After several years of hibernation, the uranium market seems to be coming back to life. Uranium giants Cameco and Kazatomprom have announced they will scale back their uranium production rates to bring the supply in balance with the demand. On top of that, a new company, Yellowcake (listed on […]
ALX Uranium (ALX.V) is gearing up for a new exploration program at its uranium projects in Canada’s Athabasca Basin. At the Hook-Carter project, the company will be following up on the previous exploration results generated by the HeliSAM TEM survey when the company completed an airborne geophysical survey completing in […]
Here at Caesars we love the so-called “nearology” plays, and we have had some pretty good successes with that. Very few people will remember we added a C$6.8M market cap uranium company to our Mining Top 25 for 2010 and we think we were the very first one to highlight […]
ALX Uranium (AL.V) (formerly ‘Lakeland Resources’) has announced it has entered into an agreement with Cameco (CCO.TO, CCJ) whereby the latter will purchase some claims owned by ALX Uranium in the Patterson Lake Camp in Canada’s Athabasca Basin, one of the most prolific Uranium districts in the world. The claims […]
Azincourt Uranium (AAZ.V) has announced the final results from its summer exploration program at Patterson Lake North, where it’s currently earning into Fission 3.0’s (FUU.V) property. Hole 19 has encountered some low-grade uranium mineralization as 397ppm was found over approximately half a meter within a six meter interval. Two other […]
Azincourt Uranium (AAZ.V) has announced it closed a financing raising a total of C$1.65M of which C$1.3M was raised by issuing 4.3 million flow-through units at C$0.30 and C$350,000 in hard cash by issuing almost 1.4 million units at C$0.27 per unit. Every unit contained one half of a warrant […]
We sat down with Ted O’Connor, Azincourt’s CEO, to get an update on the exploration plans in Canada, the Peruvian acquisition and a background of Azincourt Uranium.