Athabasca

Arya Resources Ltd. (RBZ) Drills 3.5 Kilogram per Tonne (Kg. /t) Copper, 6.1 Kg. /t Nickel, and 0.247 Kg. /t Cobalt over 36.5 meters

Retrieved on: 
Wednesday, March 13, 2024

The program consisted of 8 drill holes totalling 1045m and was completed between December 7th and 17th, 2023.

Key Points: 
  • The program consisted of 8 drill holes totalling 1045m and was completed between December 7th and 17th, 2023.
  • A powerline runs along Provincial Highway 102 and would provide easy access to hydro for the project site.
  • Projected strike of the P-2 Thrust fault which hosts the McArthur River Uranium mine in the Athabasca basin, extends onto the property.
  • Basement hosted Uranium deposit(s) could be coming to surface outside the current limits of the Athabasca basin, where the property is located.

ATHA Energy Announces 92 Energy Obtains Court Approval

Retrieved on: 
Wednesday, March 27, 2024

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that the Federal Court of Australia (the “Court”) has made orders approving the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”).

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that the Federal Court of Australia (the “Court”) has made orders approving the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”).
  • The Scheme was previously announced in the news releases of ATHA dated December 7, 2023, and January 25, 2024.
  • The Managing Director of 92 Energy, Siobhan Lancaster, said: “The merger with ATHA begins a new chapter of opportunity for 92 Energy shareholders.
  • 92 Energy has enjoyed significant exploration success since listing, culminating in its discovery of the GMZ, and I would like to thank the 92 Energy board, management, shareholders and advisors for their invaluable support and contributions.”
    Troy Boisjoli, Chief Executive Officer of ATHA, comments, “We are thrilled with the overwhelming level of support from 92 Energy’s shareholders in the previously announced vote to approve the transaction.

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

Retrieved on: 
Wednesday, March 20, 2024

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.

ATHA Energy Provides Update on 2024 Exploration Program

Retrieved on: 
Wednesday, March 20, 2024

VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSX.V: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce plans for its 2024 Exploration Program. At the 100%-owned Angilak Project in Nunavut, the Company will focus on diamond drilling with the objective of deposit expansion and discovery. In the Athabasca Basin, the Company will be further advancing nine of its 100%-owned projects through a combination of ground and airborne geophysical surveys. The objective of the Athabasca Basin Program is to continue to mature ATHA’s geological understanding within each of its projects, increasing the probability of discovery and optimise capital expenditure during future drill campaigns. Additionally, subject to the completion of the Company’s proposed scheme of arrangement (the “Scheme”) with 92 Energy Limited (ASX: 92E) ("92E”), development of 92 Energy’s projects, such as Gemini, which hosts the recently discovered high-grade GMZ showing, will be incorporated into the into the Company’s Athabasca Basin Exploration Program. The Company will provide an update inclusive of drilling plans for the Gemini project, post closing of the Scheme.

Key Points: 
  • The objective of the 2024 Athabasca Basin Exploration Program is to advance ATHA’s exploration model, generating additional high-priority targets for future drill programs.
  • The Athabasca Basin Exploration Program is currently underway and is projected to continue through the end of Q3 2024.
  • VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSX.V: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce plans for its 2024 Exploration Program.
  • The 2024 Athabasca Basin Exploration Program is already underway and is slated to continue through to the end of Q3 2024.

Cosa Resources Announces Commencement of Diamond Drilling at the 100% Owned Ursa Uranium Project in the Athabasca Basin, Saskatchewan

Retrieved on: 
Monday, March 4, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that following completion of ground-based geophysical surveying, the Company has commenced diamond drilling at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that following completion of ground-based geophysical surveying, the Company has commenced diamond drilling at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").
  • The additional funding will also allow us to expand summer drilling at Ursa where warranted.
  • Cosa's drilling strategy is to test for the presence of structure and hydrothermal alteration typical of the Athabasca Basin's high-grade unconformity-related uranium deposits.
  • Drilling will be proximal to EM conductors that may reflect structurally reactivated graphitic basement rocks typically associated with Athabasca uranium deposits.

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

Retrieved on: 
Friday, March 8, 2024

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.

Skyharbour’s Partner Company North Shore Uranium Provides Falcon Uranium Property Drill Program Update

Retrieved on: 
Wednesday, February 28, 2024

Vancouver, BC, Feb. 28, 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 provided an update on the upcoming drill program at the 55,699 hectare Falcon Uranium Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.

Key Points: 
  • Vancouver, BC, Feb. 28, 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 provided an update on the upcoming drill program at the 55,699 hectare Falcon Uranium Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.
  • North Shore has further refined its targeting criteria and the drill program is set to commence in mid-March.
  • North Shore plans to drill test up to three targets along a strong, dominantly northeast-trending EM conductor system at the southern end of the property.
  • Working with TerraLogic and Condor, North Shore is in the final stages of ranking and prioritizing drill targets for the March program.

Standard Uranium Begins Drilling at Atlantic Project, Eastern Athabasca Basin

Retrieved on: 
Tuesday, February 27, 2024

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.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

Appia Rare Earths & Uranium Corp. Announces New Cooperation Agreement with the Ya'thi Néné Lands and Resources Office

Retrieved on: 
Friday, January 26, 2024

The agreement pertains to specific exploration activities undertaken by Appia in Nuhenéné, the traditional territory of the Athabasca First Nations in Treaty 8 and Treaty 10 Territories (Figure 1).

Key Points: 
  • The agreement pertains to specific exploration activities undertaken by Appia in Nuhenéné, the traditional territory of the Athabasca First Nations in Treaty 8 and Treaty 10 Territories (Figure 1).
  • Image courtesy of the Ya'thi Néné Lands and Resources Office.
  • The cooperation agreement encompasses provisions related to harvest compensation, contributions to YNLR's established community trust, and opportunities for employment and contracting with northern businesses.
  • Appia looks to capitalize on the rising uranium market with plans to explore our uranium properties within the Wollaston territory, beginning with Loranger in early 2024."