million options — exercisable at 20 cents before September 30, 2025 — to seal the deal.The company will also award 5 million new shares and 10 million options to Vert Capital, which introduced the company to the Tanzanian assets.Completion of this acquisition has seen AKN shares as much as […]

Click here to view original web page at www.proactiveinvestors.com.au

With uranium demand increasing, supply falling short, and new sanction threats against Russian supply being called for, 2023 should see another strong year for uranium pricing.

-Spot uranium market back in action
-Rosatom sparking renewed calls for sanctions
-Supply not keeping up with demand

After a slow start to the New Year, the spot uranium market reversed course last week with several transactions closing and investors returning to the uranium sector, industry consultant TradeTech reports.TradeTech’s weekly spot price indicator rose by US$1.70 to US$50.50/lb. The indicator is up 4% in the last week, 3% since the beginning of the year, and 17% from one year ago. Ongoing Sanction Threat The nuclear fuel market is bifurcating, suggested Dustin Garrow, an expert with over 40 years of experience in the nuclear fuel cycle business including uranium production, marketing, and sales, at a webinar hosted by Canaccord Genuity last week.Garrow cited 2022 […]

Click here to view original web page at www.fnarena.com

• Road Completed, Camp Build Nearing Completion

• Drill & Crew Mobilization Underway

• Drilling to Commence This Weekend

VANCOUVER, British Columbia, Jan. 26, 2023 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF) , is pleased to provide an update on mobilization for the East Preston winter program in the Athabasca Basin, Saskatchewan, Canada (the “ East Preston Project ”).The Company is conducting an extensive drill program for the winter of 2023, as last reported in a news release dated December 13 th , 2022. Terralogic Exploration Inc. (“ TerraLogic ”) will facilitate and execute the program under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P. Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic. The program will consist of up to 5,000 meters of drilling in 20+ diamond drill holes. The priority […]

Click here to view original web page at www.jwnenergy.com

Vancouver, BC, Jan. 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt”) is pleased to provide an update on mobilization for the East Preston winter program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Project Location – Western Athabasca Basin, Saskatchewan, Canada:
https://www.skyharbourltd.com/_resources/maps/Sky_EastPreston_20211209.jpg

Azincourt is conducting an extensive drill program for the winter of 2023, as last reported in a news release dated December 13 th , 2022. TerraLogic Exploration Inc. (“TerraLogic”) will facilitate and execute the program under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P. Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic. The program will consist of up to 5,000 metres of drilling in 20+ diamond drill holes. The priority will be to continue to evaluate […]

Click here to view original web page at vietreader.com

Just because a business does not make any money, does not mean that the stock will go down. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

So, the natural question for Elevate Uranium ( ASX:EL8 ) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. First, we’ll determine its cash runway by comparing its cash burn with its cash reserves. When Might Elevate Uranium Run Out Of Money?

You can calculate a company’s cash runway by dividing the amount of cash it […]

Click here to view original web page at www.yahoo.com

Press Release

Uranium Mining Market In 2023 : Chemical Industry Global Analysis By Size, Trends, Growth, Share, Key Players, Mergers, Competitive Landscape and Opportunity Forecast 2029 with Fastest Growing Regions and Countries Data

The MarketWatch News Department was not involved in the creation of this content.

Jan 30, 2023 (The Expresswire) — The “ Uranium Mining Market ” Research 2023 provides deep insights into prosperous growth opportunities, trends, and challenges. It highlights current and futuristic market scenarios, specific growth patterns, and business development plans for the top manufacturers. Uranium Mining market report focuses on the supply-demand scenario, import-export status, and production and consumption demand with respect to all industry segments. Furthermore, the report covers geographical segmentations and upcoming marketing strategies followed by top key players. It also covers new techniques, investments plan, and qualitative research for the forecast period. Uranium Mining Market Insights 2023 – Size, segment […]

Click here to view original web page at www.marketwatch.com

Okapi Resources has engaged BRS Engineering to spearhead a technical study into its Maybell uranium project in Colorado which historically produced 5.3 million pounds of uranium. The company’s recent land grab at the project comes laden with key geological data and technical reports. Okapi has entrusted the US-based consultancy to sift through the valuable data as it looks to unlock the potential of the Maybell uranium project. Okapi Resources is fast tracking its assessment of the exploration potential at its Maybell uranium project in Colarado engaging US based consultancy to conduct a technical review of the project. Credit: File Okapi Resources has engaged BRS Engineering to spearhead a technical study into its Maybell uranium project in Colorado.

The Maybell uranium project lies 5 kilometres east of Maybell and 40 kilometres west of Craig in Moffat County, Colorado. The project is nestled in a rural area that is notable for past […]

Click here to view original web page at www.businessnews.com.au

share

50m capped stock Toro Energy is leading a pack of ASX uranium stocks up in early trade today

Alma Metals hits monster 441.5m intersection at 0.21% copper from just 8m depth

A successful legal claim in Ghana will see $8m capped Viking Mines receive ~$4m from purchasers of Akoase gold project Here are the biggest small cap resources winners in early trade, Monday January 30. (Up on no news) If you believe the hype, uranium’s renaissance is imminent. The 2023 forecast reduction 4-5 mln lb of #uranium production guidance by $kap is huge in context of global production of ~120 mln lbs. Toss in sky high SWU pricing and overfeeding and we got a very serious shortage in the world. I think we see $90’s/lb this year. — Kevin Bambrough (@BambroughKevin) January 27, 2023 $50m capped stock TOE is leading a pack of ASX […]

Click here to view original web page at stockhead.com.au

Tim Gabruch, Chief Executive Officer commented: "On behalf of the Board and the entire team at IsoEnergy, I am very pleased to welcome Darryl as Vice President, Exploration. IsoEnergy is at an exciting stage in its growth and development and Darryl’s vast experience in uranium exploration, and leading operating projects, will be of great benefit to IsoEnergy as it continues to advance its 100% owned high-grade Hurricane deposit while also undertaking exciting exploration programs on its portfolio of high-quality projects."

Darryl Clark has decades of global exploration and operating experience in the mining industry. Most recently, he served as General Manager of Suncor Energy’s Fort Hills JV. Through his career, Dr. Clark has held a wide range of executive roles across a number of metal and mineral sectors, with both junior and major mining companies. His experience consists of periods working in uranium, coal, copper, gold and oil sands. […]

Click here to view original web page at www.juniorminingnetwork.com

Gold stayed strong in the third week of the new year. Meanwhile, Justin Huhn of Uranium Insider shared his outlook for the uranium market in 2023, saying its "mania phase" is still ahead.

As the third week of the new year wraps up, gold’s momentum remains strong. After breaking the US$1,900 per ounce mark last week, the yellow metal has kept above that level, ending Friday (January 20) around US$1,925.

December’s producer price index (PPI) data was in the headlines this week , with a decline of 0.5 percent month-on-month and a year-on-year increase of 6.2 percent. The 0.5 percent fall was the largest since the start of the COVID-19.

The PPI looks at final demand prices across a wide variety of categories and is meant to measure inflation at the wholesale level. It’s different from the consumer price index, which measures changes in the prices consumers pay for goods […]

Click here to view original web page at investingnews.com

TORONTO, Jan. 26, 2023 /CNW/ – Horizons ETFs Management (Canada) Inc. (" Horizons ETFs ") is proud to announce that eight of its exchange-traded funds (" ETFs ") have been awarded Fundata FundGrade A+® Awards (" Fundata Awards ") for 2022: ETF Name Ticker CIFSC

Category¹ FundGrade
Start Date² Category

Size³ Horizons Equal Weight Canada REIT
Index ETF HCRE Real Estate Equity 2020-01-31 73 Horizons Global Uranium Index ETF HURA Alternative Equity Focused 2020-01-31 53 Horizons Equal Weight Canada BanksIndex ETF HEWB Financial Services Equity 2020-01-31 54 Horizons NASDAQ-100 ® Index ETF HXQ U.S. Equity 2017-01-31 836 Horizons S&P/TSX 60 TM Index ETF HXT Canadian Equity 2013-01-31 371 Horizons Active Cdn Dividend ETF HAL Canadian Dividend & Income Equity 2013-01-31 271 Horizons Active Global Dividend ETF HAZ Global Equity 2013-01-31 1146 Horizons Active Ultra-Short Term Investment Grade Bond ETF HFR Canadian Short Term Fixed Income 2013-01-31 162 […]

Click here to view original web page at finance.yahoo.com

TORONTO, Jan. 24, 2023 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“Consolidated Uranium” or the “Company”) (TSXV:CUR) (OTCQB: CURUF) and Virginia Energy Resources Inc. (TSXV: VUI) (“ Virginia Energy ”) are pleased to announce the completion of the previously announced arrangement (the “ Arrangement ”) whereby Consolidated Uranium has acquired all of the issued and outstanding common shares of Virginia Energy (the “ Virginia Energy Shares ”).

Pursuant to the Arrangement, Consolidated Uranium has acquired 100% of the issued and outstanding Virginia Energy Shares not already held by Consolidated Uranium and Virginia Energy shareholders, other than Consolidated Uranium, are entitled to receive 0.26 of a common share of Consolidated Uranium (each whole share, a “ Consolidated Uranium Share ”) in exchange for each Virginia Energy Share held immediately prior to closing of the Arrangement. In aggregate, the Company issued approximately 17,847,828 Consolidated Uranium Shares under the Arrangement to former Virginia Energy […]

Click here to view original web page at stockhouse.com

PLS Project Winter Drill Program Highlights 3 drill holes (300m) at each stockpile location

4 drill holes (300m) at the mill location

20 test pits for water table data and estimating boulder content for earthworks planning

5 drill holes (730m) on the R780E zone to confirm groundwater modelling Ross McElroy, President and CEO for Fission, commented, "With the superb results of our feasibility study now in hand, we will continue to develop our PLS uranium project at a strong, steady pace. As we move towards the Environmental Impact Statement, we will also be carrying out a number of work programs, including this new round of geotechnical drilling for the mine and mill facilities." Drill Program – Further Technical Details Stockpiles. Previous drill holes for the feasibility study ("FS") were drilled in the general area of the waste stockpiles to test suitability for waste storage. Now that the […]

Click here to view original web page at www.juniorminingnetwork.com

Vancouver, BC, Jan. 24, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that the Company has commenced its inaugural winter drill program at the 73,294 hectare Russell Lake Uranium Project (the “Project”) strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan. Skyharbour is planning a minimum of 10,000 metres of diamond drilling in 18 to 20 drill holes over several phases and is fully funded and permitted for the drilling. The geologists and drilling crews are working out of an exploration camp on the Project located on the highway and within five kilometres of Denison Mines’ Phoenix deposit located on the adjacent Wheeler River Project.

Russell Lake Project Location Map:

Jordan Trimble, President and CEO of Skyharbour, stated: “The commencement of our first diamond drill program at […]

Click here to view original web page at www.juniorminingnetwork.com

Article content

CALGARY, Alberta, Jan. 26, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “ Company ” or “ Traction ”) has received a request from OTC Markets Group Inc. (“ OTC Markets ”) to issue a statement about recent promotional activity concerning the Company and its common shares (the “ Common Shares ”), including the distribution of promotional newsletter emails published by Future Money Trends, LLC, Lion Capital Investment Limited, MIC Market Information & Content Publishing GmbH and Tamarack Advisors, and their respective affiliates (collectively, the “ Advertisers ” and each an “ Advertiser ”) discussing the Company, its business, and the uranium industry in general (the “ Materials ”). The Company believes the recent promotional activities commenced on or about January 16, 2023, and notes that the anticipated commencement of such activities was within the Company’s knowledge and disclosed in a […]

Click here to view original web page at financialpost.com

viewWestern Uranium & Vanadium Corp. Nuclear energy is positioned as a key component in the worldwide push to reduce carbon emissions. Nuclear reactors, after all, generate power through heat released by fission, which is used to create steam that spins a turbine to generate electricity without the harmful emissions associated with fossil fuels.

Uranium demand to fuel the world’s nuclear reactors is expected to rise to 79,400 metric tonnes of elemental uranium (MTU) by 2030, up from 62,500 MTU in 2021, with that number anticipated to climb to 112,300 MTU in 2040, according to a report by the World Nuclear Association.

Colorado-based Western Uranium & Vanadium ( Western Uranium & Vanadium Corp. (CSE:WUC, OTCQX:WSTRF) ) is a mining company focused on low-cost, near-term production of uranium and vanadium in the western United States. The company has a large production-ready, permitted and developed high-grade uranium and vanadium resource, which includes the Sunday […]

Click here to view original web page at www.proactiveinvestors.com

Skyharbour Resources Ltd Vancouver, BC, Jan. 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt”) is pleased to provide an update on mobilization for the East Preston winter program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Azincourt is conducting an extensive drill program for the winter of 2023, as last reported in a news release dated December 13 th , 2022. TerraLogic Exploration Inc. (“TerraLogic”) will facilitate and execute the program under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P. Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic. The program will consist of up to 5,000 metres of drilling in 20+ diamond drill holes. The priority will be to continue to evaluate the alteration zones and elevated uranium identified […]

Click here to view original web page at finance.yahoo.com

Just because a business does not make any money, does not mean that the stock will go down. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

So, the natural question for Elevate Uranium ( ASX:EL8 ) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. First, we’ll determine its cash runway by comparing its cash burn with its cash reserves. When Might Elevate Uranium Run Out Of Money?

You can calculate a company’s cash runway by dividing the amount of cash it […]

Click here to view original web page at finance.yahoo.com

Vancouver, BC, Jan. 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt”) is pleased to provide an update on mobilization for the East Preston winter program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Project Location – Western Athabasca Basin, Saskatchewan, Canada:
https://www.skyharbourltd.com/_resources/maps/Sky_EastPreston_20211209.jpg

Azincourt is conducting an extensive drill program for the winter of 2023, as last reported in a news release dated December 13 th , 2022. TerraLogic Exploration Inc. (“TerraLogic”) will facilitate and execute the program under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P. Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic. The program will consist of up to 5,000 metres of drilling in 20+ diamond drill holes. The priority will be to continue to evaluate […]

Click here to view original web page at vietreader.com

Rosatom, Russia’s state-owned nuclear conglomerate, has been working to supply Russia’s military with components, technology, and raw materials for missiles, according to The Washington Post. The materials were sent to weapons makers that sell to Russia’s military, and presumably some of those missiles have been deployed in Russia’s war against Ukraine.

While this news is not surprising in general terms, the key business implication is that it may prompt the U.S. to place sanctions on Rosatom. Since Rosatom exports uranium to the U.S. and the European Union (EU) for use in commercial nuclear reactors — indeed, it supplied 14% of the U.S.’s uranium needs in 2021 — major uranium buyers may be forced to purchase uranium from other sources. This in turn could put upward pressure on spot uranium prices and ultimately help small uranium miners in the U.S. and Canada.

Any sanctions that the U.S. or the EU would impose […]

Click here to view original web page at thedeepdive.ca

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

KELOWNA, BC, Jan. 26, 2023 /CNW/ – FISSION URANIUM CORP. (" Fission " or " the Company ") is pleased to announce a winter program at its’ 100% owned PLS property in Canada’s Athabasca Basin region. The program will include geotechnical testing of key areas identified for surface infrastructure as identified in the Feasibility Study, including proposed stockpiles and mill locations. Also, 5 drill holes are designed to confirm groundwater modelling of certain sections of the R780E zone. Additionally, the company has staked a new, 11,148-hectare property in the western Athabasca Basin region of northern Saskatchewan. The West Cluff property is prospective for high-grade uranium and is located ~75km north of the Company’s flagship PLS project, and less than 3km west of the past-producing Cluff Lake mine.

PLS Project Winter Drill Program Highlights 3 drill holes (300m) at each stockpile […]

Click here to view original web page at www.einnews.com

CALGARY, Alberta, Jan. 26, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “ Company ” or “ Traction ”) has received a request from OTC Markets Group Inc. (“ OTC Markets ”) to issue a statement about recent promotional activity concerning the Company and its common shares (the “ Common Shares ”), including the distribution of promotional newsletter emails published by Future Money Trends, LLC, Lion Capital Investment Limited, MIC Market Information & Content Publishing GmbH and Tamarack Advisors, and their respective affiliates (collectively, the “ Advertisers ” and each an “ Advertiser ”) discussing the Company, its business, and the uranium industry in general (the “ Materials ”). The Company believes the recent promotional activities commenced on or about January 16, 2023, and notes that the anticipated commencement of such activities was within the Company’s knowledge and disclosed in a news release […]

Click here to view original web page at www.globenewswire.com