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ATHA Energy Makes Major New Discovery Along the Rib Corridor; Drills Best Exploration Hole to Date at The Angilak Uranium Project Intersecting 26.3 M of Composite Uranium Mineralization
Accessnewswire· 2025-09-23 11:00
Core Insights - A major new discovery has been made within the Mineralized RIB Corridor (MRC), specifically the RIB North Discovery, located approximately 1.4 km from the nearest drillhole at the RIB East Discovery [1] - The first drillhole at RIB North, RIBN-DD-001, has yielded the most robust mineralized intersection to date within the MRC and is considered one of the most significant intersections within the Angilak Uranium Project [1] - Drillhole RIBN-DD-001 intersected a total of 26.3 meters of composite uranium mineralization, including 1.9 meters of high-grade mineralization, across over 10 zones from 345.55 meters to 460.05 meters [1] - The hole featured 13.6 meters of continuous mineralization from 426.25 meters to 439.85 meters, which included 1.7 meters of high-grade mineralization with a maximum radioactivity of 55,730 counts per second (CPS) [1] - Mineralization was initially encountered directly above the unconformity at 356.7 meters, extending into graphitic basement rock [1]
GoviEx Uranium Submits Environmental and Social Impact Assessment for Muntanga Project
Newsfile· 2025-09-23 10:00
Core Viewpoint - GoviEx Uranium Inc. has submitted the Environmental and Social Impact Assessment (ESIA) for its Muntanga Uranium Project in Zambia, marking a significant step in the project's development and permitting process [1][2][3] Project Development - The ESIA submission follows a draft that received no objections from the Zambia Environmental Management Agency (ZEMA), allowing GoviEx to proceed with the filing [2] - Approval of the ESIA is expected to take up to six months and is crucial for obtaining an Environmental Permit [3] - The ESIA is being reviewed alongside the Resettlement and Compensation Action Plan (RCAP), ensuring integration of environmental and social considerations [3] Financial Metrics - The Muntanga Project is designed as a shallow open-pit, heap leach operation with a projected mine life of 12 years, low operating costs, and strong financial returns [4] - A positive Feasibility Study indicated an after-tax NPV at 8% of USD 243 million and an IRR of 20.8% based on a uranium price of USD 90 per pound U3O8 [4] Corporate Strategy - GoviEx is undergoing a reverse takeover with Tombador Iron Limited, which will lead to a rebranding as Atomic Eagle Ltd and listing on the Australian Securities Exchange (ASX) [3] - This transaction aims to strengthen the company's balance sheet and enhance its capacity to advance the Muntanga Project [3]
Global Uranium Corp. Closes LIFE Offering for C$1,500,000
Globenewswire· 2025-09-22 21:59
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | FRA: Q3J) (the “Company”) announces that it has closed its previously announced non-brokered private placement of 10,000,001 units of the Company (each, a “Unit”), at a price of C$0.15 per Unit, for gross proceeds of C$1,500,000 (the “Offering”). Each Unit is comprised of one common share in the capital of the Company (each, ...
Global Uranium Corp. Closes LIFE Offering for C$1,500,000
Globenewswire· 2025-09-22 21:59
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | FRA: Q3J) (the “Company”) announces that it has closed its previously announced non-brokered private placement of 10,000,001 units of the Company (each, a “Unit”), at a price of C$0.15 per Unit, for gross proceeds of C$1,500,000 (the “Offering”). Each Unit is comprised of one common share in the capital of the Company (each, ...
Aventis Energy confirms ‘strong' radioactivity in exploration at Corvo Uranium Project
Proactiveinvestors NA· 2025-09-22 12:38
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Aventis Energy Confirms Strong Radioactivity During Successful Exploration Program at the Corvo Uranium Project
Globenewswire· 2025-09-22 12:00
VANCOUVER, British Columbia, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Aventis Energy (“Aventis” or the “Company”) (CSE:AVE | FRA:C0O0 | OTC: VBAMF) is pleased to announce an update from its 2025 exploration program at the Corvo Uranium Project (“Corvo”, or the “Project”), currently under a three-year earn-in option agreement with Standard Uranium Ltd. (“Standard”) (CSE: STND). From July 4 to July 16, 2025, the Company completed a detailed mapping and sampling program across historical uranium showings and zones o ...
F4 Identifies New Conductive Trends at Wales Lake
Newsfile· 2025-09-22 08:30
Core Viewpoint - F4 Uranium Corp. has identified three new conductive trends at the Wales Lake West Property following a comprehensive airborne VTEM survey, indicating significant exploration potential in the region [1][5]. Group 1: Project Overview - The Wales Lake Project spans 40,113 hectares and includes both Wales Lake East and Wales Lake West properties, which are 100% owned and drill-ready with strong conductor targets [5]. - The project is located in the western Athabasca Basin, approximately 20 km southwest of Paladin's Triple R uranium deposit and 28 km southwest of Nexgen Energy's Arrow deposit, highlighting its strategic position near significant uranium discoveries [1][5]. - The area has been significantly underexplored, with only two historic drill holes, suggesting substantial potential for new discoveries [5]. Group 2: Exploration Strategy - The company plans to utilize the complete airborne VTEM coverage to select areas of enhanced conductivity for further exploration, including ground truthing and drill testing [2]. - Previous drilling efforts during the summer program intersected graphitic structures, and the company aims to replicate this success in the southern portion of the Wales West Property [2]. Group 3: Industry Context - The Wales Lake Project is situated near several recent uranium discoveries, including F3 Uranium's JR and Tetra Zones, and Paladin Energy's Saloon area, which underscores the area's potential for further uranium exploration [5][9]. - F4 Uranium Corp. is part of a lineage of successful uranium exploration in the Athabasca Basin, with a portfolio of 17 wholly owned properties totaling approximately 157,000 hectares [9].
Homeland to Acquire Historical Uranium Resources at Skull Creek
Newsfile· 2025-09-22 08:00
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce that it has entered into an agreement to acquire the Skull Creek Uranium Project ("Skull Creek" or 'the Property") in Moffat County, Colorado. Skull Creek is located adjacent to the Company's Red Wash Project and is approximately 20 miles (33 km) west of Homeland's flagship Coyote Basin Uranium Project (see Figure 1). The Prop ...
4 Stocks Riding a Trillion-Dollar Government Spending Spree
Investor Place· 2025-09-21 16:00
Government Spending Initiatives - The Biden administration passed the Inflation Reduction Act in August 2022, authorizing $783 billion for energy and climate change, and the CHIPS Act, which allocated $280 billion for the semiconductor industry [2] - The Department of Defense announced a $400 million investment in MP Materials Corp. to secure rare earth materials, leading to a doubling of the company's shares [3] - The Trump administration's spending initiatives are expected to continue, with trillions more in government dollars projected to flow into private businesses to counter Chinese competition [4] Industry Opportunities - The AI sector is poised to benefit from government support, with companies like Oracle Corp. and Alphabet Inc. already experiencing gains due to lower regulation, while AI chip designers like Nvidia Corp. and Advanced Micro Devices Inc. are becoming key players in the AI economy [6] - The energy sector is also receiving significant government backing, with estimates of up to $17.9 billion in support for the fossil fuel industry over the next decade [10] - The uranium industry is set for growth as the U.S. government aims to enhance domestic nuclear-fuel supply chains, with companies like Uranium Energy Corp. and Energy Fuels Inc. positioned to benefit [11][14] National Defense Sector - National defense companies are expected to receive the largest share of government funding, consuming 27% of the federal budget, with projects like the "Golden Dome" potentially costing $831 billion over two decades [15][16] - Ondas Holdings Inc. is highlighted as a fast-growing firm in the defense sector, with expected revenue growth from $27 million this year to $123 million by 2027 due to its innovative drone technology [18][17] Market Dynamics - Not all companies will benefit equally from government spending; for instance, healthcare firms have seen declines despite earlier promises of support [19] - The cryptocurrency sector remains volatile, with some companies like Coinbase Global Inc. benefiting from lower regulations, while others struggle without government backing [20]
CLSA Bullish on Cameco (CCJ) as Uranium Producer Benefits From Long-Term Reactor Growth
Yahoo Finance· 2025-09-21 08:11
Core Viewpoint - Cameco Corporation (NYSE:CCJ) is recognized as a top fast growth stock, driven by increasing demand for nuclear energy, which supports its profit margins [1] Group 1: Company Overview - Cameco Corporation specializes in the exploration, mining, refining, conversion, and manufacture of uranium concentrate, serving the global nuclear energy industry through its Uranium and Fuel Services divisions [3] Group 2: Market Position and Ratings - CLSA initiated an Outperform rating on Cameco Corporation with a price target of $102, highlighting the favorable market conditions for uranium producers due to the longevity of nuclear reactors [1] - The company has received praise for its strong environmental, social, and governance (ESG) performance, reflecting its commitment to holistic corporate actions [2] Group 3: Potential Risks - Possible threats to Cameco's optimistic outlook include the risk of a nuclear accident affecting the industry, operational challenges specific to the company, and geopolitical concerns [2]