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Stallion Uranium Provides Update on Technology Data Acquisition Agreement
Globenewswire· 2025-07-10 20:53
VANCOUVER, British Columbia, July 10, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) announces that further to its news release of July 8, 2025, announcing that it had entered into a technology data acquisition agreement, the Company clarifies that the technology licensing agreement is dated effective July 7, 2025 and not April 24, 2025. For further information in respect of this transaction, please refer to the Company’s news release of J ...
Baselode-Forum: Aberdeen Project Drilling Underway
Newsfile· 2025-07-10 12:30
Toronto, Ontario--(Newsfile Corp. - July 10, 2025) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode") and Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum", together with Baselode, the "Parties") are pleased to announce that our drilling is underway on the Aberdeen Project (Figure 1).Key HighlightsExploration Plan: 18-25 drill holes planned and up to 7,000 m Target Areas: 10 high-priority target areas, first targets tested will be Loki and BjornLoki Grid: Drilling will follow up o ...
Urano Energy Strengthens Board of Directors with the Appointment of John Hamrick
Prnewswire· 2025-07-08 11:00
Core Insights - Urano Energy Corp has appointed Mr. John Hamrick as a Director of the Board effective July 3, 2025, bringing extensive experience in the uranium sector [1][2] - Mr. Hamrick has over 40 years of experience in metallurgy, environmental health and safety, and process optimization, particularly in uranium, copper, and tungsten milling operations [3][4] - The company granted Mr. Hamrick 400,000 stock options at a price of $0.10 CDN, with a vesting schedule over eighteen months [6] Company Background - Urano Energy is a mineral exploration company focused on advanced conventional uranium projects in the Colorado Plateau, an area with a significant history of uranium and vanadium mining [8] - The company is well-positioned to advance permitting for key projects as the demand for domestic uranium and nuclear energy in the United States increases [8] Leadership Transition - Alongside Mr. Hamrick's appointment, Trey Wasser and Lori Walton will transition from the Board of Directors to advisory roles, continuing their involvement with the company [7]
Can Pinyon Plain Mine Drive Energy Fuels' Next Phase of Growth?
ZACKS· 2025-07-07 14:05
Core Insights - Energy Fuels (UUUU) is enhancing its position in the uranium sector, with the Pinyon Plain mine in Arizona achieving significant production figures, producing 230,661 pounds of uranium in June and totaling 638,700 pounds for Q2, highlighting the company's commitment to increasing domestic uranium production [1][9] Production and Exploration - The Pinyon Plain mine boasts exceptional ore grades, averaging 3.51% in June and 2.23% for Q2, indicating it may become the highest-grade uranium deposit mined in U.S. history. Currently, only about 25% of the target zone is being mined, suggesting considerable exploration potential [2] - Recent drill results from the Juniper zone indicate the possibility of significant additional discoveries at the Pinyon Plain mine [2] Project Development - The company is expediting the permitting process for the Roca Honda project in New Mexico and has resumed efforts for the EZ Complex in northern Arizona, which consists of two "breccia pipe" deposits similar to Pinyon Plain. The Bullfrog Project in Utah has confirmed higher uranium resources, with indicated resources of 10.5 million pounds and inferred resources of 3.4 million pounds [3] - With its current operations and development pipeline, the company has the potential to produce up to 6 million pounds of uranium annually [4] Industry Context - Ur Energy (URG) operates the Lost Creek project in Wyoming with an annual capacity of 1.2 million pounds and has recently expanded operations at Shirley Basin, which will have a licensed capacity of 1 million pounds [5] - Uranium Energy (UEC) is in the exploration stage and has restarted uranium extraction at the Christensen Ranch Mine in Wyoming, with ongoing development programs for other projects [6][7] Financial Performance - Energy Fuels shares have increased by 20.3% this year, contrasting with an 11.1% decline in the industry [8] - The company is trading at a forward 12-month price/sales multiple of 13.48X, significantly higher than the industry's 3.01X [10]
Mustang Energy Corp. Receives Exploration Permit for 914W Uranium Project
Globenewswire· 2025-07-03 21:51
Core Viewpoint - Mustang Energy Corp. has received exploration permits from the Saskatchewan Government for the 914W Uranium Project, enabling ground-based exploration activities until April 30, 2028 [1][2]. Group 1: Exploration Permits - The permits include Crown Land Work Authorization, Aquatic Habitat Protection Permit, Forest Product Permit, and Temporary Work Camp Permit, allowing for activities such as trail construction, line-cutting, ground geophysical surveys, and diamond drilling [2]. - Mustang is committed to engaging with local communities to address concerns and ensure sustainable project implementation, prioritizing consultation and environmental stewardship [3]. Group 2: Project Details - The 914W Uranium Project covers 1,260 hectares and is located approximately 48 km southwest of Cameco's Key Lake Operation, providing favorable logistics via Highway 914 [5]. - The project is situated within the Western Wollaston Domain, known for uranium mineralization, and has shown promising geological features, including local graphite-bearing assemblages [5]. - Historical exploration has indicated significant uranium presence, with drill hole ML-1 encountering up to 1,288 ppm U and surface prospecting revealing up to 0.64% U3O8 at Don Lake Zone E [5]. Group 3: Company Background - Mustang Energy Corp. is focused on discovering and developing high-potential uranium and critical mineral assets, holding a portfolio of 147,153 hectares in Saskatchewan's Athabasca Basin [8]. - The company employs modern exploration techniques and a disciplined, data-driven approach to advance early-stage exploration [8].
Energy Fuels: Uranium Margin Advantage
Seeking Alpha· 2025-07-03 13:51
Group 1 - Energy Fuels Inc. (NYSE: UUUU) is initiated with a Strong Buy rating and a price target of $13, positioning it as the leading vertically integrated U.S. uranium producer with processing capabilities in vanadium and rare earths [1] - Moretus Research focuses on delivering high-quality equity research for serious investors, applying a structured framework to identify companies with durable business models and mispriced cash flow potential [1] - The research emphasizes rigorous fundamental analysis and a judgment-driven process, avoiding noise and overly complex forecasting, with valuation based on sector-relevant multiples tailored to each company's business model [1] Group 2 - Moretus Research aims to raise the standard for independent investment research by providing professional-grade insights and actionable valuation, focusing on underappreciated companies undergoing structural change or temporary dislocation [1]
Skyharbour’s Partner Company Mustang Energy Receives Exploration Permit for 914W Uranium Project Located in the Athabasca Basin, Saskatchewan
Globenewswire· 2025-07-03 12:00
Vancouver, BC, July 03, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that partner company Mustang Energy Corp. (“Mustang”) has received exploration permits from the Saskatchewan Government, allowing for ground-based exploration activities at the 914W Uranium Project (“the Project”) south of the Athabasca Basin, Saskatchewan. Mustang Energy may acquire a 75% interest in the Project by issuing common sha ...
Why Energy Fuels Stock Lit Up Today
The Motley Fool· 2025-07-02 19:33
Energy Fuels stock just struck it rich in Arizona.Energy Fuels (UUUU 8.96%) stock surged 10.5% through 2:30 p.m. ET Wednesday after investment bank Cantor Fitzgerald upgraded the uranium mining stock from "speculative buy" to just plain "buy."The banker also gave the shares a price target of $7.17, says TheFly.com. If correct, this implies Energy Fuels stock could gain another 13% over the next 12 months. Energy Fuels' big new mineCantor based its upgrade on a press release from Energy Fuels yesterday morn ...
Drill Rigs Set to Commence Major Exploration Program at Pine Ridge Uranium Project
Newsfile· 2025-07-02 11:30
Drill Rigs Set to Commence Major Exploration Program at Pine Ridge Uranium ProjectJuly 02, 2025 7:30 AM EDT | Source: Snow Lake Resources LtdWinnipeg, Manitoba--(Newsfile Corp. - July 2, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, announces that its 50/50 joint venture (the "Joint Venture") with Global Uranium and Enrichment Limited ("GUE"), has selected Single Water Services LLC ("Single Drilling") to ex ...
Snow Lake Secures Strategic Stake in Uranium Development Project in Wyoming's Powder River Basin
Newsfile· 2025-07-01 11:30
Snow Lake Secures Strategic Stake in Uranium Development Project in Wyoming's Powder River BasinJuly 01, 2025 7:30 AM EDT | Source: Snow Lake Resources LtdWinnipeg, Manitoba--(Newsfile Corp. - July 1, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, announces a cornerstone investment in GTi Energy Ltd. ("GTi Energy"), to advance its Lo Herma uranium project ("Lo Herma") through the next phase of drilling and f ...