Millrock Resources Inc. ("Millrock" or the "Company") announces today that it has generated a new uranium project named Red Basin. The claims are thought to be underlain by at least three uranium deposits that may be conducive for In-situ Recovery (ISR) mining. Millrock has unconfirmed reports that the deposits were discovered and drilled by Gulf Minerals in the 1970s. The project is located in Catron County, New Mexico, west of the town of Sorroco and 18 km north of the village of Datil, which is situated on Highway 60.
TAD Mineral Exploration Inc. ("TAD" or the "Company") is pleased to announce that the initial work program consisting of a VTEM max program over its uranium block in the Patterson Lake Area of the Athabasca Basin, Saskatchewan has commenced. This survey will assist in locating the basement indicators on the property.
International Enexco Limited (the "Company" or "Enexco") is pleased to announce that the proposed 13,000 metre (42,650 feet) diamond drill program on the Mann Lake Uranium project has commenced under the direction of project operator, Cameco Corporation ("Cameco"). The budget for the 2014 program is CDN$2,900,000 with Enexco's portion being CDN$870,000.
Declan Resources Inc. is pleased to announce the acquisition of two mineral claims comprising approximately 11,100 hectares located along the northern margin of the Athabasca Basin in Saskatchewan and north of Declan's Gibbons Creek joint venture with Lakeland Resources.
Athabasca Nuclear Corp. ("Athabasca Nuclear") is pleased to provide an update on the ongoing exploration activity at the Western Athabasca Syndicate's flagship Preston Lake Property (the "Property"), where Athabasca Nuclear is the Operator. The program consists of ground gravity and electromagnetic (EM) surveys, as well as a RadonEx survey (ground and water) for final targeting in advance of Q1-Q2 drilling.
European Uranium Resources Ltd. ("EUU") and Portex Minerals Inc. ("PAX") are pleased to announce that, as contemplated by the binding letter of intent announced on December 9, 2013, they have executed an arrangement agreement dated December 20, 2013 (the "Arrangement Agreement") in respect of the proposed merger (the "Merger") of EUU and PAX through a plan of arrangement under which EUU will acquire all of the outstanding common shares of PAX.
Ur-Energy Inc. ("Ur‑Energy" or the "Company") is pleased to announce the completion of its first product sales from the operations of the Lost Creek ISR Project. A total of 90,000 pounds of U3O8 were sold at an average price of $62.92 per pound for gross revenues of $5.7 million.
Zadar Ventures Ltd. (the "Company") is pleased to announce that it has executed a definitive Purchase and Sales agreement with Canterra Minerals Corporation ("Canterra") and Triex Minerals Corp. ("Triex"), a wholly owned subsidiary of Canterra whereby Zadar has purchased a 100% interest in the West Carswell uranium project.
Forum Uranium Corp. has successfully completed a ground gravity survey and generated approximately 11 drill targets on its 100% owned Clearwater Property, located on trend and immediately adjacent to the southwest of Fission Uranium's Patterson Lake South (PLS) discovery.
Athabasca Nuclear Corp. is pleased to announce that the Western Athabasca Syndicate (the "Syndicate") has commenced a ground gravity geophysical survey at its Preston Lake Uranium Property (the "Property"). Upon receiving the final data from the extensive, three-phase summer field program, the Syndicate's Technical Team recently met to interpret and evaluate field results and make final recommendations as to the $600,000 winter program.
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