Denison Mines

Standard Uranium Begins Drilling at Atlantic Project, Eastern Athabasca Basin

Retrieved on: 
Tuesday, February 27, 2024
Hole, Anomaly, EM, Mining, Uranium, News, Athabasca, Option, Denison Mines, Uranium mining

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that drilling activities have commenced at the Company’s 3,061-hectare Atlantic Project (“Atlantic” or “the Project”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that drilling activities have commenced at the Company’s 3,061-hectare Atlantic Project (“Atlantic” or “the Project”).
  • Atlantic is situated in the prolific eastern Athabasca Basin, northern Saskatchewan (Figure 1).
  • Standard Uranium’s geological team arrived at site on February 26th and drilling has started on the first hole of the inaugural Atlantic program.
  • The Standard Uranium team arrived on site on February 26th, 2024, and diamond drilling on the first hole is currently underway.

Standard Uranium Mobilizes for Inaugural Drill Program at Atlantic Project, Eastern Athabasca Basin

Retrieved on: 
Thursday, February 22, 2024
Diamond, Anomaly, Hole, EM, Mining, Uranium, News, Option, Denison Mines, ATCO, Uranium mining

VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that mobilization has commenced in preparation for the Company’s inaugural drill program at the 3,061-hectare Atlantic Project (“Atlantic” or “the Project”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that mobilization has commenced in preparation for the Company’s inaugural drill program at the 3,061-hectare Atlantic Project (“Atlantic” or “the Project”).
  • Atlantic is situated in the prolific eastern Athabasca Basin, northern Saskatchewan (Figure 1).
  • The Optionee-funded winter 2024 drill program is planned to satisfy the first year of minimum exploration expenditures required by the Option.
  • Additional drill holes will follow up on highly anomalous uranium results and major structure intersected in drill hole BL-16-32.

Demand Booming as Global Uranium Mining Market Expected To Reach $11.3 Billion By 2030

Retrieved on: 
Wednesday, February 21, 2024
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It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.

Key Points: 
  • It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • The report added: “Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Standard Uranium Signs Definitive Agreement to Option Atlantic Project in Eastern Athabasca Basin

Retrieved on: 
Tuesday, February 20, 2024
Hole, Bey, Uranium, Zinc, Project, News, Exercise, Option, Cameco, Denison Mines, ATCO, Anomaly, Uranium mining

We are excited to confirm the Atlantic project will have three partner-funded years of exploration run by our technical team.

Key Points: 
  • We are excited to confirm the Atlantic project will have three partner-funded years of exploration run by our technical team.
  • Overview of the eastern Athabasca Basin, highlighting Standard Uranium’s Atlantic project.
  • “Our technical team and new partners at ATCO are excited to begin drilling the Atlantic project imminently, exploring for high-grade1 unconformity-related uranium mineralization.
  • The Atlantic project is situated in the Mudjatik geological domain where several recent discoveries have been made, including IsoEnergy’s Hurricane uranium deposit.

How Supply & Demand is Likely Driving the Uranium Market to Reach a 16-Year Peak This Year

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Wednesday, February 14, 2024
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PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024.

Key Points: 
  • PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024.
  • Toronto-listed Cameco is expected to be the world's second largest uranium producer this year after Kazatomprom.
  • The objective of the 2024 program is the discovery of uranium mineralization associated with conductive electromagnetic (EM) anomalies.
  • “We are incredibly excited to be starting the preparations for our maiden drill program, a key milestone for the company.

Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market

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Wednesday, January 31, 2024
Lithium, Environmental impact assessment, FS, UEC, News, Powder River Basin, Exercise, Register, TSX, Form, Indian stock exchange, Engineering, PALM, Carbon, Nuclear fission, PLS, Bed size, OTCQX, Growth, Void coefficient, Environmental impact statement, Government, Research, Agent, The Red Bed, Agreement, Good, AS350, TSX Venture Exchange, DNN, Feasibility study, Uranium, NXE, ISR, EIS, Denison Mines, NexGen, Environmental issues, STUD, Luce Irigaray, Mining, Sale, UXC, Electricity, Detailed engineering, Uranium mining

The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.

Key Points: 
  • The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.
  • It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.
  • The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.
  • Business Research concluded: “Rising nuclear fuel consumption is expected to propel the growth of the uranium ore market going forward.

Grounded Lithium to Present at the Battery & Precious Metals Virtual Investor Conference January 31, 2024

Retrieved on: 
Tuesday, January 30, 2024
Lithium, DML, DNN, TSX, KLP, Denison Mines

The Company will also be available for virtual 1x1 meetings: February 1st and February 2nd.

Key Points: 
  • The Company will also be available for virtual 1x1 meetings: February 1st and February 2nd.
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

ALX Resources Corp. Receives Results from ZTEM(TM) Airborne Electromagnetic Survey at the Hook-Carter Uranium Project, Athabasca Basin, Saskatchewan

Retrieved on: 
Friday, January 19, 2024
Denison Mines, OTC, ALX, Project

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2024) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has received the results of an airborne Z-Axis Tipper electromagnetic ("ZTEM™") survey flown in June 2023 at the Hook-Carter Uranium Project ("Hook-Carter", or the "Project").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 19, 2024) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has received the results of an airborne Z-Axis Tipper electromagnetic ("ZTEM™") survey flown in June 2023 at the Hook-Carter Uranium Project ("Hook-Carter", or the "Project").
  • Exploration at Hook-Carter is operated by Denison Mines Corp. ("Denison") and the Project is owned 80% by Denison and 20% by ALX.

Orano Canada and Denison Announce JV Approval to Restart McClean Lake Mining Operations

Retrieved on: 
Wednesday, January 24, 2024
DNN, JV, McClean, Uranium, Mining, Denison Mines, SABRE, TSX, Orano Canada, Uranium mining

SASKATOON, Saskatchewan, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Orano Canada Inc. (“Orano Canada”), and Denison Mines Corp. (“Denison”) (TSX: DML, NYSE American: DNN), as joint-venture partners in the McClean Lake Joint Venture (“MLJV”), are pleased to announce that the MLJV has approved a restart of uranium mining operations using the joint venture’s patented Surface Access Borehole Resource Extraction (“SABRE”) mining method.

Key Points: 
  • SASKATOON, Saskatchewan, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Orano Canada Inc. (“Orano Canada”), and Denison Mines Corp. (“Denison”) (TSX: DML, NYSE American: DNN), as joint-venture partners in the McClean Lake Joint Venture (“MLJV”), are pleased to announce that the MLJV has approved a restart of uranium mining operations using the joint venture’s patented Surface Access Borehole Resource Extraction (“SABRE”) mining method.
  • Orano Canada owns a 77.5% interest and is the operator of the MLJV and Denison owns a 22.5% interest.
  • It is anticipated that the McClean Lake mill will have sufficient capacity to process this ore, while continuing with committed planned production from Cigar Lake.
  • This information suggests an incentive price meaningfully lower than current uranium prices, which has provided the JV with a strong basis to make a restart decision for mining at McClean Lake.

Grounded Lithium Closes Earn-in Agreement with Denison Mines

Retrieved on: 
Thursday, January 25, 2024
Lithium, Agreement, DNN, GRD, AB, TSX, Denison Mines, TSX Venture Exchange, GLC, Exercise, Good, The Company

CALGARY, AB, Jan. 25, 2024 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce that we have obtained consents, from shareholders holding over 50% of the outstanding shares of the Company, in respect of the previously announced definitive agreement (the "Agreement") with Denison Mines Corp (TSX: DML) (NYSE American: DNN) ("Denison").

Key Points: 
  • CALGARY, AB, Jan. 25, 2024 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce that we have obtained consents, from shareholders holding over 50% of the outstanding shares of the Company, in respect of the previously announced definitive agreement (the "Agreement") with Denison Mines Corp (TSX: DML) (NYSE American: DNN) ("Denison").
  • The Company has also received final approval from the TSX Venture Exchange to close the transaction.
  • With all approvals obtained, the earn-in option granted by the Agreement is effective as of January 24, 2024.
  • As communicated in the January 16, 2024 press release, the 5% gross over riding royalty ("GORR") sold to Denison is now reduced to 2%.