NUNAVUT

Parks Canada's underwater archaeologists complete seasonal research at Wrecks of HMS Erebus and HMS Terror National Historic Site

Retrieved on: 
Monday, January 22, 2024

The research team conducted sixty-eight dives during a twelve-day period to continue investigating and documenting the wreck of HMS Erebus.

Key Points: 
  • The research team conducted sixty-eight dives during a twelve-day period to continue investigating and documenting the wreck of HMS Erebus.
  • The Wrecks of HMS Erebus and HMS Terror National Historic Site is co-managed by Parks Canada and the Nattilik Heritage Society.
  • "The Kitikmeot Inuit Association is pleased that the underwater archaeology team had a successful and safe season at the Wrecks of HMS Erebus and HMS Terror National Historic Site.
  • This research will help Parks Canada understand climate change-related threats to the wrecks of the HMS Erebus and HMS Terror, and what mitigation measures may be needed.

Canadian Geographic announces the winners of its Canadian Photos of the Year competition

Retrieved on: 
Monday, January 15, 2024

OTTAWA, ON, Jan. 15, 2024 /CNW/ - Canadian Geographic, one of Canada's oldest and best-loved magazines, has announced the winners of its 2023 Canadian Photos of the Year competition, celebrating the best images captured by Canadian photographers last year.

Key Points: 
  • OTTAWA, ON, Jan. 15, 2024 /CNW/ - Canadian Geographic, one of Canada's oldest and best-loved magazines, has announced the winners of its 2023 Canadian Photos of the Year competition, celebrating the best images captured by Canadian photographers last year.
  • "Every year, our team is blown away by the talent and passion of our photography community," said Canadian Geographic Editor-in-Chief Alexandra Pope.
  • "Although they all portray different locations and subjects, these images have one thing in common: they made us stop and say 'Wow.'"
  • With the support of official photography partner Nikon, Canadian Geographic actively seeks out and nurtures Canadian photographic talent through its Photo Club , a free-to-join, 15,000-member-strong community of amateur and professional photographers.

Global Uranium Market Size Is Expected to Reach $3.27 Billion By 2027

Retrieved on: 
Wednesday, January 10, 2024

A report from Market Reports World said that the Global Uranium Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030.

Key Points: 
  • A report from Market Reports World said that the Global Uranium Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030.
  • In 2022, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
  • The global Uranium market size was valued at USD 2646.85 million in 2021 and is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3272.84 million by 2027.
  • The report added: “The global building and enlargement of nuclear power facilities is one factor driving up uranium consumption.

When polar bears hunt snow geese, hunger justifies the means

Retrieved on: 
Tuesday, January 9, 2024

Polar bears (Ursus maritimus) take advantage of the winter to build up their fat reserves.

Key Points: 
  • Polar bears (Ursus maritimus) take advantage of the winter to build up their fat reserves.
  • Intensive hunting of seals, a resource rich in fat, allows bears to store up enough energy to get through the summer.
  • The adaptations that bears will have to make to meet the challenges brought about by climate change are numerous and unpredictable.

An unusual sighting – a polar bear in fresh water

  • Some 80 km from the Inuit community of Mittimatalik, the Bylot Island field station was bustling with activity.
  • Today, scientists from a variety of backgrounds scour the Quarliktuvik valley floor, which is generally flat, to study the soil, water, plants and wildlife.
  • The image was foggy, but what I initially thought were two colleagues walking side by side, turned out to be the distinctive shape of a polar bear.
  • Everyone in our group had the necessary protective equipment — bear spray, anti-bear cartridges and sometimes even a rifle — but I alerted them by radio and immediately returned to the field station.
  • They waded in quickly enough to keep the bear, who was swimming on the surface, at a safe distance.
  • 1:45 p.m. - 2:00 p.m.: the bear swims in the lake […], makes 4 dives to try to catch a goose.
  • During the afternoon, the bear used this technique two more times, once failing and once with success.

What are the benefits of this behaviour for bears?

  • Nowhere in the scientific literature is there any mention of such behaviour.
  • At best, there are reports of attacks on murres in the ocean near the coasts, an environment very different from the calm, shallow ponds where we observed the bear’s attacks.
  • the time the bear spent swimming and its success in hunting, allowed us to answer this question.

An energy boost, but far from sufficient

  • First of all, a goose provides relatively little energy — around 200 times less than a ringed seal weighing 45 kilograms.
  • Hunting geese could therefore be of benefit to certain bears from time to time, but on a population-wide scale, it will not alleviate the energy deficits caused by the melting ice pack.


David Bolduc received funding from the NSTP and the Canadian Association for Humane Trapping. Matthieu Weiss-Blais received funding from NSERC, FRQNT and NSTP.

Rover Metals Prepares Cabin Lake Gold Project For Sale

Retrieved on: 
Monday, December 11, 2023

Vancouver, BC, Dec 11, 2023 - (ACN Newswire) - Rover Metals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO) ("Rover" or the "Company") is pleased to announce that the NI 43-101 Technical Report for the Cabin Lake Gold project (the "Cabin Technical Report") near to Yellowknife, NT, Canada, is nearing completion.

Key Points: 
  • Vancouver, BC, Dec 11, 2023 - (ACN Newswire) - Rover Metals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO) ("Rover" or the "Company") is pleased to announce that the NI 43-101 Technical Report for the Cabin Lake Gold project (the "Cabin Technical Report") near to Yellowknife, NT, Canada, is nearing completion.
  • The Cabin Lake Gold project is located approximately 40km from the NICO project.
  • The 100% owned Cabin Lake Gold project is being offered for sale under a staged-ownership purchase option, including an up-front cash payment.
  • Judson Culter, CEO at Rover Metals, states, "The sale of an option for the Cabin Lake Gold project will help bring-in needed working capital for 2024.

VIDEO - Sitka Gold: Unveiling the Potential of the RC Gold Project in Yukon CEO Clips Video

Retrieved on: 
Thursday, November 23, 2023

Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Sitka Gold Corp. (CSE: SIG) (OTCQB: SITKF) - This junior mining company, with significant assets across Arizona, Nevada, Nunavut, and the Yukon, has recently drilled over 1.34 million ounces of gold in two major deposits.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Sitka Gold Corp. (CSE: SIG) (OTCQB: SITKF) - This junior mining company, with significant assets across Arizona, Nevada, Nunavut, and the Yukon, has recently drilled over 1.34 million ounces of gold in two major deposits.
  • The RC Gold Project, situated in the prolific Tombstone Gold Belt, promises a substantial yield, with initial findings showing deposits averaging 0.83 g/t gold and 0.5 g/t gold.
  • This discovery, announced earlier this year, marks a significant milestone for Sitka Gold, bolstered by existing infrastructure that accelerates exploration and development.

ATHA Energy Announces Proposed Acquisition of 92 Energy and Latitude Uranium and Concurrent $14 Million Financing to Create Leading Uranium Exploration Company

Retrieved on: 
Thursday, December 7, 2023

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that it has: (i) entered into a definitive arrangement agreement (the “Latitude Arrangement Agreement”) with Latitude Uranium Inc. (CSE: LUR) (“Latitude”) pursuant to which ATHA proposes to acquire all of the issued and outstanding common shares of Latitude (the “Latitude Shares”) by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the “Latitude Arrangement”); and (ii) entered into a binding scheme implementation deed (the “92E SID”) with 92 Energy Limited (ASX: 92E) (“92E”) pursuant to which ATHA proposes to acquire all of the issued and outstanding fully paid ordinary shares of 92E (the “92E Shares”) by way of a scheme of arrangement pursuant to Part 5.1 of the Australian Corporations Act 2001 (Cth) (the “92E Scheme”, and together with the Latitude Arrangement, the “Transactions”). ATHA further proposes to complete one or more financings on terms further described below to raise up to approximately C$14 million in connection with the Transactions (the “Concurrent Financing”).

Key Points: 
  • The combined company will be fully funded with $55 million4 in cash and boasts a suite of highly complementary uranium assets across the exploration spectrum.
  • The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."
  • The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
  • The Latitude Arrangement Agreement also provides for customary deal-protection measures, including a $1,887,357 termination fee payable by Latitude or ATHA in certain circumstances.

ATHA Energy to Acquire Latitude Uranium and 92 Energy to Create a Leading Canadian Uranium Exploration Company

Retrieved on: 
Thursday, December 7, 2023

Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).

Key Points: 
  • Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).
  • The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented: “We are very excited to be part of such a transformative transaction to create an unparalleled uranium exploration company focused on Canada's three major uranium districts.
  • The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."

Latitude Uranium Announces Final Batch of Assay Results, Including 2.88% U3O8 over 0.5m and 2.05% U3O8 over 0.5m from Angilak

Retrieved on: 
Monday, December 4, 2023

Known mineralization has been further extended, including hole 15 which returned 2.88% U3O8 over 0.5m and 2.05% U3O8 over 0.5m.

Key Points: 
  • Known mineralization has been further extended, including hole 15 which returned 2.88% U3O8 over 0.5m and 2.05% U3O8 over 0.5m.
  • A new potential lens was discovered, increasing the known mineralization and adding to the potential for further expansion.
  • These findings will be synthesized over the winter months into a cohesive 2024 drill program for Angilak.
  • Additional geologic knowledge has been obtained and will be synthesized over the winter months into a robust 2024 drill program at Angilak.

Canadian North Resources Inc. Reports Exceptional Operational and Financial Results for the Third Quarter Ended September 30, 2023

Retrieved on: 
Thursday, November 30, 2023

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the operational and financial results for the third quarter ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the operational and financial results for the third quarter ended September 30, 2023.
  • • For the quarter ended September 30, 2023, the Company reported a net loss of $1,725,246 or $0.02 per share.
  • On November 28, 2023, the Company reported the assay results for the remaining 26 holes drilled during the summer.
  • For the quarter end financial statements and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.