Forum Uranium Corp Intersects Grades of up to 1.80% U3O8 at Otis West

Forum Uranium Corp. (TSXV:FDC) and joint venture partner NexGen Energy Ltd. announced drill results from Otis West.

As quoted in the press release:

24.5 metres grading 0.21% U3O8, including 1.80% U3O8 over 0.5 metres
Mineralization in 5 holes from two drill fences at 50 metre spacing
Mineralization remains open to the east along an unconformity offset

To view the whole press release, click here. 

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Peninsula Energy

Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

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