• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Energy Market
    Energy News
    Energy Stocks
    • Energy Market
    • Energy News
    • Energy Stocks
    uranium investing

    ALX Uranium Corp. Announces the Passing of Benjamin Ainsworth

    Written by Shelly Kumar
    |
    Apr. 27, 2017 09:23AM PST

    ALX Uranium Corp. (“ALX” or the “Company)( TSXV:AL ; FSE:6LLN; OTC: ALXEF) announced today that our founding director, Benjamin (“Ben”) Ainsworth passed away peacefully on April 25th, 2017 at the age of 76. ALX wishes to extend our sincere condolences to his family, friends and his many business associates. “We at ALX, and our industry as …

    ALX Uranium Corp. (“ALX” or the “Company)( TSXV:AL ; FSE:6LLN; OTC: ALXEF) announced today that our founding director, Benjamin (“Ben”) Ainsworth passed away peacefully on April 25th, 2017 at the age of 76. ALX wishes to extend our sincere condolences to his family, friends and his many business associates.
    “We at ALX, and our industry as a whole, have lost a giant in Ben Ainsworth,” said Warren Stanyer, Chairman of ALX. “Ben was first a gentleman, and second, an explorationist who always believed a new discovery was just around the corner. His intelligence, imagination, perseverance, and above all, his regard for others will be sorely missed.”
    Ben earned an honours degree in geology at University of Oxford in 1962 and was soon inducted into a successful career as an exploration geologist, gaining his early experience in Ireland and Ghana, West Africa. He joined Placer Development Limited (“Placer”) in 1965 and worked there for 21 years, holding assignments throughout Canada, and later in Chile. From 1968 to 1978, his principal area of work related to the research and application of geochemistry for mineral exploration. Ben carried out extensive exploration work in British Columbia and the Yukon, which led to the 1972 discovery of the world class Howard’s Pass lead-zinc deposit.
    In 1986, Ben and David Jenkins formed the consulting firm of Ainsworth-Jenkins Holdings Inc. (“Ainsworth-Jenkins”). The first years of the practice focused on gold and silver in Nevada and northern tier states in Mexico, drawing on experience gained from working on similar projects for Placer. Ainsworth-Jenkins was involved with the reactivation of the Huckleberry porphyry copper/gold project financed by New Canamin Resources Ltd. in the period 1992 to 1994, which was placed into production in 1997.The Ainsworth-Jenkins team was also responsible for the concept, design and implementation of a 1995 exploration program that lead to the discovery of the first reported marine alluvial diamonds in the territorial waters of Sierra Leone, West Africa.
    Ben’s career contained many milestones in both mineral discoveries and in public service, where he acted for provincial and federal governments in mineral project assessments. He also served on many committees liaising between our industry and government agencies to promote the sustainable growth of mineral exploration and development in Canada.
    Most recently, Ben and his son, Garrett Ainsworth, were jointly awarded the 2013 Colin Spence Award by the Association for Mineral Exploration, British Columbia for their role in the discovery of the Patterson Lake South uranium deposit (now the Triple R deposit) located in the Athabasca Basin, Saskatchewan. That discovery was yet another hallmark of the quality of work Ben contributed throughout his career in his quest to find world class mineral deposits.
    Many will follow in his footsteps but few will fill his shoes.
    About ALX Uranium Corp.
    ALX is a junior uranium exploration company formed in 2015 as the result of a business combination between Lakeland Resources Inc. and Alpha Exploration Inc.  ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol “AL”, on the Frankfurt Stock Exchange under the symbol “6LLN” and in the United
    States OTC under the symbol “ALXEF”.  ALX is actively exploring a portfolio of prospective uranium properties in the Athabasca Basin, which total approximately 140,000 hectares. Technical reports are available on SEDAR (www.sedar.com) for several of the Company’s active properties.
    For more information, please visit the ALX corporate website at www.alxuranium.com or contact Roger Leschuk, Vice President, Corporate Development at Ph: 604.629.0293 or Toll-Free:1.866.629.8368, or email: rleschuk@alxuranium.com
    On Behalf of the Board of Directors of ALX Uranium Corp.
    “Warren Stanyer”
    Warren Stanyer
    Director and Chairman
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies oftheTSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    To view this press release as a PDF file, click onto the following link:
    public://news_release_pdf/ALXuranium04272017_0.pdf
    Click here to connect with ALX Uranium Corp. ( TSXV:AL ; FSE:6LLN; OTC: ALXEF) to receive an Investor Presentation. 

    Source: fscwire.com

    alpha explorationathabasca basinchileuranium investingbritish columbialakeland resourcescanadaboard of directorsalx uranium corp.
    The Conversation (0)

    Go Deeper

    AI Powered
    Noble Mineral Exploration

    Noble Mineral

    Canadian and Saskatchewan flags waving under a clear blue sky.

    15 Uranium Companies Exploring Canada's Athabasca Basin

    Latest News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Energy Investing Stocks

    Skyharbour Resources

    Skyharbour Resources (SYH:CC)
    SYH:CC

    Generation Uranium

    Generation Uranium (GEN:CC)
    GEN:CC

    Investor Insight

    Generation Uranium offers investors high-leverage exposure to a potential major discovery in Canada’s underexplored and resource-rich Thelon Basin, led by a management team with a proven track record of securing high-value exits.

    Overview

    Generation Uranium (CSE:GEN, OTCQB:GENR, FRA:W85) is a Canadian exploration company focused on wealth creation through discovery within the uranium sector. The company’s primary strategy is to build a high-caliber exploration team that can rapidly test and drill high-potential targets, de-risking projects for potential takeover by larger producers. Currently centered in the prolific Thelon and Angikuni Basins of Nunavut, the company is also actively evaluating additional project acquisitions in the Athabasca Basin to expand its portfolio.

    Generation Uranium Yath Project

    The company is led by a veteran management team with nearly 30 years of experience in mineral development. CEO Michael Collins has a significant track record of building and exiting public companies, including the co-founding of Bluerock Resources, a conventional uranium producer during the 2000-2008 cycle. This expertise is paired with a focused business model that leverages modern geophysical targeting to accelerate exploration timelines and reduce costs, ensuring the company can deliver results quickly in a bullish uranium market.

    Company Highlights

    • Strategic Location in a Premier Uranium District: The flagship Yath Project is located in Nunavut’s Thelon Basin, contiguous to ATHA Energy’s Angilak Project, which hosts the high-grade Lac 50 deposit.
    • High-Grade Discovery Potential: Historical surface sampling at the Yath Project has yielded exceptional uranium grades, including boulders testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.
    • Expert Management with Exit Experience: Led by CEO Michael Collins, the team has decades of experience in mineral exploration and a history of co-founding companies that were later acquired, such as Prime Mining and Nuclear Fuels.
    • Low-Cost, Rapid Exploration Strategy: By leveraging modern geophysics and extensive historical data, the company aims for a "short road to discovery," de-risking projects quickly to maximize shareholder value.
    • Bullish Market Fundamentals: Generation Uranium is well-positioned to meet the growing global demand for carbon-free nuclear power, supported by a projected supply deficit and increased interest from major tech companies seeking clean energy.

    Key Project

    Yath Project - Nunavut, Canada

    The Yath Project is Generation Uranium’s flagship project. This 100 percent owned property covers about 120 square kilometers within the underexplored Thelon Basin in Nunavut, Canada. The project is located where the Yathkyed and Angikuni sub-basins meet, which is a region known globally for high-grade uranium potential. It sits directly along the same trend as the Angilak Project owned by ATHA Energy (TSXV:SASK, OTCQB:SASFK, FWB:XSU.F), which contains the Lac 50 deposit, one of the highest-grade uranium resources found outside of the Athabasca Basin with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69 percent U3O8.

    Generation Uranium Yath Project

    The Yath Project is contiguous to the Lac 50 trend and is crossed by several regional faults and basin boundaries. Past exploration work has already identified high priority targets, while surface sampling in the area has produced uranium grades from boulders, with some testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.

    The company has commenced its initial field program at the site, set to define and rank drill targets. Historic showings will be combined with new anomalies from the MMT geophysics survey, preparing the project for an anticipated drill permit.

    Management Team

    Michael Collins - CEO & Director

    Michael Collins is a professional geoscientist with nearly 30 years of experience in mineral exploration. He has co-founded several public companies, including Exploits Discovery, Prime Mining (acquired in 2025), and Nuclear Fuels (merged with Premier American Uranium in 2025). He is also currently a director of First Atlantic Nickel.

    Christoph Bruening - Director

    Christoph Bruening is the founder and managing partner of Value Relations GmbH, a full-service investor relations and public relations agency in Frankfurt with over 25 years of excellence, focusing on mining, exploration, biotech and health care. In addition, he has listed over 600 companies on the Frankfurt Stock Exchange and is a speaker and author of several publications, including on rare earths and uranium.

    Dallas Miller - Director

    Dallas Miller has been working within the international mining industry for over 15 years, working with BHP and Santos Ltd. He has experience on the ground from an operational standpoint, as well as being an integral part of raising millions of dollars in capital funding for both private and public companies in recent years.

    Roger Leschuk - VP Corporate Development

    Roger Leschuk has been in corporate management for over two decades, with the past 15 years dedicated to corporate development and investor relations. He has experience participating in and assisting with mergers and acquisitions, and was an investment advisor for various services such as stocks, mutual funds and tax-sheltered investments. He is a Chartered Investment Manager and a Fellow of the Canadian Securities Institute.

    Monty Sutton - CFO

    Monty Sutton brings over 35 years of experience in public markets and corporate governance. He previously served as CFO for Nuclear Fuels from its IPO through its acquisition.

    Saga Metals

    Saga Metals (SAGA:CC)
    SAGA:CC

    Metals.io

    Metals.io (:)
    :

    Jaguar Uranium

    Jaguar Uranium  (JAGU)
    JAGU

    Premier American Uranium

    Premier American Uranium (PUR:CC)
    PUR:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES