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Foremost Clean Energy Advances Murphy Lake South Uranium Project with Ambient Noise Tomography Survey Ahead of Drilling
Globenewswire· 2025-07-21 10:30
Core Insights - Foremost Clean Energy Ltd. has engaged Caur Technologies Inc. to conduct an ambient noise tomography survey on its Murphy Lake South Uranium Property in the Athabasca Basin, aiming to refine exploration targets and generate new ones [1][3] - The demand for nuclear energy is increasing, with significant investments in new reactors and a projected annual deficit of 67 million pounds U₃O₈ in the U.S. by 2035, positioning Foremost to capitalize on this trend [2][5] - The ANT technology is expected to enhance exploration efforts by detecting geological features linked to uranium mineralization, with drilling planned to commence after the survey [3][8] Company Developments - Foremost is advancing high-potential uranium projects in Saskatchewan, leveraging its collaboration with Denison Mines Corp. to enhance developmental timelines [4][10] - The Murphy Lake South Project spans 17,676 acres and is strategically located near significant uranium deposits, with historical drilling indicating promising mineralization [6][10] - The company plans to initiate a Phase 1 diamond drilling program following the ANT survey, targeting areas within 200–350 meters of the surface [8] Industry Context - The nuclear energy sector is experiencing unprecedented growth, driven by new reactor developments and substantial investments in clean energy [2] - The Athabasca Basin is recognized for its rich uranium deposits, making it a focal point for exploration and development in the uranium market [10] - The innovative SABRE mining method recently launched by Denison and Orano Canada highlights the region's production potential and the importance of advanced technology in unlocking high-grade uranium deposits [5]
Denison Announces Additional High-Grade Uranium Mineralization Discovered at McClean South
Prnewswire· 2025-07-21 10:30
TORONTO, July 21, 2025 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that several significant new intercepts of shallow high-grade uranium mineralization have been discovered at the McClean South zone ("McClean South"), which is part of the Company's 22.5%-owned McClean Lake Joint Venture ("McClean Lake" or "MLJV") in northern Saskatchewan (see Figure 1). PDF Version Orano Canada Inc. ("Orano Canada"), the 77.5% owner and operator of t ...
Uranium American Resources closes $3.5M funding for US uranium push
Proactiveinvestors NA· 2025-07-18 20:16
Uranium American Resources Inc. (OTC:TNGL) earlier this week said it has secured $3.5 million in funding to advance its planned acquisition and development of uranium assets in the western United States. CEO William Hunter told investors that the financing will support the completion of an $8.5 million transaction to acquire JAG Minerals. The assets include projects in Utah, Wyoming, and Colorado. Proactive: Give people a bit of background on the company itself. It's a company that's really moving forward h ...
Stallion Uranium Completes Shares for Debt
Globenewswire· 2025-07-18 17:27
VANCOUVER, British Columbia, July 18, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that, further to its news release dated May 22, 2025, the Company has settled its outstanding debt with Atha Energy Corp. (“Atha”) on July 16, 2025 and issued 802,809 common shares of the Company to Atha at a deemed price of $0.135 per share. About Stallion Uranium Corp. Stallion Uranium is working to ‘Fuel the Future with Uranium’ t ...
Jim Cramer Says AMD Is 'Going In The Right Direction'
Benzinga· 2025-07-18 12:11
In a financial landscape characterized by volatile energy markets and a tech sector in flux, investment guru Jim Cramer‘s latest recommendations on CNBC’s “Mad Money Lightning Round” reflect keen insights into both traditional and emerging industries.On Thursday, Cramer recommended buying ConocoPhillips COP.Supporting his view, Piper Sandler analyst Ryan Todd maintained a ConocoPhillips rating of Overweight on July 15 and raised the price target from $113 to $123.When asked about Advanced Micro Devices AMD, ...
Snow Lake Advances Uranium Projects in Wyoming and Namibia in Support of U.S. Policies on National & Energy Security
Newsfile· 2025-07-18 11:30
Snow Lake Advances Uranium Projects in Wyoming and Namibia in Support of U.S. Policies on National & Energy SecurityJuly 18, 2025 7:30 AM EDT | Source: Snow Lake Resources LtdWinnipeg, Manitoba--(Newsfile Corp. - July 18, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, provides an update on progress at its uranium projects in Wyoming and Namibia, together with how the exploration and development of such proje ...
URNM: Access To The Uranium/Nuclear Thematic Comes With Complications
Seeking Alpha· 2025-07-17 14:45
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This writing is for informational purposes only. All opinions expressed herein are not investment reco ...
Orano Canada and Denison Announce SABRE 1st Production at McClean Lake
Prnewswire· 2025-07-17 10:30
SASKATOON, SK, July 17, 2025 /PRNewswire/ - Orano Canada Inc. ("Orano Canada") and Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN), as joint-venture partners in the McClean Lake Joint Venture ("MLJV"), are pleased to announce the successful start of uranium mining operations using the joint venture's patented Surface Access Borehole Resource Extraction ("SABRE") mining method. Orano Canada owns a 77.5% interest and is the operator of the MLJV and Denison owns a 22.5% interest. View PDF versi ...
Geochemical Assays Return Uranium Grades Up To 85.4% U3O8 at CanAlaska's Pike Zone
Newsfile· 2025-07-17 09:30
Geochemical Assays Return Uranium Grades Up To 85.4% U3O8 at CanAlaska's Pike ZoneJuly 17, 2025 5:30 AM EDT | Source: CanAlaska Uranium Ltd.Drillhole WMA079-01 Intersected 8.6 Metres at 34.59% U3O8; Including 5.5 Metres at 53.90% U3O8Drillhole WMA076-01 Intersected 14.8 Metres at 14.71% U3O8; Including 5.4 Metres at 39.67% U3O8Saskatoon, Saskatchewan--(Newsfile Corp. - July 17, 2025) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to rep ...
Energy Fuels Stock Soars As DOE Launches Domestic Nuclear Fuel Initiative
Benzinga· 2025-07-16 20:22
The U.S. Department of Energy announced a pivotal new program to resurrect America’s nuclear fuel supply chain, a development that potentially places domestic uranium producer Energy Fuels Inc UUUU in a favorable position.What To Know: The DOE on Wednesday issued a Request for Application inviting qualified U.S. companies to build and operate nuclear fuel production lines. This initiative aims to eliminate U.S. reliance on foreign enriched uranium and fuel the nation’s advanced reactor development.Energy Fu ...