Delivering News That Matters

U3O8 Corp. to acquire Mega Uranium’s South American assets to create a dominant South American-focused uranium exploration company

TORONTO, ONTARIO–(Marketwire – Feb. 17, 2010) – U3O8 Corp. (TSX VENTURE:UWE) and Mega Uranium Ltd. (TSX:MGA) (“Mega”) are pleased to announce that they have entered into a definitive agreement under which U3O8 Corp. will acquire all of Mega’s South American uranium properties and $4 million in cash in exchange for 30,564,858 common shares of U3O8 [...]

Running Fox 1st Quarter 3 Month Revenues Up 99 %

Running Fox 09 First Quarter:
3 Month Revenues Up 99 % to $4.381 Million EBITDA Earnings Up 324 % to $741,000, Net Income Up 1279 % to $524,486
Steven Schurman, CEO, U.S. Professional Geologist, reports:
Running Fox has filed its 2009 first quarter financial statements on SEDAR.
Revenues for the 3 month period increased 99 % to $4,381,403. This [...]

Hathor Extends Uranium Mineralization at Roughrider Zone

Hathor Exploration Limited (HAT:TSX-V) is pleased to announce the successful completion of the 2009 winter drill program on the Roughrider Zone at its 90%-owned Midwest NorthEast property, northern Saskatchewan.
During this winter, Hathor completed in excess of 30,000 meters of diamond drilling in 89 drill holes from the ice of South McMahon Lake. Stephen Stanley states: [...]

Resource statement completed showing significant new uranium deposit

Macusani Yellowcake Inc. (the “Company”) (TSXV:YEL) is pleased to announce the completion of a resource estimate for its Colibri II and Colibri III properties located on the Macusani Plateau in the Puno District in southern Peru.
Peter Hooper, President of Macusani stated: “This resource statement was compiled by the “The Mineral Corporation” of South Africa [...]

Aldershot signs Turee Creek JV with Cameco

Aldershot Resources Ltd. has entered into a joint venture agreement with Cameco Australia Pty. Ltd.
The agreement covers Aldershot’s Turee Creek project in Western Australia. The Turee Creek project is defined by a single exploration licence (E52/1763) covering 10,000 hectares in the Pilbara region of Western Australia.
The agreement provides that Cameco will reimburse a portion of [...]

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