Delta Uranium Signs Option to Acquire 60% Interest in the Deer Lake Basin Uranium Project, Western Newfoundland

Delta Uranium Inc. announce that it has entered into an option agreement with Spruce Ridge Resources Ltd. pursuant to which Delta has been granted the option to acquire a undivided 60% ownership interest in the Deer Lake Basin Uranium Project. Upon completion of the option, Delta will enter into a joint venture agreement with Spruce Ridge for the remaining 40% interest. Deer Lake Basin Uranium Project The... 

Tag: subsidiaries east resources, gold royalties companies, santana diamonds inc

A$17.8 Million Recommended Takeover Offer by Paladin Energy Ltd for Fusion Resources Limited

Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,... 

Tag: petrodome energy llc

Solex Reports Complete Drill Results at the Sayana Central Target, Macusani East Uranium Project, Peru

Solex Resources Corp. announced the complete drill results from the Sayana Central near-surface uranium target at the Macusani East Project in Peru. The Macusani East Project is joint-ventured with Eldorado and contains 53 known uranium anomalies across 43,320 hectares. In total, 86 holes for an aggregate 8,172 metres were drilled on the Sayana Central target during 2007 and 2008; 66 holes were drilled... 

Tag: 43 101 alain vachon, solex australia mining

Solex Resources Corp. completes initial drilling program and continues metallurgical testing at Macusani South project

Solex Resources Corp. announced that it has completed the first phase of drilling on its 100% owned Macusani South project in the Macusani uranium district of south-eastern Peru. In addition, column leach metallurgical testing has started at Solex’s mobile metallurgical laboratory following receipt of all required permits. Drilling Programme Diamond drilling commenced at the Macusani... 

Tag: solex mining

Paladin Energy Ltd: Angela/Pamela Exploration Licence Granted to Cameco/Paladin Joint Venture

Paladin Energy Ltd announce that Exploration Licence 25758, which contains the Angela Uranium Deposit, has been granted by the Northern Territory Government to the Cameco/Paladin 50:50 Joint Venture. Cameco Australia Pty Ltd is manager of the exploration stage of this joint venture. Cameco’s announcement may be found at: www.cameco.com This Angela/Pamela Joint Venture further strengthens Paladin’s... 

Monroe Minerals Agrees to Enter Option Agreement With Ucore for Newfoundland Lost Pond Uranium and REE Projects

Monroe Minerals Inc. announced today that it has agreed to enter into an option agreement with Ucore Uranium Inc. allowing Monroe to earn a 50% interest in the Lost Pond uranium and rare earth elements property, located in western Newfoundland, Canada. The transaction is subject to contract and to regulatory approval. Monroe President and CEO Derek Moran commented: “We are pleased to expand our... 

Puget Ventures Inc. and Benton Resources Corp. Sign Letter of Intent for Werner Lake-Rex Lake Area Claims

Puget Ventures Inc. and Benton Resources Corp. announced that they have entered into a Letter of Intent for Puget Ventures to acquire an option to earn an initial 50% interest and a further 10% interest in Benton’s interest in eight claims in the Werner Lake-Rex Lake area in North Western Ontario. Benton has the right to earn a 100% interest in the eight claims from the underlying owner, subject... 

Cameco Reports Update on Dewatering at Cigar Lake

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 officer. “An inflow at this rate is... 

Solex Resources Corp. announces drilling on Macusani South Project underway

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 at least 30 metres, or to a depth determined by downhole probing. At least... 

Tag: representante solex, macusani east uranium project solex resources

Ivanhoe Australia Completes A$125 Million IPO

Ivanhoe Mines Executive Chairman Robert Friedland today announced the successful completion of subsidiary Ivanhoe Australia’s A$125 million initial public offering. Ivanhoe Australia, which remains 80%-owned by Canada-based parent Ivanhoe Mines, will begin trading on the Australian Stock Exchange tomorrow (August 6) under the symbol IVA. The Ivanhoe Australia IPO, which closed August 1, sold...