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Strathmore Expands Agate Project With Strategic Claim Staking
TMX Newsfile· 2025-12-15 10:00
Kelowna, British Columbia--(Newsfile Corp. - December 15, 2025) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) ("Strathmore" or "the Company") is pleased to announce the expansion of the Agate Project with the addition of 24 staked mining claims. Agate is in the Shirley Basin Uranium District, central Wyoming, a burgeoning In-situ uranium producing area.Wyoming is the leading uranium producer in the U.S., with over 70 years of mining and over 250m lbs. of uranium produced. Cameco, Energy F ...
Initial Drilling at Coyote Basin Shows Radioactivity Correlating to Historical Drilling
TMX Newsfile· 2025-12-15 09:00
Core Insights - Homeland Uranium Corp. has provided an update on the Phase II exploration program at the Coyote Basin Uranium Project, which is fully owned by the company [1][12] Exploration Program Update - The first six of the planned 35 Reverse Circulation (RC) drillholes have been completed, totaling approximately 5,300 meters (17,000 feet) [2] - Drilling is focused on historical resource-bearing locations identified by previous operators and during the company's June mapping and prospecting program [2] Drilling Results - Downhole Spectral Gamma Ray readings from completed drill holes indicate near-surface elevated radioactivity at depths of 50 to 100 meters, correlating with previously identified mineralized horizons [3] - Hole CB-RC-0023 identified multiple zones of elevated radioactivity at depths between 220 and 320 meters (722 to 1,050 feet), which remain open for expansion [4] - Anomalous radioactivity is widely dispersed within shales, claystones, and fine-grained sandstones, suggesting potential for additional uranium mineralization between known horizons [5] Quality Assurance and Analysis - All drillholes are logged using a calibrated QL40 SGR Spectral Gamma Ray downhole probe, which collects continuous spectral gamma measurements [7] - Discrepancies between spectral gamma readings and XRF results indicate that additional geochemical and assay sampling will be necessary for accurate uranium grade determination [9] - Samples from each 5-foot interval of the drill holes have been collected for geochemical analysis and will be sent to SGS Laboratories for testing [10] Historical Resource Information - The Coyote Basin Project is reported to contain an estimated historical resource of 8,850,000 tons grading 0.20% U3O8, totaling approximately 35.4 million pounds of U3O8 [13] - The company is not treating the historical resource estimate as current mineral resources and emphasizes the need for further evaluation before classifying any resources [14]
Is CCJ Prepared to Offset McArthur River Losses With Cigar Lake Gains?
ZACKS· 2025-12-12 18:26
Core Insights - Cameco Corporation (CCJ) has reduced its 2025 uranium production outlook due to development delays at the McArthur River mine, which is the largest high-grade uranium mine globally [1][9] - The company's attributable uranium production for the first nine months of 2025 was 15 million pounds, reflecting a 13% year-over-year decline, with a significant 32% drop at McArthur River, partially offset by a 16% increase at Cigar Lake [2][9] - CCJ expects its share of uranium production from McArthur River to be between 9.8-10.5 million pounds in 2025, down from an earlier forecast of 12.6 million pounds, while the production estimate for Cigar Lake remains unchanged at 9.8 million pounds [3][4] Production and Operations - The Key Lake mill, which is the world's largest uranium mill, was shut down from September 3 to October 17 due to delays in transitioning to new mining areas at McArthur River, impacting third-quarter production [2] - Despite the challenges at McArthur River, strong performance at Cigar Lake and the McClean Lake mill is expected to help offset approximately 1 million pounds of the anticipated shortfall from McArthur River [4][9] Peer Performance - Energy Fuels produced approximately 465,000 pounds of uranium in the third quarter, with a year-to-date total of 1,245,000 pounds, and expects to mine between 875,000-1,435,000 pounds of contained uranium in 2025 [5][6] - Ur Energy is operating the Lost Creek project with an annual capacity of 1.2 million pounds and has received final approval for its expansion [7] Market Performance - CCJ shares have increased by 86.3% this year, outperforming the industry growth of 36%, the Zacks Basic Materials sector's growth of 29.8%, and the S&P 500's increase of 19.6% [8] - The Zacks Consensus Estimate for Cameco's earnings for fiscal 2025 indicates a year-over-year growth of 95.9%, while the estimate for 2026 implies growth of 55.6% [10] Valuation Metrics - CCJ is currently trading at a forward price-to-sales ratio of 16.66, significantly higher than the industry's ratio of 1.44 [11]
Stallion Uranium Announces Flow Through Financing
Globenewswire· 2025-12-12 12:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to announce that it is proceeding on a non-brokered private placement for gross proceeds of up to $4.55M, consisting of flow-through shares of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (eac ...
Bayridge Completes Acquisition of 51% Interest in the Baker Lake Uranium Project
Newsfile· 2025-12-12 02:10
Core Points - Bayridge Resources Corp. has completed the acquisition of a 51% interest in the Baker Lake Uranium Project located in the Kivalliq Region of Nunavut [1] - The acquisition involved the issuance of 5,599,998 common shares to the vendors, with no new control blocks created [2] - The Baker Lake Uranium Project consists of 83 contiguous claims covering 619 km², with exploration defining a 75 km unconformity and multiple uranium targets [5] Company Overview - Bayridge Resources Corp. is focused on advancing its portfolio of Canadian uranium projects, including the Baker Lake Uranium Project and a 40% interest in the Waterbury East project [5] - The Waterbury East project is located 25 km northeast of the Cigar Lake Mine and has identified a 7 km long conductivity corridor with potential uranium enrichment [5] Financial Considerations - The company plans to pay a finder's fee of up to $139,999.95 in connection with the acquisition [4] - The shares issued as consideration for the acquisition are subject to resale restrictions, which will last for a minimum of four months and one day after the distribution date [3]
Standard Uranium regains full ownership of Sun Dog project after option agreement ends
Proactiveinvestors NA· 2025-12-11 20:10
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Uranium Energy: Q1 Earnings Were Not Hugely Compelling, And Risk-Reward Looks Fair
Seeking Alpha· 2025-12-11 14:26
The stock of Uranium Energy Corporation ( UEC ), which comes across as a mid-cap proxy (market-cap of $6.75B) on the burgeoning Uranium fuel supply chain of North America, has experienced a reversal of fortunes inAnalyst’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 f ...
Generation Uranium Applauds ATHA Energy's Uranium Discoverys In The Angikuni Basin, South Of Generations YATH Project
Thenewswire· 2025-12-11 13:30
Vancouver, British Columbia – December 11, 2025 – TheNewswire - Generation Uranium Inc. (TSXV:GEN, OTCQB: GENRF) (the “Company” or “Generation”) is pleased to see Atha Energy’s success in exploration in the Angikuni Basin located south of the Companies Yath Project. Atha has now reported multiple discoveries at the RIB target area on November 20th and December 10, 2025.All exploration drill holes at the RIB zone intersected uranium mineralization, (Atha press release, Dec 10, 2025) with up to 5.55% U3O8. Th ...
Ur-Energy Announces Pricing of $100 Million Offering of 4.75% Convertible Senior Notes Due 2031
Accessnewswire· 2025-12-11 06:20
Core Viewpoint - Ur-Energy Inc. has announced a private placement of $100 million in 4.75% Convertible Senior Notes due 2031 to raise capital for project development and general corporate purposes [1] Group 1: Financial Details - The offering consists of $100 million aggregate principal amount of notes, with an additional option for initial purchasers to buy up to $20 million more during a 13-day period after issuance [1] - The notes are being offered to qualified institutional buyers under Rule 144A of the Securities Act of 1933 [1] Group 2: Use of Proceeds - A portion of the net proceeds from the offering will be used to purchase cash-settled capped calls to mitigate potential economic dilution, with a cap of 100% premium above the last reported sale price of Ur-Energy's common shares [1]
Myriad ups stake in Copper Mountain uranium project in Wyoming to 75%
MINING.COM· 2025-12-11 00:35
Looking south from the Canning deposit at Copper Mountain, Wyoming. Credit: Myriad Uranium Vancouver-based Myriad Uranium (CSE: M, : OTC: MYRUF) announced Wednesday that it has earned a 75% interest in the Copper Mountain uranium project in Wyoming by spending over $5.5 million on eligible expenditures under the property option agreement with Rush Rare Metals Corp.Myriad’s 75% interest and Rush’s 25% interest in the project are subject to certain underlying NSR royalties, the company said. In October, Myria ...