Cameco

CanAlaska Mobilizes for West Athabasca Diamond Project

Thursday, July 22, 2021 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - July 22, 2021) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce it has mobilized a crew to begin kimberlite indicator mineral (KIM) sampling down-ice of its West Athabasca Diamond Project areas. The Company holds 51,654 hectares (129,135 acres) of claims encompassing over 300 circular magnetic anomalies in the Athabasca Basin of Saskatchewan. The project is located north and northeast of the past-producing Cluff Lake Uranium Mine (Figure 1).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 22, 2021) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce it has mobilized a crew to begin kimberlite indicator mineral (KIM) sampling down-ice of its West Athabasca Diamond Project areas.
  • Based on this observation, the West Athabasca claims were staked in 2015 and later optioned to DeBeers in 2016.
  • CanAlaska CEO, Cory Belyk, comments, "The team has done an excellent job of re-evaluating the potential of our West Athabasca Diamond Project.
  • CanAlaska is currently working with Cameco and Denison at two of the Company's properties in the Eastern Athabasca Basin.

Purepoint Uranium Completes Drilling at Umfreville and Provides an Update on Tabbernor Projects

Thursday, July 15, 2021 - 11:30am

The Tabbernor Fault System (TFS) is a wide, >1500 km geophysical, topographic and geological structural zone that trends approximately northward along Saskatchewan's eastern boundary.

Key Points: 
  • The Tabbernor Fault System (TFS) is a wide, >1500 km geophysical, topographic and geological structural zone that trends approximately northward along Saskatchewan's eastern boundary.
  • Reactivation of the TFS may have coincided with the age of formation of large uranium deposits in the Athabasca Basin (Davies, 1998).
  • Purepoint Uranium Group Inc. (TSXV: PTU) actively operates an exploration pipeline of 12 advanced projects in Canada's Athabasca Basin, the world's richest uranium region.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/purepoint-uranium-completes-dri...
    SOURCE Purepoint Uranium Group Inc.

Cameco Resuming Production at Cigar Lake

Sunday, July 4, 2021 - 4:19pm

Cameco (TSX: CCO; NYSE: CCJ) is returning its regular workforce to the Cigar Lake uranium mine in northern Saskatchewan today and planning to restart production later this week.

Key Points: 
  • Cameco (TSX: CCO; NYSE: CCJ) is returning its regular workforce to the Cigar Lake uranium mine in northern Saskatchewan today and planning to restart production later this week.
  • In consultation with provincial wildfire management officials from the Saskatchewan Public Safety Agency, we believe the risk to Cigar Lake posed by the fire has now subsided.
  • With improved weather and smoke conditions, minimal likelihood of further road closures in the area, and all infrastructure at Cigar Lake remaining intact, Cameco believes the full complement of personnel can be safely remobilized and regular operations resumed.
  • Final inspections and preparation of equipment will occur over the days ahead to ready the operation for a return to production.

Cameco Provides Update on Wildfire around Cigar Lake

Friday, July 2, 2021 - 8:24pm

Cameco (TSX: CCO; NYSE: CCJ) provided an update today regarding the wildfire situation near the Cigar Lake uranium mine in northern Saskatchewan.

Key Points: 
  • Cameco (TSX: CCO; NYSE: CCJ) provided an update today regarding the wildfire situation near the Cigar Lake uranium mine in northern Saskatchewan.
  • All of the roughly 80 essential workers who remain at Cigar Lake are safe.
  • The wildfire has moved past the main camp area without serious impact to the site itself.
  • There is currently no timeline for the return to site of the roughly 230 workers who were evacuated from Cigar Lake or for the resumption of production.

Cameco Evacuating Cigar Lake as a Precaution due to Wildfire

Thursday, July 1, 2021 - 6:31pm

The action is being taken as a precaution due to the proximity of a northern wildfire that is currently burning in the vicinity of the operation.

Key Points: 
  • The action is being taken as a precaution due to the proximity of a northern wildfire that is currently burning in the vicinity of the operation.
  • Should the wildfire threat grow considerably at site, a plan is in place to ensure their safety.
  • A number of precautions have been implemented at Cigar Lake to limit the risk posed by the wildfire.
  • Cameco is working closely with provincial wildfire management personnel from the Saskatchewan Public Safety Agency, who are on-site assessing the situation on an ongoing basis.

Skyharbour Resources President & CEO, Jordan Trimble, to Present at the Red Cloud Uranium Conference (Virtual)

Tuesday, May 11, 2021 - 9:30pm

b'VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the \xe2\x80\x9cCompany\xe2\x80\x9d) is pleased to announce that President and CEO, Jordan Trimble, will present at the Red Cloud Conference "Uranium: Fueling the Path Towards Electrification", which will take place virtually on May 13, 2021.\nMr.

Key Points: 
  • b'VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the \xe2\x80\x9cCompany\xe2\x80\x9d) is pleased to announce that President and CEO, Jordan Trimble, will present at the Red Cloud Conference "Uranium: Fueling the Path Towards Electrification", which will take place virtually on May 13, 2021.\nMr.
  • Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison\'s Wheeler River project and 39 kilometres south of Cameco\'s McArthur River uranium mine.
  • Skyharbour now owns a 24.5% interest in the Project.
  • Skyharbour now owns a 15% interest in the Project.

Cameco reports first quarter results, Cigar Lake restart and the continued execution of strategy to support global clean-air transition

Friday, May 7, 2021 - 12:00pm

The slides and a webcast of the conference call will be available from a link at cameco.com.

Key Points: 
  • The slides and a webcast of the conference call will be available from a link at cameco.com.
  • Our competitive position is based on our controlling ownership of the world\xe2\x80\x99s largest high-grade reserves and low-cost operations.
  • Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors.
  • Our head office is in Saskatoon, Saskatchewan.\nAs used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated.\n'

Cameco Announces Election of Directors

Thursday, May 6, 2021 - 10:01pm

b'Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 6, 2021.\nShareholders elected board members Leontine Atkins, Ian Bruce, Daniel Camus, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson and Don Kayne.\nThe annual meeting also marked the retirement of Anne McLellan from the board after 15 years as a Cameco director.\n\xe2\x80\x9cAnne will be missed for her wealth of knowledge, work ethic, experience and collegial nature, and particularly for the corporate governance leadership she has brought to our board,\xe2\x80\x9d said Ian Bruce, Cameco\xe2\x80\x99s board chair.\n'

Key Points: 
  • b'Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 6, 2021.\nShareholders elected board members Leontine Atkins, Ian Bruce, Daniel Camus, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson and Don Kayne.\nThe annual meeting also marked the retirement of Anne McLellan from the board after 15 years as a Cameco director.\n\xe2\x80\x9cAnne will be missed for her wealth of knowledge, work ethic, experience and collegial nature, and particularly for the corporate governance leadership she has brought to our board,\xe2\x80\x9d said Ian Bruce, Cameco\xe2\x80\x99s board chair.\n'

Cameco Restarting Cigar Lake Mine in April

Friday, April 9, 2021 - 10:00pm

Production at Cigar Lake was temporarily suspended in December 2020 due to increasing risks posed by the Coronavirus (COVID-19) pandemic.

Key Points: 
  • Production at Cigar Lake was temporarily suspended in December 2020 due to increasing risks posed by the Coronavirus (COVID-19) pandemic.
  • Having Cigar Lake running is part of our strategy and it was always our intention to resume production, Gitzel said.
  • The Cigar Lake operation is owned by Cameco (50.025%), Orano Canada Inc. (37.1%), Idemitsu Canada Resources Ltd. (7.875%) and TEPCO Resources Inc. (5.0%) and is operated by Cameco.
  • The above scientific and technical information relating to the Cigar Lake uranium mining operation was approved by Lloyd Rowson, general manager, Cigar Lake, Cameco.

Forum Commences Gravity Survey on Its Wollaston Uranium Project, Saskatchewan

Wednesday, April 7, 2021 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum") has started a gravity survey on its Wollaston Uranium Project, located 10km south of Cameco's Rabbit Lake uranium mill and immediately east of the all-weather road to Orano's McClean Lake uranium processing plant.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum") has started a gravity survey on its Wollaston Uranium Project, located 10km south of Cameco's Rabbit Lake uranium mill and immediately east of the all-weather road to Orano's McClean Lake uranium processing plant.
  • "The gravity survey is designed to detect areas of alteration within north-south bends along a number of electromagnetic (EM) conductors on the project," stated Ken Wheatley, Forum's VP, Exploration.
  • "Alteration halos may be formed during the creation of uranium deposits along EM conductors.
  • In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt.