Posted in | News | Gold | Mining Business

Uranium North Resource Signs Agreement with North Arrow Minerals

Uranium North Resource has signed an agreement with North Arrow Minerals to buy information to explore the Nowyak gold/silver property in Nunavut. This data consists of geophysical, geological and sample assay information of the Nowyak property. The cost price  of this data is $15,000 in cash and 75,000 ordinary shares.

The company has 100% interest in the Nowyak property. At first, the data was gathered in the late 1990s and early 2000s. The positive results from the east showings, which locates wide gold zones and the digital data from Induced Polarization survey, which supports to describe drill target areas are the significant components included in these data.

Uranium North will provide any identified material data apart from the comprehensive survey and dataset examination.

Five gold properties are explored by the company and only two properties are subjected to drilling. Additionally, Uranium North has planned to organize resource expansion program aggressively on its Amer Lake uranium property.

Source: http://www.uraniumnorth.com/

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, March 19). Uranium North Resource Signs Agreement with North Arrow Minerals. AZoMining. Retrieved on May 25, 2024 from https://www.azomining.com/News.aspx?newsID=3982.

  • MLA

    Scanlon, Joel. "Uranium North Resource Signs Agreement with North Arrow Minerals". AZoMining. 25 May 2024. <https://www.azomining.com/News.aspx?newsID=3982>.

  • Chicago

    Scanlon, Joel. "Uranium North Resource Signs Agreement with North Arrow Minerals". AZoMining. https://www.azomining.com/News.aspx?newsID=3982. (accessed May 25, 2024).

  • Harvard

    Scanlon, Joel. 2019. Uranium North Resource Signs Agreement with North Arrow Minerals. AZoMining, viewed 25 May 2024, https://www.azomining.com/News.aspx?newsID=3982.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.