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Blue Sky Completes Geophysical Survey at Amarillo Grande Uranium Project & Identifies Anomaly at Ivana Gap Target for Drill Testing
Prnewswire· 2025-10-16 11:00
Core Insights - Blue Sky Uranium Corp. has completed an induced polarization geophysical survey at the Ivana Gap target, which is part of the Amarillo Grande Uranium-Vanadium Project in Argentina, indicating potential for mineralization [1][2][3] Geophysical Survey Results - The survey identified a 1,400-metre wide chargeability anomaly at a depth of 30 to 60 metres, suggesting a continuous redox front trend linking the Ivana Deposit and Ivana Central target [2][3] - The anomaly is interpreted to indicate the northerly extension of the REDOX front trend related to the Ivana Uranium-Vanadium deposit, highlighting Ivana Gap as a key area for further exploration [2][3] Future Exploration Plans - The results from the ET survey will guide the upcoming diamond drill program, which is scheduled to commence in the fourth quarter of 2025 [3][4] - The objective of the drilling is to trace the subsurface extent of the organic-rich sandstone/REDOX front between the Ivana Deposit and Ivana Central target [3] Joint Venture and Funding - The geophysical and drilling programs are funded by Ivana Minerales S.A., the joint venture company established to advance the Ivana Uranium-Vanadium Project [4] - Under the terms of the agreement, Ivana Minerales S.A. has the option to acquire up to a 100% interest in certain exploration targets at Amarillo Grande, subject to specific funding obligations [4][9] Technical Details of the Survey - The ET survey was conducted using a pole-dipole array with 15 m electrode spacing, covering a single 5-kilometre line [5][6] - The survey results show a broad chargeability anomaly interpreted as the REDOX front horizon signature, with additional smaller anomalies observed [6][7]
Western Uranium & Vanadium Announces Brokered LIFE Financing of $5 Million
Globenewswire· 2025-10-09 03:13
Core Viewpoint - Western Uranium & Vanadium Corp. has announced a bought deal private placement financing to raise approximately Cdn$5,000,000 through the issuance of 5,555,556 units at a price of Cdn$0.90 per unit [1] Group 1: Offering Details - Each unit in the offering consists of one common share and one common share purchase warrant, with the warrant exercisable at a price of Cdn$1.20 for a period of four and a half years [1] - The offering will be conducted under the listed issuer financing exemption (LIFE) in all provinces of Canada except Québec, and in certain other jurisdictions [2] - The closing of the offering is subject to necessary approvals, including compliance with Canadian Securities Exchange (CSE) requirements [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for various purposes, including: - Permitting of Mustang Mineral Processing Plant - Drilling, monitoring, and permitting for the San Rafael Uranium Project - Mine development and maintenance across the production portfolio - Permitting and baseline data collection for Topaz Mine - General corporate working capital, including administrative costs [4] Group 3: Company Overview - Western Uranium & Vanadium Corp. is focused on developing high-grade uranium and vanadium production, with ongoing projects in Colorado and Utah [7] - The company is currently licensing and developing the Mustang Mineral Processing Plant, which may utilize kinetic separation to enhance economic efficiency [7] - Western holds several resource properties, including the Sunday Mine Complex, its flagship property located in the Uravan Mineral Belt [7]
Anfield Receives Approval to List on NASDAQ
Globenewswire· 2025-09-17 11:00
Group 1 - Anfield Energy Inc. has received approval to list its common shares on The Nasdaq Capital Market, with trading expected to commence on September 18, 2025, under the symbol "AEC" [1][5] - The listing on NASDAQ is seen as a significant milestone for Anfield, enhancing its profile in the U.S. and providing greater visibility to a broader investor base [2][3] - Anfield holds extensive uranium and vanadium assets in the U.S., including the Shootaring Canyon mill, and is pursuing various production scenarios [3][4] Group 2 - The company is ramping up staffing in Colorado and Utah to advance multiple production-related initiatives, including mine construction at Velvet-Wood and a Q3 drill program at the JD-7 mine [4] - Anfield is committed to a hub-and-spoke production strategy, with 25 mining projects in its portfolio aimed at building a sustainable production pipeline [4] - Existing shareholders will be able to trade the shares on NASDAQ following the completion of the listing [4]