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July 10, 2023
ENRG Elements Limited (ASX:EEL, OTC:EELFF) (“ENRG Elements” or the “Company”) is pleased to announce it has been granted the Tarouadji 2 exploration permit in the largely underexplored Tarouadji area, located in the Agadez region of Niger (“Tarouadji Project”). The Tarouadji Project is prospective for lithium and tin minerals, within a multiphase granitic setting in the Air Massif.
Highlights:
- Tarouadji Project granted, covering historic lithium and tin anomalies.
- Geological setting favorable to host lithium mineralisation.
- Project located 70km east of the Company’s existing Agadez Uranium Project.
- Initial exploration work to commence Q3 CY2023, in conjunction with the verification of historic data.
- Tarouadji Project complements existing uranium and copper asset portfolio.
The Tarouadji Project represents a strategic increase in the Company’s land holding position in Niger, situated 70km east of the Company’s Agadez Uranium Project (“Agadez Project”) and covers an area of 499.7km2 (see Figure 1), with the coordinates listed in Table 1.
The Tarouadji Project was initially explored in early 1969 by N Mikhailoff1through surface sampling and geological mapping. The region contains the world’s largest ring dykes, with the tenement mostly covering the “Tarouadji-Type” ring structure and hosting identified pegmatitic intrusions2.
The Company is currently undertaking a verification of the historic sample results which identified lithium and tin anomalies and will report them in accordance with JORC Code 2012 in due course.
The Company aims to commence an exploration program at the Tarouadji Project using a staged approach, signifying its dedication to unlocking new resources and advancing its position as an explorer of uranium, lithium and copper for a carbon-neutral and electric future.
ENRG Managing Director, Caroline Keats, commented:
“The Tarouadji Project offers a unique opportunity for the Company to acquire an area that is host to historic exploration activity that identified a strong lithium anomaly extending for over 2km within granitic host rocks that is adjacent to historic alluvial tin mining1. As our main operation at the Agadez Uranium Project is only 70km to the west, we are well placed logistically to manage the exploration and development of any potential lithium discovery.”
Figure 1: Map of the Company’s Agadez Project and Tarouadji Project
Table 1 – Tenement Co-ordinates
Geological Setting
The tenement is located at the southern end of the “Air Massif”, which covers over 100,000km2 and includes three geological units:
- Precambrian basement;
- Circular Palaeozoic sub volcanic ring structures; and
- Cenozoic volcanism.
Click here for the full ASX Release
This article includes content from ENRG Elements Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
13h
Nuclear Recharge: Eclipse and Oklo Pen Deals Amid Global Clean Energy Push
Energy sector innovators took center stage on Wednesday (June 11), with Eclipse Automation securing major deals in nuclear infrastructure, and Oklo (NYSE:OKLO) snagging a key US clean energy contract.
Eclipse Automation, part of Accenture (NYSE:ACN), has secured multiple contracts to design, manufacture and supply advanced automated tooling and equipment for upcoming CANDU nuclear reactor refurbishment projects.
The projects are at the Cernavoda plant in Romania and the Qinshan facility in China, and the agreements include automated inspection units, radioactive-handling systems, reactor-assembly tools and a remote-control center.
Based in Cambridge, Ontario, and backed by Accenture’s global footprint, Eclipse Automation is working to bolster nuclear safety and efficiency with cutting-edge technology.
“In the last decade, Eclipse has delivered automated solutions and equipment to support nuclear refurbishment work at the Embalse reactor in Argentina, and at the Darlington and Bruce nuclear generating stations in Canada,” said Steve Mai, CEO of Eclipse Automation, in the company's press release.
Putting the "Can" in CANDU
Canada’s CANDU (Canada deuterium uranium) reactors trace their origins back to the 1950s, with the first commercial unit, NPD, launching in 1962 using heavy water moderation and natural uranium fuel. Featuring pressure tubes and online refueling, CANDUs allow continuous operation, unlike light-water reactors that require shutdowns.
Today, 19 CANDU reactors operate in Canada, primarily in Ontario and New Brunswick, and over a dozen more are deployed abroad in South Korea, Romania, China, Argentina and India.
The design is prized for high reliability, clean power and the ability to burn natural uranium and alternative fuels.
Canada and other countries are now investing in life extensions and advancing next-generation designs like the Enhanced CANDU-6, the Advanced CANDU reactor and small modular reactors, supported by federal funding to sustain a domestic supply chain and global competitiveness.
Defense department eyes microreactors
Elsewhere, advanced nuclear company Oklo received a notice of intent to award from the US Department of Defense to deploy its Aurora microreactor at Eielson Air Force Base in Alaska.
The project, which will be led by the Defense Logistics Agency Energy, will serve as the Air Force’s pilot for enhancing energy resilience at remote sites. Under a long-term power purchase agreement, Oklo will design, build, own and operate the reactor, supplying both electricity and heat. The Aurora system uses fast reactor technology to deliver continuous, off-grid power — ideal for mission-critical infrastructure.
"This Notice of Intent to Award reflects continued confidence in Oklo’s ability to deliver clean and secure energy solutions for mission-critical infrastructure," said Jacob DeWitte, co-founder and CEO of Oklo. "We are honored to support national defense resilience objectives while demonstrating the value of US-pioneered fast reactor technology."
These contracts reflect a global resurgence in nuclear energy as countries look for ways to power their expanding grids with clean energy.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
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10 June
Terra Clean Energy Completes Share Issuance
TERRA CLEAN ENERGY CORP. (“ Terra ” or the “ Company ”) (CSE: TCEC, OTCQB: TCEFF , FSE: 9O0 ) , is pleased to announce that further to its press release of June 2, 2025, the Company has issued 2,694,335 common shares to Skyharbour Resources Ltd. in connection with an option agreement whereby the Company can earn up to a 75% interest in the South Falcon East uranium project, Athabasca Basin, Saskatchewan, Canada (see press release dated December 30, 2024 for full details of the earn-in).
The Company also announces an award of 300,000 restricted share units (each, an "RSU") pursuant to its Omnibus Incentive Plan to a consultant of the Company. Each RSU entitles the recipient to receive one common share of the Company on vesting. The RSUs vest on the date that is one year from the date of grant. The grant of RSUs remains subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange.
All common shares and RSUs issued are subject to a four month plus one day hold period from the date of issuance in accordance with applicable securities laws.
About Terra Clean Energy Corp.
Terra Clean Energy (formerly Tisdale Clean Energy Corp) is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project, which holds a 6.96M pound inferred uranium resource within the Fraser Lakes B Uranium Deposit, located in the Athabasca Basin region, Saskatchewan, Canada.
ON BEHALF OF THE BOARD OF TERRA CLEAN ENERGY CORP.
“Greg Cameron”
Greg Cameron, CEO
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President, Exploration, and a Qualified Person as defined by National Instrument 43-101.
*The historical resource is described in the Technical Report on the South Falcon East Property, filed on sedarplus.ca on February 9, 2023. The Company is not treating the resource as current and has not completed sufficient work to classify the resource as a current mineral resource. While the Company is not treating the historical resource as current, it does believe the work conducted is reliable and the information may be of assistance to readers.
Forward-Looking Information
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the ability of the Company to satisfy regulatory, stock exchange and commercial closing conditions of the issuance of common shares to Skyharbour, and the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company’s public filings available under the Company’s profile at www.sedarplus.ca .
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Greg Cameron, CEO
Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
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09 June
Drilling Planned to Update & Grow Lo Herma Resource
09 June
Aura Energy Plans Swedish Uranium Collaboration as Country Makes Progress on Lifting Ban
Aura Energy (ASX:AEE) is planning to enter into a strategic collaboration agreement with Neu Horizon Uranium following discussions on overturning the uranium-mining ban in Sweden.
Executives from Aura recently visited Stockholm, where they spoke productively with members of the country's governing coalition about the benefits of lifting the uranium-mining moratorium.
The ban traces back to 2018, when Sweden changed its environmental code to prioritise renewable energy; the government also wanted to reduce reliance on foreign uranium and strengthen domestic and European energy supply.
“Aura welcomes the clear direction of government policy in removing the ban and the strong commitment shown by politicians to attract investment into the country’s mining industry,” Aura said in a June 2 statement.
Discussions about abolishing the ban heightened in December 2024, when a government inquiry concluded that uranium must be classified as a concession mineral under the Minerals Act. According to Aura, the Swedish governing coalition has already expressed its support for overturning the ban, with a referral process underway.
With this progress, Aura is making strategic moves toward advancing its uranium efforts in Sweden.
"Our collaboration with New Horizon Uranium positions us to capitalize on the country’s exceptional geological endowment and support its uranium ambitions,” shared Aura Energy Chair Phil Mitchell.
Through the arrangement, Aura will invest AU$100,000 for a minority stake in Neu Horizon. The agreement also covers collaborations on key initiatives, including joint participation in an investor symposium in Stockholm this year.
Centred in the deal is Aura's Häggån deposit in the province of Jämtland in Central Sweden. Aura says it is one of the largest underdeveloped uranium resources globally, holding 800 million pounds of contained uranium oxide.
For its part, Neu Horizon holds three high-potential uranium projects: the Villhelmina shale-hosted uranium project, the Ravenberget shear-hosted uranium project and the Gillberget shear-hosted uranium project.
“Our collaboration with Aura Energy is a strategic step towards unlocking Sweden’s uranium potential. Sweden holds large quantities of uranium resources, and this collaboration will facilitate progress in regulatory engagement and technical advancements, aligning with (the country’s) vision for energy security,” said Neu Horizon Chair Martin Holland.
Neu Horizon plans to apply modern exploration methods to advance its Swedish assets. While the company remains unlisted, it intends to debut on the ASX sometime in late 2025 or early 2026.
A parliamentary vote is expected on the abolishment of Sweden's uranium ban later this year.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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05 June
Argentina’s Strategic Advantage as a New Frontier for Uranium Exploration
Argentina is emerging as one of the most compelling new frontiers for uranium supply, with the country’s National Atomic Energy Commission estimating about 80,000 tonnes of uranium as "exploration targets" across various geological environments. It offers a unique combination of geological potential, government support and existing nuclear infrastructure — all within a jurisdiction that is eager to expand its domestic resource base.
Global demand for uranium has increased in recent years, bolstered by renewed investment in nuclear energy and efforts to secure supply chains. Argentina’s pro-nuclear-energy stance and local technical expertise offer a promising new alternative for uranium exploration, as global demand for this critical mineral continues to soar.
A reawakening global uranium market
The nuclear sector is regaining traction after a decade-long lull following the Fukushima disaster. Governments are increasingly recognizing nuclear energy as a reliable, low-carbon power source essential for meeting net-zero goals. This has led to a global buildout of nuclear capacity: according to the World Nuclear Association, more than 440 reactors are operational today, with dozens more expected to come online over the next two decades.
Compounding this growth is a push for energy independence. The geopolitical fallout from the Russia-Ukraine conflict and rising tensions with China have led to a re-evaluation of critical mineral supply chains. Uranium, once sourced heavily from Russian and Kazakhstan operations, is now being sought from more stable, western-aligned jurisdictions. This is fueling investor interest in underexplored regions that offer both geological promise and geopolitical stability.
Argentina’s uranium opportunity
Unlike traditional uranium-producing nations, Argentina has provincial jurisdictions that offer a unique combination of geological potential, government support and existing nuclear infrastructure — all within a federal jurisdiction eager to expand its domestic resource base.
Argentina is one of the few countries in the Global South with an established civilian nuclear program. Although there is currently no domestic uranium production, the country operates three nuclear power plants which supply about 5 percent of the country’s electricity. The country is also developing new reactors, including the CAREM small modular reactor project, the first of its kind in Latin America. As energy security and decarbonization gain urgency, Argentina’s government has reaffirmed its commitment to expanding nuclear power as a reliable baseload energy source.
To meet this growing demand, Argentina has made domestic uranium production a strategic priority. Historically reliant on imports, the country is now encouraging exploration and development to secure its own supply. This is creating fertile ground for uranium juniors who can help the country achieve nuclear independence.
Argentina’s uranium geology shares many similarities with prolific producing regions globally. In particular, the Neuquén Basin, a large sedimentary basin in Central-Western Argentina, hosts uranium mineralization styles similar to those found in Kazakhstan’s vast deposits. Surficial and sandstone-hosted uranium mineralization in this region offers shallow, low-grade, high-tonnage potential, which is ideal for low-cost, environmentally friendly extraction methods like in-situ recovery and open-pit mining followed by leaching.
Argentina's uranium-rich basins, such as those in Rio Negro, Chubut and Salta provinces, remain largely underexplored, giving early movers a significant first-mover advantage in identifying new discoveries and developing scalable projects.
Investment considerations
From an investment perspective, Argentina is rapidly becoming more competitive.
While some provinces still maintain a moratorium on uranium mining, others like Rio Negro Province, home to Blue Sky Uranium's (TSXV:BSK,OTCQB:BKUCF) Amarillo Grande project, have explicitly opened the door to uranium development, aligning with national goals to boost self sufficiency.
The key to long-term value for investors evaluating junior uranium companies lies in a combination of jurisdictional quality, project scalability and strategic alignment with national energy priorities.
A strong uranium junior benefits from operating in a stable, mining-friendly jurisdiction with clear regulatory frameworks, established infrastructure and political support for resource development. These conditions not only reduce permitting risk but also help streamline project advancement from exploration to production.
Equally important is the nature of the deposit. Shallow, near-surface mineralization is often easier and more cost-effective to develop. Juniors with deposits of this kind are more likely to attract interest from strategic partners or acquirers due to their lower capital intensity and faster development timelines. Investors should also consider whether the company has a district-scale land position, as this can significantly enhance the upside potential beyond a single discovery.
Finally, a company’s alignment with national or regional energy strategies can be a powerful advantage. Governments seeking to secure domestic uranium supply, particularly in countries expanding their nuclear energy capacity, are more likely to support companies that help fulfill those objectives. Juniors operating in such environments may benefit from faster permitting, stronger stakeholder engagement and even direct institutional interest.
Blue Sky Uranium: Unlocking a uranium district in Argentina
Vancouver-based Blue Sky Uranium is not just exploring for uranium in Argentina; it’s pioneering the advancement of what could become a new, world-class uranium district in the southern hemisphere.
The company’s flagship Amarillo Grande project is the most advanced uranium exploration initiative in Argentina and one of the most significant in South America. The project spans more than 145 kilometers of continuous prospective trend in the Neuquén Basin. It comprises three main properties — Ivana, Anit and Santa Barbara — all of which demonstrate significant uranium potential and remain underexplored relative to their scale.
The Ivana deposit alone hosts an indicated mineral resource of 19.7 million metric tons of uranium at a grade of 333 parts per million (ppm) with 105 ppm vanadium, and an inferred resource of 5.6 million metric tons of uranium at a grade of 262 ppm with 109 ppm vanadium. It boasts a robust preliminary economic assessment (as of February 2024) that outlines a base-case pre-tax net present value (8 percent) of US$227.7 million, along with an internal rate of return of 38.9 percent at a uranium price of US$75 per pound of U3O8.
Blue Sky is now focused on advancing the Ivana deposit through a joint venture with Abatare Spain (COAM), taking the project from exploration through feasibility and potentially into production.
Under the terms of the earn-in agreement, COAM will fund up to US$35 million to earn a 49.9 percent equity interest in the joint venture company, Ivana Minerales, and can earn up to 80 percent ownership by completing a feasibility study and contributing up to US$160 million to develop and construct the project.
This level of financial backing and technical commitment is rare among junior uranium developers and significantly de-risks the project. COAM’s parent, Corporación América, operates across energy, transportation, infrastructure and technology sectors, and brings deep local knowledge and government connectivity.
As part of the Grosso Group with a long-standing presence in Argentina, Blue Sky has the advantage in navigating regulatory and social environments. Combined with the technical and financial support of its joint venture partner, the company is uniquely positioned to help unlock Argentina’s uranium potential at a time when global supply diversification is more critical than ever.
Key takeaways
Amid an accelerating global push for cleaner energy and secure supply chains, Argentina offers a unique opportunity for investors seeking exposure to the uranium renaissance. Its established nuclear energy infrastructure, prospective geology and government-backed development roadmap make it a jurisdiction to watch.
For investors looking to navigate the shifting dynamics of the uranium market, Argentina represents a jurisdiction worth serious consideration. Companies with shallow, scalable projects in mining-friendly provinces, and that align with national energy priorities are likely to have a strategic advantage as the global supply chain continues to evolve.
This INNspired article is sponsored by Blue Sky Uranium (TSXV:BSK,OTCQB:BKUCF). This INNspired article provides information which was sourced by the Investing News Network (INN) and approved by Blue Sky Uraniumin order to help investors learn more about the company. Blue Sky Uranium is a client of INN. The company’s campaign fees pay for INN to create and update this INNspired article.
This INNspired article was written according to INN editorial standards to educate investors.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Blue Sky Uranium and seek advice from a qualified investment advisor.
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05 June
Justin Huhn: Uranium Game On — Supply "Mirage," De-risked Demand, Next Price Move
Justin Huhn, editor and founder of Uranium Insider, talks uranium supply, demand and prices.
He emphasized that it's still "very early" in the cycle and that at this point no further catalysts are needed.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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