Cameco Corporation reports that remediation work at the No.1 Shaft at its Cigar Lake uranium project was temporarily suspended today after an increase in the rate of water inflow to the mine was observed.
“Remediation and dewatering of the No. 1 Shaft had been progressing smoothly up to this point,” said Tim Gitzel, Cameco’s chief operating [...]
Polar Star Mining Corporation announces that it has acquired an additional 5% equity interest in the Chepica Mine by paying 150 million Chilean Pesos (approximately US$293,000). In addition, Polar Star has amended the Chepica Acquisition Agreement to enable the acquisition of the remaining 15% equity interest for 600 million Chilean Pesos (approximately US$1.2 million) on [...]
POWERTECH URANIUM CORP. announce that activities associated with its mine permit application for the Centennial Project, in Weld County, Colorado, are advancing on schedule.
A new ‘Notice of Intent’ (NOI) for ten additional drill holes was submitted to the Colorado Division of Reclamation, Mining and Safety (CDRMS). Four holes will be drilled as core holes [...]
Solex Resources Corp. announced that the Company has commenced drilling on its wholly owned Macusani South Project in the Macusani Uranium District of Southern Peru.
The drilling program at the Pichuni and Socclla targets will consist of a maximum of 80 diamond drill core holes (HQ diameter), from 20 drill pads, to a depth of [...]
Uranium Hunter Corporation announce that the geophysical interpretation of the aeromagnetic and radiometric surveys conducted over its Ruhuhu Prospect have delineated up to 8 outcropping zones of enhanced uranium activity.
The 1,100 line km of airborne radiometric and magnetic data acquired by airborne contractor NRG over the Ruhuhu Prospect was interpreted by GAP Geophysics of South [...]
Cameco Corporation announced today that it has completed the acquisition of a 70% interest in the Kintyre uranium exploration project in Western Australia for $346.5 million (US).
A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto for $495.0 million (US) through a bidding process. Cameco [...]
Golden Valley Mines Ltd. provide a program summary of results for the 2008 winter field program activities. The program on the Beartooth Island Prospect consisting of ground geophysical surveying and diamond drilling, was funded through the Company’s option/joint venture partner Ditem Explorations Inc..
Highlights from the drilling phase included: 1) anomalous uranium values above background [...]
Bayswater Uranium Corporation announce the start of the Phase 4 drilling program at the Company’s 100% owned Elkhorn Project in northeast Wyoming. The Phase 4 program is planned to include about 16,300 feet (4968 m) in 127 resource drill holes and 6500 feet (1981 m) in 37 exploration holes. The main objective of the drilling [...]
