Kivalliq Energy Corporation (TSXV:KIV) holds Canada’s highest-grade uranium resource outside of Saskatchewan, the 105,280 hectare Angilak Property in Nunavut Territory.
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September silver futures dropped 3.9 percent to hit $14.04 per ounce in Wednesday morning trading as gold fell for a third day in a row. Meanwhile, Canadian miners NexGen Energy, Seabridge Gold and Asiamet Resources released drill results.
Summer drilling has kicked off at the Athabasca Basin-based Preston property, now a 50/50 joint venture between Skyharbour Resources and Athabasca Nuclear.
Skyharbour Resources (TSXV:SYH) announced that the Western Athabasca Syndicate has begun its summer drill program at its Preston uranium property in the Athabasca Basin. The company also announced that upon completion of the drill program, Skyharbour and Athabasca Nuclear will form a 50/50 joint venture on the project.
Fission Uranium (TSX:FCU) announced results from 10 more holes of the 20,000 meter summer drill program at its PLS property in the Athabasca Basin.
Mercenary Geologist Mickey Fulp discusses the uranium market and lists his three favorite stocks.
All five holes returned substantial mineralization with significant step outs at the Arrow zone.
NexGen Energy Ltd (TSXV:NXE) announced radioactivity results from its ongoing summer drilling program at its Rook I property in the Athabasca Basin.
Fission 3.0 Corp. (TSXV:FUU) and its joint venture partner Canex Energy Corp. (TSXV:CSC), announced the results from the first three drill holes at its Clearwater West property in the Athabasca Basin.
Denison Mines plans to sell its interest in the Gurvan Saihan joint venture in Mongolia to Uranium Industry, a Czech company.
Denison Mines Corp. (TSX:DML,NYSEMKT:DNN) announced the completion of the definitive drilling of the summer exploration program at the Gryphon Zone at its Wheeler River property. The company also reported the discover of uranium mineralization at the Murphy Lake property.
Denison Mines Corp (TSX:DML,NYSEMKT:DNN) and Fission Uranium Corp. (TSX:FCU) announced that they have entered into a definitive arrangement agreement, which replaces the previously announced binding letter agreement. The arrangement will see the two company’s combine by way of a court-approved plan.
Skyharbour Resources Ltd. (TSXV:SYH) provided an update on its fully funded summer exploration programs. The company also announced that the government of Saskatchewan has granted regulatory relief to the company with respect to its four drill-ready uranium projects in northern Saskatchewan.
Last week was a tough one for mining stocks, but Polaris Minerals, China Gold International, NovaGold Resources, Cameco and Altius Minerals saw gains.
Alpha Exploration Inc. (TSXV:AEX) and Lakeland Resources Inc. (TSXV:LK) announced the terms of a proposed transaction that will see the two companies merge to form a consolidated, well-financed uranium exploration company.
Skyharbour Resources (TSXV:SYH) announced the assay results from the winter/summer drill program at its Falcon Point uranium and thorium project, which intersected 0.172 percent U3O8 and 0.112 percent ThO2 over 2.5 meters.
Brazil Resources has entered into a definitive agreement with Kiska Metals to acquire its Whistler gold-copper project in Alaska. The project also includes 304 State of Alaska mineral claims, a 50-person all-season exploration camp, an airstrip and an assortment of equipment.
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