Fission Uranium grows resource at Triple RDespite uranium prices at decade lows and three years of belt tightening, Fission Uranium (TSX: FCU; US-OTC: FCUUF) has managed to increase the indicated resource at its Triple R deposit by 8% and the overall resource by 30%.The updated resource estimate for Triple R was based on five zones, which extend 3 km in length on the company's Patterson Lake Sou...Read More

The camp at Wheeler River. (Image: The Northern Miner)SASKATCHEWAN - Toronto-based Denison Mines Corp. says the indicated mineral resource at the Wheeler River project has grown 88% with the latest updated numbers for the Gryphon uranium deposit. Wheeler River is located on the eastern edge of the Athabasca Basin. It is a joint venture of Denison (66.3% owner and operator), Cameco and JCU (Canada)...Read More

Location of Fission's Triple R deposit and other uranium projects in the Athabasca Basin. (Image: Fission Uranium)SASKATCHEWAN - Fusion Uranium, headquartered in Kelowna, B.C., is preparing to start a $9.4-million winter work program at its Patterson Lake South property in the Athabasca Basin. Roscoe Postle Associates will be the lead consultant for the study.An eight-hole winter drilling progra...Read More

Drill hole locations overlying resistivity data at the South Arrow zone, part of the Rook I uranium project. (Image: NexGen Energy)SASKATCHEWAN - Vancouver-based NexGen Energy has received assays for the final 31 holes in the South Arrow zone at its Rook I project in the Athabasca Basin.The results define South Arrow as shallow, sub-parallel stacked mineralized shears located about 400 metres...Read More

SASKATCHEWAN - Toronto's Denison Mines Corp. is ready to begin the pre-feasibility study for its Wheeler River uranium project in the Athabasca Basin. The company has engaged Stantec Consulting and Engcomp Engineering and Computing Professionals to lead and author the study. Hatch will assemble the mineral processing information, and Denison Environmental Services will handle that part.Drill cor...Read More

A longitudinal section of the PLS property including the Triple R deposit and multiple opportunities for expansion. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium Corp. of Kelowna, B.C., has received assays from three of the highest grade holes drilled to date at its Patterson Lake South project in the Athabasca Basin. The holes were drilled in the R780E zone as part of a metallurgical stu...Read More

SASKATCHEWAN - Vancouver-based NexGen Energy has reported assay results from 21 recent holes at its Arrow deposit, part of the Rook I property in the Athabasca Basin. Results for 28 holes at Arrow and 31 from South Arrow are pending.NexGen's Arrow is the largest undeveloped uranium resource in the Athabasca Basin. (Image: NexGen Energy)A3 infill drilling returned the best assay to date from the Ar...Read More

Every mining subsector has its unofficial leader. It's that company - usually with the largest market capitalization - that has arguably the best combination of top mineral deposits, superb operations, savvy management, high-quality workers, technical excellence, welcoming jurisdictions, a stable balance sheet and steady cash flow.And that is what's particularly distressing about the revelation in...Read More

Intergrown finchite and carnotite (yellow) with celestine (white/clear). (Image: Travis Olds, University of Nortre Dame)The U.S. Geological Survey has taken a look at parts of Texas, New Mexico and Oklahoma, and found there may be 40 million lb. of undiscovered uranium resources in the region. Geologists examined calcrete formations, which are well documented in Australia and Namibia, but this is...Read More

McArthur River is one of the world's highest grade, large uranium mines. (Image: Cameco Corporation)SASKATCHEWAN - Cameco Corp., one of the world's foremost uranium producers, says continued price weakness is forcing it to suspend operations at the McArthur River mine and Key Lake mill. The suspension will begin by the end of January 2018 and is expected to last 10 months.The workforces at McArthu...Read More

VANCOUVER - Canada's Cameco (TSX: CCO; NYSE: CCJ) is in damage control amidst the worst uranium market in over a decade. The company's underwhelming third-quarter results were plagued by a 20% year-on-year drop in spot U3O8 prices, and production delays at its Key Lake mine.Cameco reported an adjusted quarterly loss of US$50 million, or 13 ? per share, following the sale of 9.2 million lb. of u...Read More

Gryphon deposit plan map. (Image: Denison Mines)SASKATCHEWAN - Toronto-based Denison Mines, operator of the Wheeler River uranium project in the Athabasca Basin, says recent drilling has extended the new high grade unconformity-hosted mineralization up-dip and about 250 metres along strike to the northeast of the Gryphon deposit.Preliminary radiometric equivalent grades (eU3O8) from drill hole WR-...Read More

Map of South Arrow drill hole locations. (Credit: NexGen Energy)SASKATCHEWAN - NexGen Energy of Vancouver reports that the radioactivity results for 16 holes from the South Arrow discovery at the Rook I property are indicative of semi-massive to massive pitchblende mineralization. Significant off-scale radioactivity (10,000 to 61,000 cps) was recorded.NexGen has been conducting an aggressive ste...Read More

Map of the final summer drill holes at Waterbury Lake. (Credit: Denison Mines)SASKATCHEWAN - With the final summer drill holes, Toronto-based Denison Mines Corp. says it has extended the high grade Huskie zone at the Waterbury Lake uranium project in the Athabasca Basin. The high grade, basement-hosted mineralization has now been expanded to 100 metres along strike, and it remains open in both dir...Read More

SASKATCHEWAN - Fission Uranium of Kelowna, B.C., has drilled a new zone 2.3 km west of the R780E zone at its Patterson Lake South project on the south rim of the Athabasca Basin. Results of four holes on the new R1515W zone point to the widest, highest grade mineralization outside the Triple R deposit.Fission's exploration camp at the PLS project in Saskatchewan. (Credit: Fission Uranium)Of partic...Read More

Location of summer 2017 drill collars at the Waterbury Lake project. (Credit: Denison Mines)SASKATCHEWAN - Denison Mines of Toronto reports drilling 3.7% uranium oxide over 3.9 metres including 2.8% U3O8 over 1.8 metres during follow-up drilling at the new high grade basement discovery at Waterbury Lake in the eastern part of the Athabasca Basin. The assay came from a hole WAT17-446A about 50 me...Read More

Location of drill hole WAT-17-443. (Credit: Denison Mines)SASKATCHEWAN - Toronto's Denison Mines has made a new high grade discovery at the Waterbury Lake joint venture in the eastern part of the Athabasca Basin, adjacent to the Midwest property. Denison owns approximately 64% of the project and Korea Waterbury Uranium LP 36%.The new mineralization was intersected in basement rocks by the first ho...Read More

SASKATCHEWAN - Vancouver's NexGen Energy has received the maiden preliminary economic assessment for the Arrow deposit at its Rook I uranium project on the rim of the Athabasca Basin.Long section of the Arrow deposit at the Rook I project. (Credit: NexGen Energy)The after tax numbers include a net present value (8% discount) of $3.5 billion, an internal rate of return of 56.7%, and a payback of on...Read More

Map of Fission's Patterson Lake South project showing the Triple R deposit and new discover at R1515W discovery on the left. (Credit: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., has intersected the widest cumulative mineralization and some of the strongest radioactivity to date outside the Triple R uranium deposit. The results come from a pair of step out holes 1.5 km from the...Read More

SASKATCHEWAN - Vancouver-based NexGen Energy has made a new uranium discover 400 metres south of the Arrow deposit on the Rook I property in the Athabasca Basin.Isometric view of the Arrow and South Arrow resistivity anomalies. (Credit: NexGen Energy)The first two exploration holes of the summer program retuned off-scale radioactivity from the new zone, named South Arrow. The discovery hole - AR...Read More