International Enexco Intersects 3.73% eU3O8 Over 1.2 Metres Including 11.02% eU3O8 Over 0.3 Metres on the Mann Lake Project, Athabasca, SK

International Enexco Ltd. (TSX VENTURE:IEC)(IEXCF)(I6E.F) (the "Company" or "Enexco") -

  • New High-Grade Intercept in MN-065, 150 m North of MN-060
  • MN-065 Intersects 3.73% eU3O8 / 1.2 m, including 11.02% eU3O8 / 0.3 m
  • MN-060, Announced March 10, 2014, Intersected 2.31% eU3O8 / 5.1 m, Including 10.92% eU3O8 / 0.4 m
  • MN-065 Indicates Mineralised Trend Minimum 300 m Length
  • Trend Remains Prospective and Open Along 3.1 km Length
Read more: International Enexco Ltd ( IEC )

Paladin Energy Ltd: Sale of Minority Interest in Langer Heinrich Mine, Namibia

Paladin Energy Ltd (PDN.TO)(PDN.AX) ("Paladin" or the "Company") is pleased to advise that it signed an agreement on 18 January 2014 to sell a 25% joint-venture equity stake in its flagship Langer Heinrich uranium mining operation in Namibia to China Uranium Corporation Limited, a wholly owned subsidiary of China National Nuclear Corporation (CNNC), the leading Chinese nuclear utility, for consideration of US$190M.

The offtake component of the agreement will allow CNNC to purchase its pro-rata share of product at the prevailing market spot price. There is also an opportunity for Paladin to benefit by securing additional long term offtake arrangements with CNNC, at arm's length market rates, from Paladin's share of Langer Heinrich production.

Read more: Paladin Energy Ltd ( PDN )

Skyharbour Resources Ltd. (TSX VENTURE:SYH) (PINKSHEETS:SYHBF) ("Skyharbour") is pleased to announce that the Western Athabasca Syndicate has commenced a ground gravity geophysical survey at its flagship Preston Lake Uranium Property (the "Property"). Upon receiving the final data from the extensive, three-phased summer field program, the Syndicate's Technical Team recently met in Cranbrook to evaluate and interpret all of the results and to make final recommendations for the $600,000 winter program. The fieldwork will start with ground gravity to locate areas of hydrothermal alteration associated with known conductors. These areas will be further refined using radon and EM surveys to locate specific targets for drill testing in March, 2014.

Read more: Skyharbour Syndicate Commences Winter Exploration Program on its Preston Lake Uranium Property in...

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2013) - Skyharbour Resources Ltd. (TSX VENTURE: SYH) (PINKSHEETS:SYHBF) ("Skyharbour") is pleased to announce additional results from the 2013 radon sampling program at its Preston Lake uranium property. Many of the radon anomalies fall within prospective exploration corridors delineated through extensive summer airborne geophysics and ground evaluation. Radon survey results were instrumental in identifying first pass drill targets at the nearby Patterson Lake South (PLS) high grade uranium discovery as well as the recent discovery of the R600W Zone which is on trend with the western portion of the Preston Lake property (see Fission Uranium's News Releases dated May 6, 2013 and November 4, 2013). The 246,643 hectare Preston Lake property is the largest land package proximal to Alpha Minerals Inc. and Fission Uranium Corp.'s PLS high-grade uranium discovery.

Read more: Skyharbour Resources Western Athabasca Syndicate Discovers Additional Radon Anomalies at the...

Ur-Energy's Lost Creek Production Rate Exceeding Expectations

Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) ("Ur-Energy" or the "Company") is pleased to provide an operational performance update for the Company's recently opened Lost Creek uranium recovery project in Sweetwater County, Wyoming.

The Lost Creek facility recently surpassed a daily recovery rate of 2,200 pounds of uranium oxide (U3O8), which is equivalent to an annualized production rate of over 800,000 pounds. The process flow rate through the recovery plant circuits is currently sustained above 1,800 gallons per minute. The flow is derived from three header houses in the first mine unit area. Additional header houses will be brought on line when needed to sustain the targeted production rate.

Read more: Ur-Energy Inc ( URE )

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