Zadar Ventures Signs Option Agreement with Canterra Minerals to Option Five Uranium Projects

Zadar Ventures Ltd. (TSXV:ZAD) announced that it has entered into an agreement with Canterra Minerals Corporation, where Zadar has the option to purchase all of the Canterra/Triex interests in five uranium projects.

As quoted in the press release:

Four of the projects (Pasfield Lake, Stony Road, Riverlake, Highrock) lie in the eastern Athabasca Basin, which has proven to be the most prolific and productive area, to date, for uranium mines and discoveries (Figure 1). This area contains the Key Lake, McArthur River, Cigar Lake and Millenium uranium mines as well as the Roughrider uranium deposit discovered by Hathor Exploration Ltd. and sold to Rio Tinto for $654 million in 2012.

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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