Orano

ALX Resources Corp. Receives Exploration Permit for Gibbons Creek Uranium Project, SK

Thursday, June 10, 2021 - 12:30pm

In 1959, Haymac Mines restarted mining and shipped 500 tons of high-graded ore to the Lorado Mill at Uranium City, SK.

Key Points: 
  • In 1959, Haymac Mines restarted mining and shipped 500 tons of high-graded ore to the Lorado Mill at Uranium City, SK.
  • Black Lake Uranium Project ("Black Lake"): Located adjacent to Gibbons Creek.
  • Owned 40% by ALX, with UEX Corporation ("UEX") holding a 51.426% interest and Orano Canada Inc. holding an 8.574% interest.
  • Forward-looking statements in this news release include: the Gibbons Creek Project ("Gibbons Creek") is prospective for uranium, gold, and PGE mineralization; the Company's plans to undertake exploration activities at Gibbons Creek, and expend funds on Gibbons Creek.

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.

Orano Canada Inc. (“Orano”) Completes First Earn-In Option and Forms Joint Venture with Skyharbour at the Preston Uranium Project

Friday, March 26, 2021 - 12:30pm

Orano previously held an option to acquire the interest through an option agreement entered into with Skyharbour and Dixie Gold Inc. (Dixie Gold).

Key Points: 
  • Orano previously held an option to acquire the interest through an option agreement entered into with Skyharbour and Dixie Gold Inc. (Dixie Gold).
  • In March 2017, Skyharbour signed an option agreement with Orano (formerly AREVA Resources Inc.) that provided Orano an earn-in option to acquire a majority working interest in the 49,653 hectare Preston Uranium Project (see also news release dated December 15, 2016).
  • Skyharbour has now entered into a joint venture partnership with industry-leader Orano Canada Inc. and has a joint venture partnership with Azincourt Energy.
  • Skyharbours Uranium Project Map in the Athabasca Basin:
    To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Companys website at www.skyharbourltd.com .

Forum Plans Uranium Exploration on Its Wollaston Project, Saskatchewan

Monday, March 22, 2021 - 12:30pm

Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is planning a gravity survey this April on its 11,067 hectare Wollaston Uranium Project.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is planning a gravity survey this April on its 11,067 hectare Wollaston Uranium Project.
  • The project is located 10km south of the Rabbit Lake uranium mill immediately east of the all-weather road to the Rabbit Lake and McClean Lake uranium processing plants.
  • Ken Wheatley, Vice President, Exploration stated, "Along with our exploration endeavors at Fir Island (uranium, funded by Orano), Janice Lake (copper, operated by Rio Tinto Canada Ltd) and Love Lake (nickel/PGM), the Wollaston Project is an important new addition to Forum's portfolio.
  • Forum staked the current claims less than a year ago based on 40+ years of uranium exploration experience in the selective identification of the highest potential conductive trends that remain untested or under-explored.

Forum Energy Metals to Exhibit at The 2021 PDAC Virtual Conference

Thursday, March 4, 2021 - 1:30pm

Forum is also participating in the One on One Meeting Program at the PDAC arranged through Precious Metals Summit Conferences on March 9 and 10.

Key Points: 
  • Forum is also participating in the One on One Meeting Program at the PDAC arranged through Precious Metals Summit Conferences on March 9 and 10.
  • Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects to be drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano Canada Inc. for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's number one rated mining province for exploration and development.
  • In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt.
  • For further information: www.forumenergymetals.com
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Uranium Royalty Corp. to Acquire Royalties on the World-Class McArthur River and Cigar Lake Mines in Saskatchewan, Canada

Thursday, February 11, 2021 - 11:00am

The production track-record of McArthur River and Cigar Lake demonstrates the true scale of these mines.

Key Points: 
  • The production track-record of McArthur River and Cigar Lake demonstrates the true scale of these mines.
  • As of the end of December 2020, the two mines have produced a total of ~418 Mlbs of U3O8, with 325 Mlbs from McArthur River and 93 Mlbs from Cigar Lake.
  • Status of the McArthur River and Cigar Lake Mines:
    McArthur River Mine is operated by Cameco in partnership with Orano.
  • Cigar Lake Mine is operated by Cameco in joint venture with Orano, Idemitsu Canada Resources Ltd., and TEPCO Resources Inc.

International Isotopes Inc. Announces a Collaboration With Laboratoire d'Etalons d'Activite (LEA) for Distribution of Calibration Sources in North America

Tuesday, February 9, 2021 - 3:05pm

RadQual has long been an established distributor of calibration and reference sources for the nuclear medicine industry.

Key Points: 
  • RadQual has long been an established distributor of calibration and reference sources for the nuclear medicine industry.
  • LEA, a wholly owned subsidiary of Orano, produces sources for control and calibration of equipment in the fields of radiation protection and metrology.
  • LEA products include a wide range of calibration sources, and LEA has been providing tens of thousands of these radioactive sources in France and abroad over the past 20 years.
  • Matthieu Crappier, Chief Executive Officer of LEA said, "LEA is glad to bring France's expertise in metrology and calibration sources to North America through a distribution partnership with International Isotopes and RadQual.

Purepoint Uranium Group Inc.: commences Drilling Program at Hook Lake

Thursday, January 28, 2021 - 11:30am

TORONTO, Jan. 28, 2021 /PRNewswire/ -Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today announced that drilling program at Hook Lake has begun.

Key Points: 
  • TORONTO, Jan. 28, 2021 /PRNewswire/ -Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today announced that drilling program at Hook Lake has begun.
  • Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson Uranium District, Saskatchewan, Canada.
  • The Sabre Target Area is situated on the northeastern portion of the Hook Lake Project, within the Patterson Lake Corridor.
  • The Hook Lake JV Project is on trend with recent high-grade uranium discoveries including Fission Uranium's Triple R Deposit, NexGen's Arrow Deposit and the Hook Lake JV's Spitfire discovery.

Drill Mobilization Commences at Forum's Fir Island Uranium Project

Wednesday, January 20, 2021 - 1:30pm

This program is operated by Forum and funded 100% by Orano Canada Ltd. (formerly AREVA Resources Canada Ltd.).

Key Points: 
  • This program is operated by Forum and funded 100% by Orano Canada Ltd. (formerly AREVA Resources Canada Ltd.).
  • A temporary camp will be established on the island to minimize the commute to the drill site and to minimize contact with the local communities to comply with the current Covid restrictions.
  • In addition, Forum has a portfolio of seven drill ready uranium projects in the Athabasca Basin and a strategic land position in the Idaho Cobalt Belt.
  • For further information: www.forumenergymetals.com
    Figure 1: Target Areas on the Fir Island Project.