We've pleased to confirm that we have completed the acquisition of the Carter Uranium Project and a A$2.52 million share placement to advance exploration activities at Carter. The Carter Uranium Project is located on the northern outer rim of the prolific Powder River Basin in the USA and is host to significant historic uranium resources. The Project is within 250 kilometres of six (6) permitted ISR uranium production facilities. The Project was intensely explored by numerous major mining and energy companies during the late 1970s and early 1980s. Kerr McGee, one of the largest uranium producers during this era, in its joint venture with Chevron, was particularly active in the area and drilled thousands of reconnaissance and closer-spaced delineation holes on, and around, Recharge’s Project. The Carter Uranium Project hosts a significant amount of uranium mineralisation with the deposits extending over a strike extent of approximately 11 kilometres. The Acquisition was completed today on the terms outlined previously in the Company’s announcement dated 29 October 2024. 🗞️Read the full ASX announcement here: https://lnkd.in/g8UYHNqD #REC #RechargeMetals #uranium #acquisition #USA #ASXnews
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UVRE Limited Jumps into South Australia’s Uranium-Rich Frome Basin with Strategic Acquisition (ASX: UVA) Uvre’s Managing Director, Peter Woods, expressed his enthusiasm for the acquisition, stating, ”These South Australian Uranium projects are an exciting addition to Uvre’s growing portfolio of critical minerals. South Australia is Australia’s premier Uranium mining jurisdiction and we look forward to starting exploration on the projects as soon as possible. We welcome the new shareholder group and appreciate the support of the new and existing shareholders as we continue to build value through systematic exploration on our current projects and strategic asset acquisitions. Uvre has a very healthy cash balance, tight capital structure and are motivated to advance the assets rapidly as the uranium resurgence and search for uranium assets across the globe intensifies” Read our article below: https://lnkd.in/gMczajfH #uranium #mining #exploration #asx
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We are excited to announce our acquisition of three highly prospective uranium projects in the uranium-rich Curnamona Craton of South Australia. This acquisition significantly enhances our strategic focus on critical minerals and rare earths. HRE Executive Director, Richard Brescianini, said, “This agreement provides us with access to a commanding ground position with an excellent pipeline of projects spanning greenfields at the Prospect Hill and Lake Namba-Billeroo projects, through to brownfields at Radium Hill, along strike from where 2.6 million pounds of uranium was mined in the 1950’s yet has seen no modern exploration in the 60 years since. It is very exciting to have the opportunity to explore such quality projects, and in a region with significant resource endowment and host to several active low-cost, long-life uranium operations. We look forward to updating investors on the progress of the acquisition and pending its completion our focus will be to commence exploration as soon as practicable.” Read the ASX announcement here: https://lnkd.in/gYeAWYdQ #HeavyRareEarths #Uranium #CriticalMinerals #ASX #Mining #RareEarths Kanak Sahasrabudhe Adi Deshpande Joe Durak Lynx Advisors Pty Ltd Ryan Batros
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Recharge Metals Limited (ASX:REC) has completed its acquisition of the Carter Uranium Project in the US, and says it is now fully funded to take on exploration work. https://buff.ly/3ZrcHrw #uranium #acquisition #miningnews #exploration #asx
Carter Uranium Project acquisition a Recharge for explorer
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#ASXNews Adavale Resources is pleased to advise that it has received binding commitments to raise $550,000 (before costs) through a placement to new and existing professional and sophisticated investors (“Placement”). The Placement will comprise the issue of approximately 183 million new fully paid Ordinary shares at an issue price of $0.003 per share (“New Shares”) and a 1:1 free attaching option exercisable at $0.005 each, expiring 31 December 2027 (“Attaching Options”). • Adavale has received firm commitments to raise a total of $550,000 via a two tranche Placement to professional and sophisticated investors including Directors and management participation of approximately $114,000 • Bonus Option issue planned for all Adavale shareholders • Funding will allow Adavale to aggressively advance its SA uranium exploration strategy • New strategic acquisition of Uranium rights on the Wirrulla Project, proximal to both Adavale’s Narlaby Project and ISOenergy Yarranna Uranium Project • Yarranna #Uranium Project has significant uranium intercepts of up to 3,550ppm U3O8 • Highly experienced mining executive, Nic Matich appointed as a Non-Executive Director • Aircore drilling program at MacDonnell and George Creek prospects on schedule following positive engagement with traditional owners for heritage clearances #ADD’s Executive Director, David Riekie commented: “We are very grateful and thankful for the support of our new and existing shareholders, especially in this difficult market. The funding allows us to advance our uranium exploration activities in our highly prospective grounds. We are very pleased to be able to secure the uranium rights on the Wirrulla Project, expanding our footprint within the Narlaby palaeochannel which hosts the Yarranna uranium deposits.” View the full announcement: https://bit.ly/4d05fsM #AdavaleResources #MiningNews #ASX
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Thunderbird Resources (ASX:THB) is pleased to announce that Final Preparations are underway for Uranium Drilling - Entitlement offer closes 10 July. The company is in the final stages of preparation for its maiden drilling program at the highly prospective Hidden Bay Uranium Project in the Athabasca Basin, Canada, with six quotes received from prospective drilling contractors. 2,400m of diamond drilling planned, with drilling scheduled to commence mid-August. Entitlement Offer closes at 5pm WST on Wednesday 10 July 2024. Share price on Friday closed at 3.3c, a 10% premium to the Entitlement Offer price of 3c. Thunderbird Resources will be fully-funded for its upcoming exploration programs following the completion of its $4.1m capital raising and a recent $1.07m share sale. Read the Full Announcement Here: https://lnkd.in/ghAvvNk8 #ASXNews #ASXAnnouncement #mining #THB #ThunderbirdResources #Uranium #Drillprogram #AthabascaBasin #U3O8 #exploration
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Thunderbird Resources (ASX:THB) refocuses on high-potential uranium projects in Canada's Athabasca Basin, discontinuing lithium pursuits in Ontario. 🇨🇦⛏️ "As part of a strategic review of the Company’s project portfolio, the Board has decided to focus on our uranium projects in and around the Athabasca Basin. With the price of uranium currently over US$90/lb and projected to go higher, there is a compelling case to focus our full attention and resources on these projects. "We have recently received drilling permits for our number one project at Hidden Bay and we would like to make this our priority. "We also have other great assets in the Athabasca Basin and diverting resources of both people and money to the lithium properties in Ontario simply doesn’t make sense." - Thunderbird Resources Executive Chairman George Bauk #ASX #ASXNews #Investing #Mining #Athabasca #Uranium #U3O8 Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/gcmpEzJV
Thunderbird Resources shift focus to Canadian uranium assets
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Cosa Resources Corp. is pleased to announce that it has entered into an Acquisition Agreement with Denison Mines Corp. Pursuant to the Acquisition Agreement, Cosa will acquire an interest in three of Denison’s uranium exploration projects located in the Eastern Athabasca Basin. #PressRelease #CosaResources
Cosa Resources Executes Agreement to Form Joint Ventures with Denison Mines on Multiple Uranium Projects
resource-capital.ch
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Uranium: Terra Balcanica signs a definitive agreement to acquire Saskatchewan uranium assets, expanding their exploration footprint and potential: https://ibn.fm/ldA07 #Uranium #Mining #Saskatchewan #TerraBalcanica
Terra Balcanica Signs Definitive Agreement to Acquire Saskatchewan Uranium Assets
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A systematic approach in identifying high probability Uranium drill targets. Belmont's Crackingstone Project Highlights: ⛏1959 – 11 tons of material shipped from the property to the Lorado mill grading 2.3% U3O8. ⛏Rix Athabasca Uranium Mines Ltd. reported a grab assay of 12.53% U308 on the property. ⛏Historic grab samples at uranium showings (%U3O8); Beck 93 – 12.53%; Beck 102 – 5.2%; Beck 91 – 2.86% ⛏ Belmont 2008 drill program intercepted uranium in all 20 holes. Drilling DH-C14 intercepted 2.09% U3O8 over 0.3 m and 0.87% U3O8 over 0.5 m within 1.18% U3O8 over 0.9 m from 49.1 to 50.0 m. Read our latest News Release at belmontresources.com: 🌟Belmont Resources Announces 2024 Exploration Plans For Crackingstone Uranium Project, North Saskatchewan⛏ 🎥 We have produced a very informative video which does a great job in telling the Crackingstone visual story. We invite you to watch it (Link on Bio) https://lnkd.in/gGi9465B #uranium #exploration $BEA #Mining #Stocks #TSXV #investing
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#ASXNews Uranium Mineralisation Intersected at Gibbons Creek Uranium Project Trinex Minerals Limited is pleased to provide an update to Shareholders regarding the winter 2024 diamond #drilling program at the Gibbons Creek Uranium Project in northern Athabasca Basin near the community of Stony Rapids, Saskatchewan. • Two of the first three holes drilled as part of the winter 2024 diamond drilling program have intersected intervals of #uranium mineralisation. • Preliminary results indicate potential proximity to a mineralised uranium system. • The drilling program will continue for approximately two more weeks. • Assay results expected to be received late April 2024. • Trinex Minerals has the right to acquire up to a 75% interest in the highly prospective Gibbons Creek Uranium Project in the Athabasca Basin, Northern Saskatchewan, Canada. Commenting on the results, #TMS Managing Director Will D. said: “These early results are starting to build our understanding of the prospectivity of the Gibbons Creek Uranium Project. The Airstrip Prospect is a high priority target based on historic data, and we are pleased to have these encouraging results to guide our exploration work. We look forward to receiving full assay results in April, and in the meantime will be planning for the expanded exploration program across Gibbons Creek when Trinex takes exploration control at the completion of the current drill program." Full announcement: https://bit.ly/4a9OWbo #TrinexMinerals #ASX
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