Orano Canada

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.

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 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.

Forum Announces $500,000 Private Placement and Stock Option Grant

Wednesday, February 24, 2021 - 1:30pm

Proceeds of the Offering will be used to incur qualifying expenses under the Income Tax Act on the Company's mineral exploration projects in Saskatchewan.

Key Points: 
  • Proceeds of the Offering will be used to incur qualifying expenses under the Income Tax Act on the Company's mineral exploration projects in Saskatchewan.
  • Forum has increased its budget for drilling at its 100% owned Love Lake Nickel/Copper/Platinum/Palladium project and will conduct exploration on its Wollaston and Northwest Athabasca Joint Venture uranium projects.
  • The Company also announces that, in accordance with the Company's Stock Option Plan, it has granted 100,000 options to Golden Oak Corporate Services Ltd., the company that provides the services of Dan O'Brien as its Chief Financial Officer.
  • 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.

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.

Cameco Temporarily Suspending Production at Cigar Lake Mine

Monday, December 14, 2020 - 2:00pm

We have had six positive tests at our northern operations in recent weeks, including three at Cigar Lake.

Key Points: 
  • We have had six positive tests at our northern operations in recent weeks, including three at Cigar Lake.
  • At the peak of production this fall, there were about 300 workers on-site at Cigar Lake.
  • 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.

Cameco Extends Production Suspension at Cigar Lake Mine and Withdraws Outlook

Monday, April 13, 2020 - 10:01pm

Cigar Lake ore is processed at Orano Canada Inc.s McClean Lake mill, which is also presently in care and maintenance.

Key Points: 
  • Cigar Lake ore is processed at Orano Canada Inc.s McClean Lake mill, which is also presently in care and maintenance.
  • Orano has also decided to extend the temporary production suspension at its McClean Lake mill.
  • 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.

Orano Canada Suspends Production at McClean Lake Mill

Monday, March 23, 2020 - 10:47pm

SASKATOON, Saskatchewan, March 23, 2020 (GLOBE NEWSWIRE) -- Orano Canada Inc. is suspending production at its McClean Lake uranium mill in northern Saskatchewan and putting the operation into care and maintenance in response to growing concern over the coronavirus (COVID-19) pandemic.

Key Points: 
  • SASKATOON, Saskatchewan, March 23, 2020 (GLOBE NEWSWIRE) -- Orano Canada Inc. is suspending production at its McClean Lake uranium mill in northern Saskatchewan and putting the operation into care and maintenance in response to growing concern over the coronavirus (COVID-19) pandemic.
  • The decision was made in conjunction with Camecos Cigar Lake mine decision to suspend production and the partners will continue to assess the situation and determine future action.
  • Orano Canada and its partners in the McClean Lake joint venture, in conjunction with Camecos Cigar Lake mine operation, will work to determine the restart date and conditions in due course.
  • Currently, approximately 160 employees are at the McClean Lake mill at one time, following a two weeks in, two weeks out schedule.