Denison Mines

ALX Resources Corp. Amends Hook-Carter Uranium Project Joint Venture Agreement with Denison Mines - Exploration Planned for 2024

Retrieved on:

Donnerstag, Mai 23, 2024

Denison Mines, NexGen, Uranium, MUFG Union Bank, ALX, Derksen, OTC, Amendment, Fission, Triple, Project, Arrow, Uranium mining

On October 16, 2016, ALX and Denison entered into a purchase agreement (the "Original Agreement"), whereby ALX sold an 80% interest in the Project in exchange for 7.5 million shares of Denison.

Key Points:

On October 16, 2016, ALX and Denison entered into a purchase agreement (the "Original Agreement"), whereby ALX sold an 80% interest in the Project in exchange for 7.5 million shares of Denison.
ALX retained a 20% interest in Hook-Carter, and Denison agreed to fund ALX's share of the first $12.0 million of expenditures.
"ALX is very pleased to work with Denison to develop new drill targets at Hook-Carter," said Warren Stanyer, CEO and Chairman of ALX.
The Amendment creates a pathway to accelerate exploration activity on this highly-prospective project for mutual benefit of the partners following a period of limited activity."

Skyharbour’s Partner Company North Shore Uranium Reports Drill Results at the Falcon Project with Uranium Mineralization Confirmed at Two Targets

Retrieved on:

Donnerstag, Mai 16, 2024

Shore, JNR, SRC, News, ICP-OES, NSR, Lead, National instrument, P08, Gold, QA/QC, RS125, CAD, Fracture, Quality control, Denison Mines, Property, Boron, ICP-MS, Athabasca, Quality assurance, Analytic, EM, QAQC, Arsenic, Cobalt, Radioactive decay, P03, SMDI, Copper, Vanadium, Molybdenum, Nickel, Uranium, National Instrument 43-101, Uranium mining

North Shore will consider further investigation of this structure at depth and/or along the strike of the associated EM conductor system.

Key Points:

North Shore will consider further investigation of this structure at depth and/or along the strike of the associated EM conductor system.
Historical uranium mineralization discovered at Falcon is shallow and is hosted in several geological settings including classic Athabasca-style basement mineralization associated with well-developed EM conductors.
Significant potential exists on the project for basement-hosted, unconformity-related uranium deposits like those further to the north in the Wollaston Domain (i.e.
alaskite-type) U-Th-REE mineralization like at the Fraser Lakes Zone B deposit on Skyharbour’s adjacent South Falcon East Property, currently under option to Tisdale Clean Energy.

Denison Announces Results of Shareholder Meeting & Appointment of Jennifer Traub as Board Chair

Retrieved on:

Donnerstag, Mai 9, 2024

Annual, Meeting, DNN, Chairperson, TSX, Denison Mines, Circular, Shareholder, Management

View PDF version

Key Points:

View PDF version
David Cates, Director, President and CEO of Denison commented, "The Board and management of Denison extend their sincere gratitude to Mr. Ron Hochstein, who did not stand for re-election at the Meeting, for nearly 25-years of service on the Board since his appointment in 2000.
As Director, Board Chair, and the Company's previous CEO, Ron made countless invaluable contributions to the strategic direction of the Company and development of several members of the management team.
On behalf of the Board, I'm also pleased to announce the appointment of Ms. Jennifer Traub as the Company's new Board Chair.
Jennifer joined the Denison Board in 2021, contributing her dynamic advisory and leadership experience to Denison's governance, and the Board and management are pleased she has agreed to this expanded role."

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on:

Dienstag, Mai 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points:

The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal."

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on:

Dienstag, Mai 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points:

The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal."

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on:

Dienstag, Mai 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points:

The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
" Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal.

Standard Uranium Intersects Anomalous Radioactivity, Prospective Structure and Alteration in Multiple Drill Holes at Atlantic Project; Concludes Inaugural Drill Program

Retrieved on:

Donnerstag, April 11, 2024

ICP-MS, Standards Council of Canada, Digestion, Uranium, Gamma, Boron, Denison Mines, News, Rock, Tourmaline, Hematite, Hole, CPS, QA/QC, Gold, SRC, Anomaly, Radioactive decay, UC, Uranium mining

Core photos of prospective alteration, structure, and radioactivity intersected during the inaugural drill program are presented in Figure 3, 4, and 5.

Key Points:

Core photos of prospective alteration, structure, and radioactivity intersected during the inaugural drill program are presented in Figure 3, 4, and 5.
Core photos from drill hole ATL-24-002 highlighting significant structure and alteration intersected in the Athabasca sandstone and basement rocks.
Core photos from drill hole ATL-24-004a highlighting basement structure and alteration zones intersected associated with anomalous radioactivity.
Core photos from drill hole ATL-24-005a highlighting structure and alteration intersected in the Athabasca sandstone and basement rocks.

Grounded Lithium Reports 2023 Year End Financial and Operating Results

Retrieved on:

Mittwoch, April 24, 2024

Lithium, Noetics, PEA, Economics, Area studies, AB, IRR, Indication (medicine), KLP, GLC, GRD, Denison Mines, Acquisition, Bank statement, The Company, Measurement, LCE

CALGARY, AB, April 24, 2024 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three and twelve month period ended December 31, 2023.

Key Points:

CALGARY, AB, April 24, 2024 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three and twelve month period ended December 31, 2023.
Selected financial and operational information is set out below and should be read in conjunction with the Company's December 31, 2023 financial statements and the related management's discussion and analysis, which are available for review at www.sedarplus.ca or the Company's website at www.groundedlithium.com .
On March 16th, we closed a strategic tuck-in acquisition of 33 sections (8,498 hectares) of lithium resource lands contiguous to existing acreage and important in the development of the early phases of the Kindersley Lithium Project ("KLP").
This upgrade centered around the location of the initial first two phases of the KLP.

Skyharbour’s Partner Company North Shore Uranium Completes Maiden Drill Program and Identifies Elevated Radioactivity, Fault Zones and Alteration at Falcon Project

Retrieved on:

Mittwoch, März 20, 2024

Diamond, QA/QC, CPS, Boron, Plagioclase, Property, Copper, Lead, SMDI, P12, Quality assurance, JNR, CAD, National Instrument 43-101, Analytic, Arsenic, Quality control, Shore, Vanadium, P03, Vein, Fracture, News, National instrument, Magnetism, Denison Mines, P08, Uranium, Molybdenum, EM, Radioactive decay, NSR, Nickel, Cobalt, Athabasca

The combination of the spatial relationship between the graphitic horizon, the structure, alteration and the radioactivity upgrade this target.

Key Points:

The combination of the spatial relationship between the graphitic horizon, the structure, alteration and the radioactivity upgrade this target.
This lower fault zone displayed strong bleaching (illite+/-sericite) clay alteration, strong hematite and chlorite along fractures and patchy silica alteration.
Nine of the claims are from Skyharbour’s original South Falcon Uranium Project and the remaining two claims are from Skyharbour’s Foster River Project.
North Shore will be the operator of the exploration programs during the earn-in stage and for the joint venture if formed.

Skyharbour’s Partner Company North Shore Uranium Commences Drill Program at Falcon Uranium Property

Retrieved on:

Freitag, März 8, 2024

NSR, Denison Mines, Shore, Property, Copper, Nickel, Uranium, EM, JNR, News, Athabasca, Molybdenum, P12, Boron, Arsenic, Lead, CAD, SMDI, National instrument, Cobalt, Athabasca Basin, Vanadium, P08

Vancouver, BC, March 08, 2024 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”), has commenced its drill program at the Falcon Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.

Key Points:

Vancouver, BC, March 08, 2024 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”), has commenced its drill program at the Falcon Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.
Information pertaining to the drill program and a summary of the Property were provided by the Company on February 28, 2024 and December 19, 2023.
Location Map of Falcon Project:
The drill program is being managed by TerraLogic Exploration Inc.
Electromagnetics with 2024 Drill Targets P03, P08 and P12:
The Falcon Property, which constitutes part of North Shore’s Falcon Property, contains eleven mineral claims comprising approximately 42,908 hectares approximately 50 km east of the Key Lake mine.