ASX-listed junior explorer Valor Resources says a recently completed airborne geophysical survey has exceeded its expectations, pointing to historical uranium occurrences and new targets across its Hook Lake project in northern Saskatchewan, Canada. Follow-up field exploration work has been earmarked to kick off this month and the Perth-based company hopes to be drilling priority prospects in the venerated Athabasca Basin region later in the year.
Valor Resources has bumped up its uranium exploration acreage in the mighty Athabasca Basin region in central Canada to 986 square kilometres by acquiring five new projects, including one along strike from Rio Tinto's Janice Lake property. The Athabasca Basin has historically produced about 20 per cent of global primary uranium supply and hosts the world's highest-grade uranium mine at Cigar Lake.
Valor Resources has continued to build its portfolio in the Americas, pegging 14 new mining concessions around its Picha copper-silver project in southern Peru. The staking spree comes in the wake of recent channel sampling that produced grades up to 6.04 per cent copper and 18 ounces to the tonne silver, pointing to the potential of the underlying mineral system.
Our board moves wrap includes Darryl Clark, Kent Balas, Jeremy Sinclair, Hian Siang Chan, Justin Mouchacca, Stephen Buckley, Hugh Warner, Harry Greaves, Anthony Cina, George Bauk, Gary Billingsley, Brian McMaster, and Nicholas Lindsay.
Threat Protect Australia is pleased to announce that it has recently completed a capital raising of $1.0m through a placement of 4,761,905 fully paid ordinary shares in the Company at an issue pric
Six local resources companies have announced capital raisings of around $26 million for projects including in lithium and rare earths, with one of the businesses, Okapi Resources, planning to join the ASX bourse.
Cape Lambert Resources Limited has sold its royalty on the Mayoko iron ore project for $1 million cash subject to the formality of the new owners signing off on the transaction.
What lessons can we learn from wine sector that we can apply to industry development in this state?The wine sector has intrigued me as a business journalist for the past two decades.
