Nuinsco and Coventry Agree to Extend Closing of Cameron Lake Sale

Nuinsco Resources Limited announced that it has agreed with Coventry Resources Limited (“Coventry”) (ASX:CVY – News) to extend the closing date for its sale of the Cameron Lake Gold Project. The Binding Heads of Agreement between Nuinsco and Coventry has also been amended to provide that the parties shall enter into the definitive Sale and Purchase Agreement upon closing. The parties... 

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CanAlaska Uranium commences winter drilling program at the Cree East project

CanAlaska Uranium Ltd. announce that the Company has commenced exploration on its Cree East uranium project in the Athabasca Basin, Saskatchewan, Canada. The Cree East project is funded under a joint venture with the Company’s Korean strategic partners, comprising Hanwha Corporation, Korea Electric Power Corp., Korea Resources Corp. and SK Energy Co, Ltd. The Company recently received Cdn$4.12... 

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North Atlantic to Commence Trading on TSX Venture Exchange

North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading... 

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Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company... 

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Powertech Submits BLM Application Dewey-Burdock Project

Powertech Uranium Corp. announce that it has submitted the required Plan of Operation to the U.S. Department of Interior’s Bureau of Land Management (BLM) for its Dewey-Burdock uranium in situ project. The project, which is located in Fall River and Custer Counties, South Dakota (SD), consists of 10,580 surface and mineral acres controlled by the Company through active mining leases, purchases... 

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Vena Resources Provides Update on Uranium Discovery and Drilling and Announces Private Placement

Vena Resources Inc. announce that as the drill permitting process is in the final stages, Minergia Resources SAC, a company jointly owned by Vena and Cameco Corp., expects drilling to commence mid-November on the Macusani uranium project located in Peru’s southeastern Puno Department. The total program encompasses 11,000 meters of drilling in 71 drill holes and the first phase of this year’s... 

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Kirrin Resources Announces Drill Start-Up at Boxey Point Uranium Project

Kirrin Resources Inc. announced that field activities for the 2009 exploration program at the Boxey Point uranium project will commence on or about November 1, 2009. All supplies and equipment are expected in-place within 48 hours thereafter and drilling is scheduled to commence on November 3, 2009. The Boxey Point project is located on the south coast of Newfoundland. The Boxey Point program follows-up... 

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Pacific Bay Options Argentina Uranium Property to UrAmerica

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has optioned its 100% owned “Cerro Solo” claims in Chubut Province, Argentina (the “Property”), to UrAmerica Ltd., a private company focused on uranium discovery in Latin America. Under the option agreement, UrAmerica can earn a 60% interest in the Property by incurring USD$1,200,000 in exploration... 

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Forsys Prepares for Upgraded Resource / Reserve At Valencia

Forsys Metals Corp, an emerging uranium producer with 100% ownership in the fully permitted Valencia Uranium Project report that the 2009 infill and deposit expansion drill program has been completed at the Company’s wholly-owned Valencia Uranium Deposit located in Namibia, Africa. Results for the 200 percussion drill holes comprising 49,562 m are being compiled. The Company expects that as a... 

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Quaterra Announces Exercise of 1.6 Million Non-Transferrable Common Purchase Warrants

Quaterra Resources Inc. announced that the TSX Venture Exchange has approved the transaction to exercise 1.6 million non-transferable common share purchase warrants (the “Warrants”) of the Company of the 1,741,250 Warrants that were eligible to be exercised. In accordance with this issuance, this transaction has financed the Company with USD $960,000 and the Company now has 99,131,298 shares... 

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