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Azincourt Energy Commences Initial Work Program on the Harrier Uranium Project
Newsfile· 2025-08-13 07:01
Core Viewpoint - Azincourt Energy Corp. has initiated an introductory work program on the Harrier Uranium Project in Labrador, Canada, which is strategically located in a promising uranium region [2][3]. Company Overview - Azincourt Energy Corp. is a Canadian resource company focused on the acquisition, exploration, and development of alternative energy projects, including uranium and lithium [15]. Project Details - The Harrier Project encompasses 49,400 hectares across five license groups, making it one of the largest land positions in the Central Mineral Belt [3][7]. - The project includes the Snegamook deposit and is adjacent to significant uranium projects by Atha Energy and Paladin Energy, positioning Azincourt at the center of a growing uranium camp [3][7]. Geological and Mineralization Insights - The Harrier Project features over a dozen known uranium mineralization zones, with surface rock samples showing grades up to 7.48% U₃O₈, and 10 zones exceeding 1% U₃O₈ [4][7]. - Historical drilling has been limited, with only 124 drill holes completed, indicating substantial potential for new discoveries using modern exploration techniques [4][7]. Work Program Objectives - The introductory work program will last up to three weeks and includes helicopter-supported reconnaissance of existing uranium occurrences and prospecting of identified radiometric anomalies [5]. - The aim is to expand the target inventory and prepare high-priority targets for diamond drilling, particularly focusing on the Snegamook Uranium Deposit [5][6]. Future Plans - An updated NI 43-101 compliant resource estimate for the Snegamook Zone is planned for 2026, following historical drilling that identified significant uranium mineralization [6][7]. Industry Context - The Central Mineral Belt is recognized as one of Canada's most underexplored yet highly prospective uranium regions, with increasing interest due to the global demand for secure uranium supplies [11][13]. - The region hosts multiple large-scale uranium discoveries, including Paladin Energy's Michelin Project, highlighting its exceptional uranium endowment [12].
Cameco Posts Q2 Earning Beat: A Compelling Reason to Buy the Stock?
ZACKS· 2025-08-12 18:26
Key Takeaways Cameco's Q2 revenues rose 47% to $634M, with uranium sales up 40% year over year.Adjusted EPS surged 410% to $0.51 on higher Westinghouse equity earnings.2025 uranium revenue forecast raised to CAD 2.8-3.0B, with higher realized prices expected.Cameco (CCJ) reported impressive second-quarter 2025 results, with revenues climbing 47% year over year to $634 million (CAD 877 million) and adjusted earnings per share surging 410% to $0.51 (CAD 0.71). Both metrics exceeded the Zacks Consensus Estimat ...
E-Tech Resources Issues Corporate Update on Eureka Project with Licence Transfer Submission and Nuclear Fuels Designation
Newsfile· 2025-08-12 12:51
E-Tech Resources Issues Corporate Update on Eureka Project with Licence Transfer Submission and Nuclear Fuels DesignationAugust 12, 2025 8:51 AM EDT | Source: E-Tech Resources Inc.Halifax, Nova Scotia--(Newsfile Corp. - August 12, 2025) - E-Tech Resources Inc. (TSXV: REE) (FSE: K2i) ("E-Tech" or the "Company") is pleased to provide a corporate update on recent developments at its Eureka Project in Namibia.The Company has submitted the transfer of Exclusive Prospecting Licence (EPL 8748) to a n ...
Critical One Announces $2.0 Million Non-Brokered Private Placement
Globenewswire· 2025-08-11 21:29
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that it has arranged a private placement financing consisting of the sale of up to 3,400,000 units (the “Units”) in the capital of the Company at a price of CDN$0.60 per Unit for aggregate gross proceeds of up to CDN$2,040,000 (the ...
Critical One Announces $2.0 Million Non-Brokered Private Placement
GlobeNewswire News Room· 2025-08-11 21:29
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that it has arranged a private placement financing consisting of the sale of up to 3,400,000 units (the “Units”) in the capital of the Company at a price of CDN$0.60 per Unit for aggregate gross proceeds of up to CDN$2,040,000 (the ...
CEO.CA's Inside the Boardroom: Appia CEO Details Multi-Project Strategy- Brazil Rare Earths to Athabasca Basin Uranium
Newsfile· 2025-08-08 17:09
CEO.CA's Inside the Boardroom: Appia CEO Details Multi-Project Strategy- Brazil Rare Earths to Athabasca Basin UraniumAugust 08, 2025 1:09 PM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - August 8, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free finan ...
Should You Buy, Hold or Sell UUUU Stock Post Q2 Earnings?
ZACKS· 2025-08-08 16:55
Key Takeaways UUUU posts wider Q2 loss but outlines ambitious growth plans and lower cost targets through 2026.Lower uranium sales and surging development costs caused Energy Fuels' earnings miss and margin pressure.Lower uranium sales and surging development costs caused UUUU's earnings miss and margin pressure.Energy Fuels (UUUU) reported second-quarter 2025 results on Aug. 6, which fell short of expectations and also declined from the prior-year quarter. The company reported a loss of 10 cents, wider tha ...
Uranium bulls reignite hopes as tight supply meets global energy demand
Proactiveinvestors NA· 2025-08-08 14:48
Uranium is getting its second wind. With global energy policy tilting firmly toward nuclear, investor demand climbing, and supply still limping from years of underinvestment, bullish voices are getting louder. Sprott, the world’s largest uranium-focused investor, has reaffirmed its optimistic stance, predicting long-term price appreciation and flagging demand growth that UBS says has fundamentally shifted. "Sprott estimates demand has gone from around zero percent per annum five years ago to 3–4% per annum ...
American Lithium Announces Management Change
Globenewswire· 2025-08-08 11:00
VANCOUVER, British Columbia, Aug. 08, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces the appointment of Gregory Barbier as Chief Financial Officer (CFO) effective August 7, 2025, succeeding Paul Charlish. Mr. Barbier has more than fifteen years of experience in financial reporting, budgeting, financial planning, and cost analysis in multiple industries and countries. Prior to joining American Lithium Corp. in October ...
Denison Reports Financial and Operational Results for Q2 2025, Highlighted by Return to Uranium Production at McClean Lake and Provincial Approval of Wheeler River Environmental Assessment
Prnewswire· 2025-08-08 03:08
Core Insights - Denison Mines Corp. has achieved significant milestones in uranium production and project development, particularly at the McClean Lake and Wheeler River projects, indicating a productive summer for the company [1][2][3] Group 1: Production and Operations - The McClean North SABRE mine commenced mining operations in June 2025, marking Denison's return to uranium production [2][6] - Approximately 250 tonnes of high-grade ore were recovered from the first mining cavity at McClean North, with processing starting in July 2025 [6] - The company anticipates further updates on the McClean Lake Joint Venture's production results in upcoming quarters [2] Group 2: Regulatory Approvals and Project Development - Denison received Ministerial Approval for the Environmental Assessment for the Wheeler River project, a crucial step towards commencing construction of the Phoenix In-Situ Recovery mine [3][7] - The Canadian Nuclear Safety Commission has scheduled public hearings for the Wheeler River project to obtain federal approvals, with construction expected to begin after a final investment decision in the first half of 2026 [8][9] Group 3: Exploration and Resource Expansion - Positive exploration results were reported at the Gryphon deposit, with additional high-grade mineralization identified beyond previously defined areas [4][11] - A successful delineation drill program at Gryphon confirmed geological interpretations and intersected uranium grades in line with expectations [12] Group 4: Economic Assessments - A Preliminary Economic Assessment for the Midwest Joint Venture's Midwest Main deposit indicates a potential all-in cost of production among the lowest in the world, with an internal rate of return exceeding 80% and a net present value of over $240 million attributable to Denison [5][13]