Showing posts with label Shares. Show all posts
Showing posts with label Shares. Show all posts

Wednesday, April 14, 2010

NEWS RE- BLACK RANGE MINERALS Judge Denies Review Of Permit



Tuesday, 13 April 2010
Last Friday, District Judge David Thorson denied a petition for review of the Fremont County Commissioners approval of a conditional use permit for Black Range Minerals to conduct exploration for uranium in the Tallahassee Creek area.

The Tallahassee Area Community, Inc., a nonprofit corporation, along with several residents, filed suit against the county and Black Range seeking review of the final issuance of the CUP in July 2008.


The group claimed the commissioners exceeded their jurisdiction and abused their discretion in issuing the permit by failing to follow the Fremont County Zoning Resolution by not requiring or receiving proof of adequate water for the proposed activity; by not requiring or receiving proof that the proposed activity would not adversely affect surrounding property values; by not requiring or receiving a fire plan; by not properly taking the Fremont County Master Plan into account; and by failing to protect the health, safety and welfare of the residents.



In his decision, Thorson addressed each of the plaintiff’s arguments at length and determined that the board’s interpretations of its own zoning regulations and master plan were appropriate.

Black Range initially began exploratory drilling on two large, privately-owned ranches in 2007, without permit. They were required to halt operations in January 2008 by the county and seek the CUP.

Public hearing on the application were held by both the Fremont County Planning Commission and the Board of County Commissioners prior to the board’s final approval in July 2008.

Thorson said he reviewed the voluminous record of the proceedings and evidence considered by the board in coming to his decision.





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Wednesday, March 3, 2010

SOUTHERN URANIUM IDENTIFIES 6 NEW URANIUM - COPPER - GOLD TARGETS IN STH AUSTRALIA




Wednesday, March 03, 2010

Southern Uranium (ASX: SNU) has completed a large gravity survey around the Ridgeback magnetic targets near Bute on Yorke Peninsula, South Australia.

The results have added six new "high priority" copper-gold-uranium targets within the highly prospective Pine Point Fault Zone.

This resulted from a gravity survey of the 30km length of prospective Pine Point Fault Zone (PPFZ) within Exploration Licence (EL) 4278 that is held 100 percent by Southern Uranium.

John Anderson, Southern Uranium’s managing director, said the survey work had produced excellent results.

“The gravity results are very exciting as the new targets firmed up our view that the Ridgeback area is one of South Australia’s best exploration addresses with potential for greenfields IOCGU discoveries.” Mr Anderson said.

“The combined gravity and magnetic targets support the presence of a large mineral system that warrants a substantial exploration program. The pattern of targets is close to our structural prediction of where IOCGU deposits are likely to have formed, so we look forward to being able to start drill testing soon.”

The February survey was designed to detect gravity targets with potential for iron oxide copper gold uranium (IOCGU) deposits in association with the two Hillside-style magnetic targets already identified at Ridgeback.

Consequently, six new targets were identified as gravity anomalies adjacent to the Ridgeback targets and other magnetic anomalies along a highly prospective 20km segment of the PPFZ.

The magnetic targets are proposed for drill testing as soon as access agreements are finalised with landowners.

The Pine Point Fault Zone hosts the Hillside copper-gold and uranium deposits recently discovered by Rex Minerals (ASX:RXM) and located 60km south of EL 4278. The Hillside deposits are hosted by magnetite-altered rocks and are considered variants of the IOCGU family of deposits.

Gawler Craton is a world-class copper gold uranium province with growing discoveries of IOCGU deposits at Prominent Hill, Carrapateena and Hillside add to the best known example of Olympic Dam.

Gravity was the primary exploration method used to discover the Olympic Dam, Prominent Hill and Carrapateena deposits adjacent to lead-in magnetic anomalies.

Each discovery has added more information that improves the ability to choose locations and exploration techniques to make the next generation of discoveries within the craton.

The Ridgeback magnetic targets may be the core of a large mineral system that also contains haematite-hosted IOCGU deposits. Haematite is another iron oxide that can form IOCGU deposits but unlike magnetite is not magnetic.

The recent gravity surveying was therefore undertaken over an approximate 7km by 30km area centred on the Ridgeback magnetic targets.

This work identified six new high potential targets as being semi-coincident with or along the PPFZ from the magnetic targets. The new targets have prospective sizes of one to two kilometres length.

The pattern of gravity anomalies relative to the initial magnetic targets is encouragingly consistent with the structural prediction of IOCGU targets interpreted from the regional magnetics and used to select the area of the survey.

The pattern and extent of anomalous geophysical signatures may indicate a large mineral centre.

Southern Uranium’s initial priority is the drilling of the two Ridgeback magnetic targets to test for Hillside-style deposits or to at least demonstrate the presence of a large IOCGU mineral system.

The positive gravity results have significantly expanded the target portfolio at Ridgeback and additional drill programs are being planned.



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Wednesday, February 17, 2010

BANNERMAN RESOURCES PROGRESSES DFS AT ITS ETANGO URANIUM PROJECT NAMIBIA

BANNERMAN Resources has revealed its Definitive Feasibility Study (DFS) is underway on its Etango uranium project in Namibia, southwest Africa.



The Perth-based uranium development company says the announcement follows the results received from a range of continuous flotation tests conducted last month and earlier this month.

“These tests followed on from the batch flotation testwork undertaken in 2009,” Bannerman Resources says.

According to Bannerman Resources, further investigations are being undertaken into the metallurgical parameters, prior to progressing to the larger scale pilot plant test work.

Bannerman Resources says it has already completed 284,000m of drilling within the Etango project and expects the inclusion of the latest drilling into the resource model is expected to significantly improve the confidence of the resource.

Bannerman chief executive, Len Jubber says the project is making significant progress.

"We now have greater confidence in our understanding of the Etango mineralisation and are exploring some exciting opportunities to optimise the mining scenario, with the potential to reduce operating costs," Jubber says.







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Wednesday, February 3, 2010

Australian Uranium Explorer Northern Uranium Discovers Prized Heavy Rare Earth Elements





Rare Earths

Rare earths are a particular class of elements in the Periodic Table that were once difficult to extract and purify. They are used in many high-technology applications including magnets, rechargeable batteries, electronic displays, lasers, superconductors, catalytic converters, smart bombs, and wind turbines. China supplies about 95% of world production. Given the strategic importance of rare earths, China has been stockpiling them and restricting exports. A Chinese government report has recommended an outright ban on exporting the scarcest of these elements.


NORTHERN URANIUM - NTU

Northern Uranium (ASX: NTU) has followed up December discoveries of significant rare earth elements targets at its 100%-owned Gardiner-Tanami project, with today's news of high concentration of heavy rare earth elements (HREE) in the mineralization.

Heavy REE's have a significantly higher market value on a per pound basis than the more common light REE's.

NTU identified unusually high concentrations of HREE in hydrothermal quartz-xenotime mineralisation in the Browns Range Dome area at Gardiner-Tanami.

NTU has targeted rare earths exploration as a significant focus in 2010 at at the Gardiner-Tanami project, bordering the Northern Territory and Western Australia, in tandem with the company's core uranium project.

The results of an age-dating study pointed to the possibility of large scale HREE ore-deposit potential in the area.

The company's HREE discovery represents an interesting value-adding component for NTU investors and shareholders.

Executive chairman Kevin Schultz said that a further study of the HREE bearing mineralisation at the company's tenements showed that at current REE prices it has extremely high in-ground value.

In fact, analysis to date indicated it has an estimated in-ground value of US$1,270 per tonne.

Xenotime (a yttrium and rare earths bearing phosphate mineral) was first identified in the western Browns Range Dome area in the 1980s by Japanese nuclear energy organization PNC Exploration while exploring for uranium.

PNC named the area of quartz-xenotime mineralisation “Area 5 Prospect” and one of the larger quartz-xenotime veins gave extremely high grade results up to 16% yttrium, 0.2% uranium, 0.5% light Rare Earth Elements (LREE) and 12% HREE.

Then in 2009, previously unknown quartz-xenotime mineralisation was encountered by NTU - 4km to the northnortheast of Area 5 Prospect during Northern Uranium’s uranium exploration program.

These newly discovered hydrothermal xenotime-quartz stockworks, referred to as “NNE Prospect”, are similar to the Area 5 occurrences. Xenotime concentration was recorded as being up to 3-4 wt-%.

Interestingly, the rare earths and Yttrium distribution from assay results of the quartzxenotime mineralisation at NNE Prospect at typical current market prices for rare earth metals, demonstrates NTU's HREE's at Browns Range compares favourably with other major global REE deposits.

The Browns Range Dome area could conceivably become an important new province for highgrade Yttrium-HREE mineralisation.

NTU will proceed with the HREE exploration program, in conjunction with the 2010 uranium exploration programm including review and re-processing of airborne mapping data and airborne radiometrics.

An extensive rare earths target zone has been identified by NTU at the project.





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Monday, January 18, 2010

White Canyon Uranium Signs Toll Milling Agreement With Denison Mines Corp.







US-focussed Uranium producer White Canyon Uranium (ASX: WCU) has executed a toll milling agreement with Denison Mines Corp. (TSX:DML, NYSE AMEX:DNN).

Denison will process all material produced from White Canyon’s owned and operated Daneros uranium mine in Utah.

White Canyon has confirmed that based on the conditions in the toll milling agreement the Daneros mine is viable even at current spot prices.

The agreement has a three year term with an optional two year extension and commences in January 2010.

The earlier than expected execution of the Toll Treating Agreement concludes the Company’s participation in the Ore Purchase Programme with only the first ore lot sold to Denison.

Denison used samples from the first ore lot to conduct amenability tests and derive the processing variables necessary for the completion of a Toll Milling Agreement.

Under the terms of the agreement, White Canyon will transport material produced to Denison’s White Mesa Mill for processing of up to 55,000 tons per annum.

The Company will pay to Denison the costs to mill its ore, a capital charge plus a toll milling fee per ton of ore, which will be partly linked to the long-term uranium price.

Processing will be scheduled by Denison and first processing of Daneros ore is expected in H1 2011 allowing White Canyon to meet expected delivery dates in H2 2011.

Initial production is expected to be sourced from the Daneros mine, which is located approximately 100kms from the White Mesa complex and has been the source of material provided to date for analysis to derive critical processing parameters in determining this toll milling agreement.

Additional production is expected to be sourced from the Company’s Lark Royal, Geitus, Blue Jay, Marcy Look and Yellow Cat projects, which are also in close proximity to the White Mesa Mill.

The total tonnage will be negotiated at the completion of each 12 month production period for the subsequent full production year dependent on mill availability.



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Monday, December 7, 2009

White Canyon Uranium Limited Is Todays 7th Dec 2009 Top ASX Uranium Performer

* Aragon Resources Closed Up 17.5%, but lacked Volume & Trades
50,000 Shares traded ~ 5 trades


Monday 7th Dec 2009
White Canyon Uranium Limited (WCU)

Clickable Image


Today's Stats & Charts

Volume: 2,331,086
No. of Trades: 171
Opening Price: 0.240
High Price: 0.285
Low Price: 0.240

Closed at 0.265 Up 15.22%
Clickable Image


Charting Analysis Overview Of WCU's Current Trading

# 47x Average Daily Volume
# Closed outside Top Bollinger
# Rising Volume for 4 Day's

5-day EMA: 0.225
10-day EMA: 0.225
15-day EMA: 0.225
30-day EMA: 0.226
Average Daily Volume 49,334


6 MONTH HIGH 0.370




Click Chart To Enlarge
Chart Below Showing Cross-Over of

Buyers~~~~
over Sellers~~~~~



White Canyon Uranium Limited Announcement


Recent News - WCU Prepares for First Sale of Mine Development Material To Denison
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HERE'S MONDAY'S 7th DEC 2009
TOP PERFORMING ASX URANIUM PLAYS

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Friday, December 4, 2009

Royal Resources Limited Is Todays 4th Dec 2009 Top ASX Uranium Performer



Friday 4th Dec 2009
Royal Resources Limited (ROY)

Clickable Image


Today's Stats & Charts

Volume: 2,881,072
No. of Trades: 140
Opening Price: 0.180
High Price: 0.260
Low Price: 0.175

Closed at 0.260 Up 48.57%
Clickable Image


Charting Analysis Overview Of ROY's Current Trading

# 4.3x Average Daily Volume
# Previous Day Doji Cross
# Closed above Top Bollinger


5-day EMA: 0.175
10-day EMA: 0.181
15-day EMA: 0.187
30-day EMA: 0.201
Average Daily Volume 659,981


6 MONTH HIGH 0.440




Click Chart To Enlarge
Chart Below Showing Cross-Over of

Buyers~~~~
over Sellers~~~~~



Royal Resources Limited Announcement


Recent News - Royal Acquires Razorback Project
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HERE'S FRIDAY'S 4th NOV 2009
TOP PERFORMING ASX URANIUM PLAYS

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Thursday, December 3, 2009

Impact Minerals Limited Is Todays 3rd Dec 2009 Top ASX Uranium Performer



Thursday 3rd Dec 2009
Impact Minerals Limited (IPT)

Clickable Image


Today's Stats & Charts

Volume: 518,326
No. of Trades: 44
Opening Price: 0.230
High Price: 0.280
Low Price: 0.23

Closed at 0.280 Up 24.44%
Clickable Image


Charting Analysis Overview Of IPT's Current Trading

# Today's Close is within 10% of the 6 Month High
# Previously Closed outside Bottom Bollinger
# 2x Average Daily Volume
# Bounced of Bottom Bollinger

5-day EMA: 0.247
10-day EMA: 0.254
15-day EMA: 0.256
30-day EMA: 0.250
Average Daily Volume 249,361


6 MONTH HIGH 0.295




Click Chart To Enlarge
Chart Below Showing Cross-Over of

Buyers~~~~
over Sellers~~~~~



Impact Minerals Limited Announcement


Recent News - Impact Raises $5 Million to Advance Exploration Program
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HERE'S THURSDAY'S 3rd DEC 2009
TOP PERFORMING ASX URANIUM PLAYS

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Wednesday, December 2, 2009

UraniumSA Limited Is Todays 2nd Dec 2009 Top ASX Uranium Performer



Wednesday 2nd Dec 2009
UraniumSA Limited (USA)

Clickable Image


Today's Stats & Charts

Volume: 603,042
No. of Trades: 32
Opening Price: 0.195
High Price: 0.225
Low Price: 0.195

Closed at 0.220 Up 22.22%
Clickable Image


Charting Analysis Overview Of USA's Current Trading

# 3x Average Daily Volume
# Bounced off Bottom Bollinger
#
2 Day's Rising Volume

5-day EMA: 0.195
10-day EMA: 0.203
15-day EMA: 0.208
30-day EMA: 0.214
Average Daily Volume 221,546


6 MONTH HIGH 0.295




Click Chart To Enlarge
Chart Below Showing Cross-Over of

Buyers~~~~
over Sellers~~~~~



UraniumSA Limited Announcement


Recent News - AGM 2009 Presentation
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HERE'S WEDNESDAY'S 2ND NOV 2009
TOP PERFORMING ASX URANIUM PLAYS

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Monday, November 30, 2009

Cardia Technologies Limited Is Todays 30th Nov 2009 Top ASX Uranium Performer


LATEST URANIUM SPOT PRICE UPDATE

Monday November 30th 2009

Uranium Spot Price Rises US$2.00P/Lb
Now US$45.00 P/Lb.


NEW UPDATE
URANIUM SPOT NOW US$45.50 P/Lb
+$2.50

Monday 30th Nov 2009
Cardia Bioplastics (Technologies) Limited (CNN)

Clickable Image


Today's Stats & Charts

Volume: 2,997,691
No. of Trades: 17
Opening Price: 0.021
High Price: 0.023
Low Price: 0.021

Closed at 0.023 Up 15.00%
Clickable Image


Charting Analysis Overview Of CNN's Current Trading

# 2x Average Daily Volume
# Previously Closed outside Bottom Bollinger for 2 day's

5-day EMA: 0.022
10-day EMA: 0.023
15-day EMA: 0.024
30-day EMA: 0.025
Average Daily Volume 1,282,119


6 MONTH HIGH 0.040




Click Chart To Enlarge
Chart Below Showing Cross-Over of

Sellers~~~~~over Buyers~~~~



Cardia Bioplastics Technologies Limited Announcement
Cam Bow Uranium Exploration



Recent News - Promising Ground Survey Results in Botswana
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HERE'S MONDAY'S 30th NOV 2009
TOP PERFORMING ASX URANIUM PLAYS

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