FISSION URANIUM CORP. is pleased to announce it has received the prestigious "Exploration of the Year" Mining Journal award, announced at Mines & Money, in recognition of its ongoing success at its Patterson Lake South (PLS) property in Saskatchewan, Canada.
Declan Resources Inc. ("Declan" or the "Company") announces that it has reached an agreement with 877384 Alberta Ltd. (the "Optionor") to reduce the exploration expenditures required on the Firebag River Property pursuant to its option amending agreement previously announced September 29, 2014. The option agreement now requires exploration expenditures of $300,000 prior to November 22, 2016. Declan's 43-101 Report for the Firebag River Property has been posted on SEDAR.
UEX Corporation ("UEX") and AREVA Resources Canada Inc. ("AREVA"), the operator, are pleased to announce the 2016 exploration budget for the Western Athabasca Joint Venture ("WAJV") Projects of $2.2 million, of which UEX has indicated its intention to fund approximately $662,800.
Bannerman Resources Limited is pleased to report further positive results from Phase 2 of the Etango Heap Leach Demonstration Plant Program. The results continue to strongly support the assumptions and projections incorporated in the Etango Definitive Feasibility Study ("DFS") and DFS Optimisation Study.
Skyharbour Resources Ltd. (the "Company") announces that it has signed a definitive agreement to purchase the remaining 40% interest in its Mann Lake uranium project in Saskatchewan from Aben Resources Ltd. The 3,473 hectare property is strategically located on the east side of the Athabasca Basin approx. 25 km southwest of Cameco's McArthur River Mine and 15 km northeast and along strike of Cameco's Millennium uranium deposit.
Purepoint Uranium Group Inc. today announced that the Hook Lake Joint Venture Partners have approved their exploration plans and budget for the 2016 year. The Hook Lake JV project is owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). Current exploration is targeting the Patterson Lake Corridor, the same conductive trend which not only hosts Fission's Triple R deposit, but as well the Arrow Discovery by NexGen Energy Ltd. and the Company's own Spitfire Discovery.
Forum Uranium Corp. ("Forum" or the "Company") is pleased to announce that plans are underway for a drill program in the winter of 2016 on its 100% owned Highrock project, located approximately 15 km south of the Key Lake mine site (Figure 1). Results of gravity surveys completed on the Highrock North and Highrock South claims are very positive with the identification of a number of gravity lows, which may be indicative of zones of alteration, clay development and uranium mineralization along very strong EM conductors on the property (Figure 2).
FISSION URANIUM CORP. updates shareholders on the important progress being made to create long-term value and corrects some inaccuracies released by an isolated entity with no experience in uranium exploration, which threatens to distract shareholders from the momentum Fission has.
Skyharbour Resources Ltd. is pleased to report that it has confirmed the presence of high grade uranium mineralization with up to 68.0% U3O8 in a grab sample from a trench located on its 100% owned, 79,003 hectare Falcon Point Uranium and Thorium Project.
Skyharbour Resources Ltd. is pleased to report the results of its recent drill program on its 50% owned Preston Uranium Property. Two out of fifteen previously identified target areas were selected for preliminary drill testing this past summer.
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