Uranium Overview
Our friend Shawn Perger at Blue Sky Uranium sends along one of the best overviews of the uranium market we have seen in a couple of years.
Tag: Uranium
Skyharbour Increases its Private Placement of Common and Flow-Through Shares
Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) announces that due to strong interest the Company has increased its non-brokered private placement financing to aggregate gross proceeds of approx. CAD $2.5 million. The Company has increased its placement from 3,250,000 units of the Company (the “Units”) to 3,600,000 Units at a price of CAD $0.40 each, and has increased its placement from 1,650,000 flow-through units (the “FT Units”) to 2,400,000 at a price of CAD $0.45 each. Each Unit will be comprised of one common share and one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each. Each FT Unit will be comprised of one flow-through common share and one-half of one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each.
Skyharbour Announces a Private Placement of Common and Flow-Through Shares
Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) announces that it has arranged a non-brokered private placement of up to 2,000,000 units of the Company (the “Units”) at a price of CAD $0.40 each and up to 1,500,000 flow-through Units (the “FT Units”) at a price of CAD $0.45 each, for combined total gross proceeds of up to CAD $1,475,000. Each Unit will be comprised of one common share and one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each. Each FT Unit will be comprised of one flow-through common share and one-half of one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each.
Skyharbour: Last Man Standing
On Monday March 11, 2011 the Fukushima nuclear plant was severely damaged by a 15-metre tsunami which disabled the power supply and cooling of three Fukushima Daiichi reactors. All three cores largely melted in the first three days.
NexGen’s Winter Assays Confirm Uranium Mineralization in Newly Discovered Areas of the A0 Shear, 160 m Northwest and Northeast Along Strike from the A1 and A2 Shears, and Strong Continuity From Infill Drilling at Arrow Deposit
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report assay results for all fifty-four holes from our recently concluded winter drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.
NexGen Commences Summer Drilling Program at Arrow
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce that the summer 2018 drilling program has commenced at the 100% Company owned, Rook I property, in the Athabasca Basin, Saskatchewan.
Skyharbour Discovers New High Grade Uranium Mineralization at Maverick Zone including 5.39% U3O8 over 1.0 metre within 2.07% U3O8 over 3.5 metres; Summer 2018 Drill Program Upcoming
Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH)(OTCQB: SYHBF)(Frankfurt:SC1P) (the “Company”) is pleased to announce the results from its 2018 winter/spring diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approx.15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. Drillhole ML18-08 intersected high grade uranium mineralization within the Main Maverick Zone consisting of 5.39% U3O8 over 1.0 metre within an interval containing 2.07% U3O8 over 3.5 metres. This mineralization occurs at the unconformity from 265.8 to 269.3 metres downhole. Also of note is hole ML18-09 which intersected uranium mineralization at the unconformity in the Maverick East Zone, a new high grade lens discovered by Skyharbour last year. This hole returned a grade equivalent of 3.07% U3O8 over 1.8 metres from an interval containing a grade equivalent of 1.01% U3O8 over 6.3 metres.
NEXGEN ANNOUNCES POSITIVE RESULTS FROM ARROW PROJECT STUDIES
VANCOUVER, June 13, 2018 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE MKT: NXE) is pleased to report the positive results from Pre-Feasibility-stage technical studies including metallurgical, geotechnical, and hydrogeological assessments. These studies were conducted on the basement-hosted Arrow Deposit, located on the Company’s 100% owned Rook I project in Saskatchewan’s Athabasca Basin.
The Uranium Market
Australian asset managers, Harness Asset Management, have released a detailed and very balanced outlook for uranium. Key take away:
NexGen Makes Significant New Discoveries of Near Arrow Mineralization Northwest and Along Strike in Winter Drill Campaign
VANCOUVER, May 2, 2018 /PRNewswire/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE)is pleased to report radioactivity results for fifty-four holes comprising 30,208 m from Arrow, South Arrow and regional exploration as part of our now concluded winter drilling program on our 100% owned, Rook I property, in the AthabascaBasin, Saskatchewan.