An electromagnetic survey of the Spitfire and Dragon zones was conducted to follow up on last winter’s drilling.
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Wheeler River is the largest undeveloped uranium project in the Athabasca Basin.
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The company has received assay results for the final 24 holes of the winter drill program at its West Bear cobalt-nickel property.
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The property has geologic features that are analogous to the giant Udokan development project in Russia, which is the largest undeveloped copper project in the world.
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Forum Energy Metals inks $30m option with Rio on Janice Lake Read More »
The uranium producerlogged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago. That’s equivalent to a decrease of five cents per share, versus a profit of 14 cents per share in the same quarter last year.
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The Knife Lake property was extensively explored from the late 1960s to the 1990s, with the last documented work program completed in 2001.
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The environmental assessment will be co-ordinated among NexGen and the two governmental bodies.
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NexGen begins Rook I environmental assessment Read More »
Developing Yeelirrie, one of Australia’s biggest undeveloped uranium deposit, will depend on market conditions, said the company.
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The PFS assigns the project a $693m after-tax net present value at an 8% discount rate and a 21% after-tax internal rate of return.
The post Fission Uranium tables PFS for Patterson Lake South appeared first on MINING.com.
Fission Uranium tables PFS for Patterson Lake South Read More »
The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district.
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