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 […]

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• 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 […]

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HALIFAX, NS, Jan. 23, 2023 /CNW/ – Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from a prospecting program completed in Fall 2022 on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

Analytical results from surface rock samples have been received from the laboratory which include highlights of: 8.82% U 3 O 8 from a boulder sample on the Armbruster Corridor providing compelling support for the presence of high-grade, basement-hosted uranium mineralization on the Project.

6.90% U 3 O 8 and 1.69% U 3 O 8 from outcrop samples along the Armbruster Corridor, which validated historical uranium occurrences.

An additional nine (9) outcrop samples which assayed between 0.1% and 0.8% U 3 O 8 from the Armbruster, Howland and Pitchvein Corridors, validating historical uranium occurrences. A summary of the […]

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Joan Scottie, Warren Bernauer and Jack Hicks, I Will Live for Both of Us: A History of Colonialism, Uranium Mining, and Inuit Resistance (University of Manitoba Press 2022), 264pp. The story of an Inuit woman’s organisation of opposition to colonial expropriation is an inspiring narrative of resistance, finds John Clarke

I Will Live for Both of Us depicts the colonial relationship between the Inuit people and the Canadian state and shows how the latter serves the extractive industries. The process of dispossession, however, is shown from the perspective of those who have faced it. We see the harsh measures that were imposed on the Inuit along with the manipulative methods of governments and mining companies. Sadly, we also witness the mechanisms of collaboration within the oppressed population.

At the outset, we are informed that ‘My Christian name is Joan, but Paningaya’naaq is the name I was given when I was […]

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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 […]

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Saskatchewan, including 15 years in mining. Much of that experience was gained working for uranium producer, Cameco, where he held positions in environmental management and regulatory affairs at Cigar Lake mine during construction and operation. He holds a license to practice engineering in Saskatchewan and is also an applied science technologist.

In this important role, Mr. Pryznyk will lead Fission’s Environmental Assessment process, the submission of the Environmental Impact Statement, and the subsequent licensing and permitting of the project through to construction and production. He will also further expand Fission’s robust approach to sustainable development by establishing additional, long-term processes for environmental stewardship in sustainability, protection and compliance as the Company advances through development.

Gary Haywood, VP Operations for Fission, commented, "We are delighted to welcome Jeff Pryznyk to Fission. He has an invaluable skillset – the result of providing oversight for environmental and regulatory affairs at Cameco’s Cigar Lake […]

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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 […]

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TORONTO , Jan. 23, 2023 /CNW/ – Laramide Resources Ltd. (" Laramide " or the " Company ") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that its wholly owned subsidiary, NuFuels, Inc. has engaged SLR International Corporation ("SLR") of Denver, Colorado to complete an NI 43-101 Preliminary Economic Assessment ("PEA") on Laramide’s 100% owned Crownpoint/Churchrock Uranium Project in New Mexico ("Churchrock" or "The Project").

Laramide has commissioned the PEA Study to produce a current economic analysis based on the Mineral Resources at Churchrock with processing at the Crownpoint facilities. Parameters of the study include contribution from seven new drill hole results to confirm and validate previously reported drilling results and radiometric equilibrium used in the September 2017 Mineral Resource estimate. The PEA will focus on generating an in-situ recovery ("ISR") production schedule with several phases of expansion and a scoping level design for an ISR well field, […]

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Longtime uranium entrepreneur George Glasier is back in business with a fresh proposal to develop a mine and mill in Utah’s Emery County. The projects would use new and efficient technologies for extracting ore from the ground and separating out the uranium and vanadium — systems that rely on water rather than the hazardous chemicals used in conventional processes.

But environmental activists are doubtful Glasier will secure necessary permits anytime soon, if ever.

A founder of Energy Fuels Inc., Glacier acquired some of that company’s properties to start a Canada-based company called Western Uranium & Vanadium Corp. in 2014.

In a news release issued Monday , Western unveiled its latest plans, saying it acquired land for the proposed mill with the support of state and local officials and initiated permitting processes. This mill would also be capable of processing cobalt, a critical element that is used in electric vehicles.“We’ve got probably the […]

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Vancouver, British Columbia–(Newsfile Corp. – January 25, 2023) – RUSH URANIUM CORP. (CSE: RSH) (" Rush " or the " Company ") is pleased to announce that it has closed its initial public offering (" IPO "), issuing 7,670,000 common shares of the Company (each, an " Offered Share ") at a price of $0.10 per Offered Share for total gross proceeds of $767,000. The IPO was conducted pursuant to the Company’s final prospectus dated December 13, 2022 (the " Prospectus "), which is available under the Company’s profile on SEDAR at www.sedar.com . The net proceeds from the IPO will be used by the Company as described in the Prospectus, including for exploration of the Company’s Boxi Property located in the Province of Québec.

The IPO was led by Echelon Wealth Partners Inc. (" Echelon ") as the sole agent and bookrunner. Echelon received a cash commission of $61,360, […]

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Vancouver, British Columbia–(Newsfile Corp. – January 25, 2023) – District Metals Corp.

DFPP ("District" or the "Company") is pleased to note that Swedish media has reported that a majority of the Swedish Parliament has resolved to allow for exploration and mining of uranium in Sweden. On January 19, 2023, The Liberals, a member of the current Swedish governing coalition, internally voted to support the lifting of the moratorium in place since 2018. A motion from the Moderate Party, to which Prime Minister Kristersson belongs, to remove the uranium mining moratorium in Sweden is expected to be voted on by the Swedish Parliament in March 2023.

Garrett Ainsworth, CEO of District, commented: "We are very pleased with the recent media reports out of Sweden that a majority by the newly formed government has reached a consensus to remove the moratorium on uranium mining. The implications related to this decision are […]

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share

Lincoln Minerals now up 825% since relisting on the ASX late last week

North American uranium play Okapi is entering the lucrative enrichment sector

Sky Metals uncovers thick, widespread REEs at deposits at Doradilla tin project in NSW Here are the biggest small cap resources winners in early trade, Wednesday January 25. (Up on no news) Another big +100% gain in early trade for this resurgent graphite hopeful, which is now up 825% since relisting on the ASX late last week.In 2022, LML received an unsolicited takeover offer from fellow South Australian project developer Quantum Graphite (ASX:QGL) .The initial all share offer (1 QGL share for every 40 LML Shares held) was rejected by the board and substantial shareholders in the company, but QGL yesterday extended its offer again for the third time.The potential takeover target now has a market cap of $42m — […]

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Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) ( " Skyharbour " or the " Company ") is pleased to announce that the TSX Venture Exchange (the "Exchange") has granted conditional acceptance for the option agreement (the "Option Agreement") previously entered with with Tisdale Clean Energy Corp. ("Tisdale"), an arms-length party, pursuant to which the Tisdale has been granted the right to acquire up to a 75% interest in the South Falcon East Property (the "Property"). The Property consists of a series of mineral claims totaling 12,770 hectares, located in the Athabasca Basin in Northern Saskatchewan.

Map of South Falcon East Project Claims:
https://skyharbourltd.com/_resources/images/South-East-Falcon-Map.png

Under the Option Agreement and assuming the 75% interest is earned, Tisdale will issue Skyharbour 1,111,111 Tisdale shares upfront, fund exploration expenditures totaling CAD $10,500,000, and pay Skyharbour CAD $11,100,000 in cash of which $6,500,000 can be settled […]

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Longtime uranium entrepreneur George Glasier is back in business with a fresh proposal to develop a mine and mill in Utah’s Emery County. The projects would use new and efficient technologies for extracting ore from the ground and separating out the uranium and vanadium — systems that rely on water rather than the hazardous chemicals used in conventional processes.

But environmental activists are doubtful Glasier will secure necessary permits anytime soon, if ever.

A founder of Energy Fuels Inc., Glacier acquired some of that company’s properties to start a Canada-based company called Western Uranium & Vanadium Corp. in 2014.

In a news release issued Monday , Western unveiled its latest plans, saying it acquired land for the proposed mill with the support of state and local officials and initiated permitting processes. This mill would also be capable of processing cobalt, a critical element that is used in electric vehicles.“We’ve got the probably […]

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

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 shareholders as consideration for their Virginia Energy Shares. Upon closing of the Arrangement, existing Consolidated Uranium and former Virginia Energy shareholders own approximately 81.96% and 18.04% of the issued and outstanding Consolidated Uranium Shares, respectively.

As a result of the Arrangement, Virginia Energy has become a wholly-owned subsidiary of Consolidated Uranium and the Virginia Energy Shares are anticipated to be de-listed from the TSX Venture Exchange […]

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Committed expenditure for Boss Energy’s South Australian redevelopment project has now reached $55.1 million. Emerging uranium producer Boss Energy (ASX: BOE) has announced it has reached the halfway mark in committed expenditure for the redevelopment of its flagship Honeymoon uranium project in South Australia.

The company today confirmed $55.1 million of the budgeted $105.4 million capex, excluding a $7.6 million contingency, has been committed for the project to date, putting the project on time and budget.

Honeymoon is fully funded through to production with Boss declaring it has $115.6 million in cash on hand and a strategic uranium stockpile valued at $88.3 million based on current spot prices.

“To reach the hallway mark on time and on budget at any project is an outstanding achievement, particularly given the current high-inflation environment shortages of skills and equipment,” Boss managing director Duncan Craib said.He said the company is now positioned to capitalise on the […]

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Skyharbour Resources Ltd 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.

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

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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 […]

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TORONTO, Jan. 24, 2023 – 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 shareholders as consideration for their Virginia Energy Shares. Upon closing […]

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Saskatchewan, including 15 years in mining. Much of that experience was gained working for uranium producer, Cameco, where he held positions in environmental management and regulatory affairs at Cigar Lake mine during construction and operation. He holds a license to practice engineering in Saskatchewan and is also an applied science technologist.

In this important role, Mr. Pryznyk will lead Fission’s Environmental Assessment process, the submission of the Environmental Impact Statement, and the subsequent licensing and permitting of the project through to construction and production. He will also further expand Fission’s robust approach to sustainable development by establishing additional, long-term processes for environmental stewardship in sustainability, protection and compliance as the Company advances through development.

Gary Haywood, VP Operations for Fission, commented, "We are delighted to welcome Jeff Pryznyk to Fission. He has an invaluable skillset – the result of providing oversight for environmental and regulatory affairs at Cameco’s Cigar Lake […]

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

Toronto, Ontario and Nucla, Colorado, Jan. 23, 2023 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) is pleased to announce that it has acquired property in the State of Utah to build a state-of-the-art mineral processing plant (the “Facility”). Site and Facility design, as well as permitting, has begun. The Facility will be designed and constructed to recover uranium, vanadium and cobalt from ore mined both from mines owned by Western and ore produced by other miners. Selecting and acquiring the processing site has taken over one year, as the site requires road, power and water infrastructure. The site was also selected based on the support of local municipal and county officials.

The Facility will utilize the latest processing technology, including Western’s patented Kinetic Separation process. These technology advancements will result in lower capital and processing costs. Mine development and ore production have already commenced […]

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Fortune Bay Corp. ( TSXV: FOR ) (FWB: 5QN) (OTCQX: FTBYF) (" Fortune Bay " or the "Company") is pleased to announce analytical results from a prospecting program completed in Fall 2022 on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

Analytical results from surface rock samples have been received from the laboratory which include highlights of: 8.82% U 3 O 8 from a boulder sample on the Armbruster Corridor providing compelling support for the presence of high-grade, basement-hosted uranium mineralization on the Project.

6.90% U 3 O 8 and 1.69% U 3 O 8 from outcrop samples along the Armbruster Corridor, which validated historical uranium occurrences.

An additional nine (9) outcrop samples which assayed between 0.1% and 0.8% U 3 O 8 from the Armbruster, Howland and Pitchvein Corridors, validating historical uranium occurrences. A summary of the […]

Click here to view original web page at investingnews.com

Laramide Resources Ltd. (" Laramide " or the " Company ") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that its wholly owned subsidiary, NuFuels, Inc. has engaged SLR International Corporation ("SLR") of Denver, Colorado to complete an NI 43-101 Preliminary Economic Assessment ("PEA") on Laramide’s 100% owned Crownpoint Churchrock Uranium Project in New Mexico ("Churchrock" or "The Project").

Laramide has commissioned the PEA Study to produce a current economic analysis based on the Mineral Resources at Churchrock with processing at the Crownpoint facilities. Parameters of the study include contribution from seven new drill hole results to confirm and validate previously reported drilling results and radiometric equilibrium used in the September 2017 Mineral Resource estimate. The PEA will focus on generating an in-situ recovery ("ISR") production schedule with several phases of expansion and a scoping level design for an ISR well field, eventual plant and supporting structure, as […]

Click here to view original web page at investingnews.com

TORONTO , Jan. 23, 2023 /CNW/ – Laramide Resources Ltd. (" Laramide " or the " Company ") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that its wholly owned subsidiary, NuFuels, Inc. has engaged SLR International Corporation ("SLR") of Denver, Colorado to complete an NI 43-101 Preliminary Economic Assessment ("PEA") on Laramide’s 100% owned Crownpoint/Churchrock Uranium Project in New Mexico ("Churchrock" or "The Project").

Laramide has commissioned the PEA Study to produce a current economic analysis based on the Mineral Resources at Churchrock with processing at the Crownpoint facilities. Parameters of the study include contribution from seven new drill hole results to confirm and validate previously reported drilling results and radiometric equilibrium used in the September 2017 Mineral Resource estimate. The PEA will focus on generating an in-situ recovery ("ISR") production schedule with several phases of expansion and a scoping level design for an ISR well field, […]

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The growth of nuclear energy will be a massive story over the next few decades.

The world is moving away from fossil fuels in a significant way, but there are a few problems with mothballing power plants that burn coal or natural gas. Greener versions of power — like wind turbines or solar projects — aren’t nearly as environmentally friendly as first advertised, thanks to current manufacturing practices. Besides, even after a decade of serious investment into renewables, wind and solar power make up just 10.7% of global power generation.

Nuclear energy solves many of these problems. Nuclear plants are long-life assets that can last decades longer than solar or wind farms. Fuel is abundant and is easily transported, thanks to its relatively close proximity to uranium production. Two significant risks — meltdown and nuclear waste — have significantly improved over time, especially after Fukushima in 2011. It’s still not foolproof, […]

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