Drill holes are reported that returned significant zones of uranium mineralization with >2 ft thickness at or above a grade cut-off of 0.02 per cent eU3O8. % eU3O8 is a measure of gamma intensity from a decay product of uranium and is not a direct measurement of uranium. Numerous comparisons of eU3O8 and chemical assays of Powder River Basin core samples indicate that eU3O8 is a reasonable indicator of the actual uranium [...]
Nuclear Fuels Inc. announced the third set of drill results from its continuing drill program at its Kaycee Uranium Project in Wyoming's Powder River Basin. The drilling, designed to confirm and expand the historic resource at the historic Saddle deposit, reports 8 holes containing significant uranium intercepts and with 4 uranium intercepts suitable for In-Situ Recovery extraction technology. 94% of drill holes [...]
Nuclear Fuels announced today, effective immediately, the Company has commenced trading on the OTCQX under the symbol "NFUNF." Upgrading to the OTCQX Market is an important step to provide transparent trading for investors in the United States. Nuclear Fuels will continue to trade in Canada on the Canadians Stock Exchange under the symbol "NF." About OTC Markets Group Inc. The OTC Markets Group Inc. operates regulated [...]
Nuclear Fuels announced the second set of drill results from its continuing drill program at its Kaycee Uranium Project in Wyoming's Powder River Basin. The drilling, designed to confirm and expand the historic resource at the Saddle zone reports 4 holes containing multiple uranium intercepts of ore-grade thickness which is potentially amenable for In-Situ Recovery extraction technology. Additionally, a new and deeper [...]
Nuclear Fuels announced initial results from the first 12 holes of its drill program designed to confirm and expand the historic resource at its Kaycee Uranium Project in Wyoming's Powder River Basin. 5 holes contain high-grade uranium mineralization suitable for In-Situ Recovery extraction technology. ISR technology extracts uranium in a non-invasive process through the use of natural groundwater and oxygen, coupled with [...]
Nuclear Fuels Inc. announced today that the Company has expanded its Wyoming uranium holdings with the staking of the Bobcat Uranium Project located in the Shirley Basin. The Bobcat Uranium Project hosts a historic resource of 474,309 lbs. of uranium*. Highlights: The Bobcat Uranium Project includes over 1,600 acres of mineral rights covering a mineralized roll front and is open to expansion; In the early 1980's the main [...]
Nuclear Fuels Inc. announced today that Nuclear Fuels has expanded its Kaycee Uranium Project by over 25%. Newly acquired historic drill hole data led to the increase of its property holdings by more than 7 miles along trend. The Kaycee Project, in Wyoming's prolific Powder River Basin now extends more than 33-miles along trend with over 110 miles of identified roll fronts and consists of more than 42 square miles of [...]
Nuclear Fuels Inc. announced that the Company has mobilized for the first phase of its fully-funded 200 hole rotary drill program at the Kaycee Project in Wyoming's Powder River Basin. The drill program is focused on validating historic uranium drill intersections and expanding known mineralization at depth, along trend, and on other high priority targets on the Kaycee Project. Nuclear Fuels is solely focused on [...]
Nuclear Fuels announced today it received final approval from the CSE for the listing of the Company’s common shares. At the market opening today, the common shares will commence trading on the CSE under the symbol “NF”. In connection with the CSE listing, the common shares of Uravan Minerals Inc. were delisted from the TSXV on July 7, 2023. As a result of the time of listing on the CSE and closing of the transaction with [...]
Uravan Minerals Inc. held its Annual General and Special Meeting of shareholders on May 23, 2023, for the financial year ended December 31, 2022 . At the Meeting the shareholders passed, among other things, an ordinary resolution approving the Company's acquisition of Nuclear Fuels Inc. as contemplated in the Business Combination Agreement dated April 19, 2023, announced in a press release May 8, 2023. Summary of the [...]
Uravan Minerals Inc. is pleased to announce that further to its news release dated March 2, 2023, the Company has entered into a definitive business combination agreement dated April 19, 2023 with Nuclear Fuels Inc. , pursuant to which the Company has agreed to acquire all of the outstanding shares of Nuclear Fuels in exchange for 41,750,225 post-consolidated common shares of the Company . It is expected that shareholders [...]
Further to Uravan Minerals Inc.'s recent acquisition of Prime Fuels Corp and Prime's 100% owned LS mining claim group, plans consist of conducting a 3D seismic survey on the LS claims to establish off-set drill targets to existing uranium mineralization. Uravan is also considering applying other remote sensing techniques developed and used successfully on its previously owned Athabasca Basin uranium projects . In a [...]
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