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

Get Bullfrog Gold alerts:

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 […]

Analysts Mean recommendation for Uranium Energy Corp. (UEC) was 1.70: Is this the key time?

Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $1.71 to be very precise. The Stock rose vividly during the last session to $1.93 after opening rate of $1.92 while the lowest price it went was recorded $1.68 before closing at $1.93.

Recently in News on January 11, 2021, Unit4 Names John Gregitis as New North America President. – Former Adobe and Infor Veteran Brings Extensive Experience in Scaling High Growth Enterprise Organizations. You can read further details here

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on…Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets […]

Energy Fuels Inc. CEO Discusses Newly Released Sustainability Report and Entry Into Rare Earths Production for 2021

NEW YORK, Jan. 13, 2021 (GLOBE NEWSWIRE) — via NetworkNewsAudio — Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) today announces that its President and CEO, Mark Chalmers, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Chalmers discussed Energy Fuel’s very active 2020 despite the COVID-19 pandemic and the company’s recently released Sustainability Report, as well as providing a bright outlook for 2021.

Chalmers said Energy Fuels has been preparing to enter a new business in 2021 – the commercial production of rare earths.

“We are first and foremost a uranium producer, the largest producer of uranium in the United States. We also announced in April we’re entering the rare earth sector. We just recently announced that we secured a supply agreement with The Chemours Company for the purchase […]

Uranium Market Size 2021 By Analysis, Manufacturers, Regions, Type and Application, and Forecasts to 2027

Uranium Market Size 2021 By Analysis, Manufacturers, Regions, Type and Application, and Forecasts to 2027

Fort Collins, Colorado – Report on Uranium Market effectively provides key characteristics of the global investment market, population analysis, companies planning mergers and acquisitions, and concerned or new vendors in the review of research institutes reputable global markets. The Uranium Report by QY Research describes the comprehensive market study covering overview, production, manufacturers, dimensions, revenue, price, consumption, growth rate, sales, import, sourcing, export, future plans and technological advancement for the detailed study of the Uranium Market. Although it allows inexpensive reports readily available, tailor-made research by a team of experts. This report primarily focuses on the consumer and retail sectors.

Download Exclusive Sample PDF along with few company profiles @ https://reportsglobe.com/download-sample/?rid=75501

The Uranium Market report comprises various chapters listing the participants which are playing a significant role in the global Uranium Market growth. This section of the report displays the statistics of major players in the international market, including […]

Why Uranium Energy Corp. (UEC)’s Most Recent Report Reveals Some Hints About Its Future

Why Uranium Energy Corp. (UEC)’s Most Recent Report Reveals Some Hints About Its Future

Uranium Energy Corp. (AMEX:UEC) went down by -11.40% from its latest closing price compared to the recent 1-year high of $2.17. The company’s stock price has collected -7.07% of loss in the last five trading sessions. Press Release reported on 12/22/20 that (PR) United States Congress Provides Funding to Establish the U.S. Uranium Reserve and a Legislative Backstop for Recently Extended Russian Uranium Import Limits Is It Worth Investing in Uranium Energy Corp. (AMEX :UEC) Right Now?

Plus, the 36-month beta value for UEC is at 2.24. Opinions of the stock are interesting as 4 analysts out of 4 who provided ratings for Uranium Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $2.23, which is $0.74 above the current price. UEC currently public float of 184.82M and currently […]

Global uranium resources sufficient for the foreseeable future

Global uranium resources sufficient for the foreseeable future

Image: Gerd Altmann©Pixabay.com Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy for low-carbon electricity generation as well as for other uses such as industrial heat applications and hydrogen production.

However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies.

Timely investment in innovative mining and processing techniques would help assure that uranium resources are brought to market when they are needed.

Read more about uranium These are among the main findings of the latest edition of Uranium – Resources, Production and Demand , also known as the ‘Red Book’, an essential global reference prepared jointly by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA).The Red Book presents the most recent review of uranium market fundamentals, based in large part on official government information, and offers a statistical […]

Resources Top 5: Investors eye ‘value’ stocks as gold, hydrogen, lithium, and uranium bull markets loom

Resources Top 5: Investors eye ‘value’ stocks as gold, hydrogen, lithium, and uranium bull markets loom

share

Citigold has been trying to get mammoth 14moz Charter Towers gold project developed for decades

Sleepy $40m Chinese explorer Energy Metals has uranium projects in the Northern Territory and WA

Hexagon Energy Materials announced intention to buy NT hydrogen play Ebony Energy in December Here’s your top ASX small cap resources winners in morning trade Tuesday, January 12. CITIGOLD CORP (ASX:CTO) Citigold has been trying to get the mammoth high grade Charter Towers gold project in Queensland up and running for decades, to no avail.In December 2011, the minnow had 330,000oz of gold in reserve (high confidence) and 10 million ounces in resource (lower confidence).In January 2020, it has 620,000oz in reserve (at a lower ore grade) and 14 million ounces in resource.Which is massive, but not much has changed from a development perspective. The consensus is that uranium is due to boom, and […]

Report: World’s uranium resources enough for the foreseeable future

Report: World’s uranium resources enough for the foreseeable future

Image: Gerd Altmann©Pixabay.com Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy for low-carbon electricity generation as well as for other uses such as industrial heat applications and hydrogen production.

However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies.

Timely investment in innovative mining and processing techniques would help assure that uranium resources are brought to market when they are needed.

These are among the main findings of the latest edition of Uranium – Resources, Production and Demand , also known as the ‘Red Book’, an essential global reference prepared jointly by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA).The Red Book presents the most recent review of uranium market fundamentals, based in large part on official government information, and offers a statistical profile of the global uranium […]

Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at December 31, 2020

Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at December 31, 2020

View PDF Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at December 31, 2020 (CNW Group/Uranium Participation Corporation) On the last trading day of December 2020, the common shares of UPC closed on the TSX at a value of CAD$4.91, which represents a 0.41% discount to the net asset value of CAD$4.93 per share.

On April 14, 2020, UPC announced that it had received approval from the TSX to acquire for cancellation, by way of a normal course issuer bid (‘NCIB’), up to 12,301,750 common shares of the Corporation, during the period from April 16, 2020 to April 15, 2021. During the month of December 2020, the Corporation repurchased 616,860 shares under the NCIB.

In addition, during the month of December 2020, the Corporation completed a transaction to sell the conversion component contained in 100,000 KgU as UF 6 for 261,285 pounds of U 3 O 8 and […]

Uranium Energy (NYSEAMERICAN:UEC) Price Target Lowered to $3.30 at HC Wainwright

Uranium Energy (NYSEAMERICAN:UEC) Price Target Lowered to $3.30 at HC Wainwright

Uranium Energy Corp. logo Uranium Energy (NYSEAMERICAN:UEC) had its price target cut by HC Wainwright from $3.50 to $3.30 in a research report released on Thursday morning, Anlyst Ratings reports. They currently have a buy rating on the basic materials company’s stock.

Several other research firms have also weighed in on UEC. Roth Capital restated a buy rating and set a $2.40 target price (down previously from $2.90) on shares of Uranium Energy in a report on Thursday, November 12th. BidaskClub upgraded shares of Uranium Energy from a buy rating to a strong-buy rating in a report on Wednesday, December 30th. Finally, Canaccord Genuity began coverage on shares of Uranium Energy in a report on Wednesday, October 14th. They set a buy rating and a $1.50 target price on the stock. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has […]

Fund manager tips 2 booming ASX miners for 2021 uranium bull market

Fund manager tips 2 booming ASX miners for 2021 uranium bull market

ASX uranium shares are once again becoming a hot topic. Somewhat ironically, investing in uranium miners is controversial in Australia. I say that because Australia is believed to have the world’s largest uranium resources. At least for resources that are recoverable at a reasonable cost. Yet with no nuclear power generation of its own, and no nuclear-powered naval vessels, many Aussie investors view uranium as a dangerous energy source best relegated to the last century.

Now there are good reasons to be cautious around uranium. It can, after all, be enriched for use in nuclear missiles. And the waste remains radioactive for many centuries.

On the flipside, however, uranium produces power without any carbon emissions. And in a world intent on de-carbonising without turning off the power, some analysts are forecasting a fresh bull run for uranium. The case for a 2021 uranium bull market

Ben Cleary is a portfolio manager […]

Australia down to two uranium mines after ERA confirms Ranger mine’s production halt

Australia down to two uranium mines after ERA confirms Ranger mine’s production halt

Yellow cake or uranium concentrate is in a supply squeeze as mine production shuts down. Image: Getty share

Ranger uranium mine’s operator ERA has confirmed it has halted processing operations

BHP’s Olympic Dam and Quasar Resources’ Four Mile are Australia’s only operating uranium mines

ASX uranium explorers poised to benefit from Ranger’s closure The uranium market’s supply side tightened by another notch this week with Energy Resources of Australia (ASX:ERA) , a Rio Tinto subsidiary, halting uranium oxide processing at its Ranger mine site on Friday.The move at Ranger is in line with the mine’s planned gradual winding down of production over the past several years as it heads towards a permanent closure .“Uranium oxide processing at Ranger concludes today, January 8, as required by the Ranger Authority,” said ERA in an ASX statement.The company said it had enough stockpiled ore on its run-of-mine pad to support processing up […]

Standard Uranium Commences Trading on the OTCQB Venture Market and Announces Grant of Stock Options

Standard Uranium Commences Trading on the OTCQB Venture Market and Announces Grant of Stock Options

VANCOUVER, British Columbia, Jan. 06, 2021 — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce that it has received approval from the OTC Market Group Inc. to commence trading on the OTCQB Venture Market under the ticker symbol “STTDF” at the opening of the trading day on January 6, 2021. Standard Uranium’s shares will continue to trade on the TSX Venture Exchange.

The OTCQB offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

“Standard Uranium is excited to be listing on the OTCQB Venture Market. We believe a secondary listing on this market will provide the […]

Skyharbour Expands Maverick East Zone with Additional High Grade Uranium Discovered in the ...

Skyharbour Expands Maverick East Zone with Additional High Grade Uranium Discovered in the …

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% U3O8 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% U3O8 over 17.9 metres and contained a basal high grade basement intercept of 1.09% U3O8 over 2.5 metres. Up to 2.3% Cu was intersected in clay-altered lithologies nearly 100 metres below the unconformity in […]