Top Mining News: The federal Nuclear Regulatory Commission, as part of a “long-term” comprehensive study of its radioactive waste classification system, will consider reclassifying depleted uranium as high-level waste. Meanwhile, it will develop site-specific disposal criteria to help determine which landfills can safely accept large quantities of the radioactive material — 11 tons or more.
File that under better late than never, because EnergySolutions has already accepted 49 tons of depleted uranium at its low-level nuclear waste disposal facility at Clive in Tooele County, including more than 5,000 55-gallon drums since last October.
But a lot more depleted uranium could be on the way, as new uranium enrichment facilities ramp up to fuel a nuclear energy renaissance, and the federal Department of Energy prepares to transfer approximately 700,000 tons of the material from temporary storage sites to permanent disposal facilities. And the depleted uranium, the refuse from the process in which natural uranium is enriched to create fuel for nuclear power plants, poses unique disposal challenges.
Regular Class A, low-level waste comes and goes — after 100 years it has decayed to the point where it is no longer considered a hazard. But depleted uranium, while relatively benign at first, keeps getting hotter and hotter for a million years as it breaks down into more radioactive and easily-dispersed elements.
For decades, depleted uranium disposal wasn’t an issue because there wasn’t a lot of depleted uranium to dispose of. The material was never specifically categorized when NRC classification guidelines were developed in the 1980s, and depleted uranium was treated as Class A waste by default.
But as government stockpiles grew and applications for new uranium enrichment facilities were received and the need for disposal of large amounts of depleted uranium became apparent, the NRC formally classified the material as low-level waste this year after a cursory review.
The decision stunned Rep. Jim Matheson, D-Utah, and Rep. Edward Markey, D-Mass, members of the House Energy and Environment subcommittee, which oversees the NRC. The congressmen termed the ruling “an arbitrary and capricious mischaracterization” of depleted uranium, and demanded answers. The NRC responded by announcing it would study the issue, but it has yet to set a timetable for its review, and the depleted uranium keeps pouring into Utah.
The NRC needs to stop this madness. Federal regulators need to establish a moratorium on the disposal of depleted uranium until the study is complete. (source:sltrib.com)
Showing posts with label Uranium. Show all posts
Showing posts with label Uranium. Show all posts
Saturday, April 18, 2009
Thursday, March 19, 2009
Uranium Exploration Project : Endeavor Explorations Inc.
Top Mining News: This is the mining news on the exploration project of uranium by Endeavor Explorations Inc. The news is as follows:
Endeavor Explorations announces it has located the Global Positioning coordinates (GPS) for the previous historical drilling program conducted on the Don Lake Project during the 1960’s by Matrix Exploration Ltd. Based on this additional information the Company has made application with the Ministry of Mines in Saskatchewan, Canada to adjust the Company’s drill permits for a winter drill program to reflect this additional information. The Company plans to test the high grade results obtained by previous Operators and test other drill locations. Approximately 600 meters of drilling is planned on the winter program. The Company will keep its shareholders updated on its activities as it proceeds forward on the Don Lake Project.
In the 1960’s Matrix Exploration Ltd. undertook an exploration program. They drilled 3,937 feet in 26 diamond drill holes over three zones A, B and C. Nineteen of these holes contained radioactive sections, and significant values over mineable widths were intersected. The highest assay obtained was 10.7% U3O8 (9.08% U) from a 1-foot intersection in hole # 23. Drill hole # 23 is approximately 300 ft away from hole # 1, drilled by Eldorado in 1950, from which a 2-foot section averaging 2% U3O8 (1.7% U) was reported.
Endeavor Explorations Inc. is a publicly trading junior resource exploration company, focused on its Uranium Properties near Uranium City, Saskatchewan, Canada. Seven former producing Uranium Mines are located on the Company land holdings. These former producing mines were closed abruptly in the 1960’s due to depressed uranium prices which management believes is not the case today or the foreseeable future.
Sunday, November 30, 2008
The Uranium exploration Investigation Permits of Mawson in spain granted
Mawson Resources Limited, Michael Hudson, President & CEO, advises that Mawson’s Don Benito Uranium exploration Investigation Permits in Spain have been granted.
The Don Benito Uranium Investigation Permits lie in the La Haba district, Extremadura region of south-western Spain, in one of two principal historic uranium mining and processing areas in the country. Two “Permisos de Investigación” (12684-D and 12686-D) totalling 14,972 hectares have been granted for an initial period of 3 years. The permits cover 3 historic project areas: La Haba, Corredor de la Guarda and Las Cruces-Manantial.
Twenty-six surface radiometric anomalies have been identified to date within the granted area. These anomalies are spread over 32 kilometres strike about a sediment-radiogenic granite contact which forms the uranium-bearing target horizon, indicating the potential scale of the mineral system. Thirty-two holes are known to have been drilled within the granted area.
The Don Benito uranium claims surround the La Haba open pit uranium mine and resource area which ceased operation in 1990. The mine and resource area are currently held within the 3,865 hectare La Haba State Mineral Reserve to which Mawson has no entitlement. Spanish Mining Law states that on lifting of a State Mineral Reserve, the mineral rights will fall to the holder of the overlying granted permits. Mawson remains in discussion with the Spanish authorities.
Mr Hudson states, “This is a significant milestone for Mawson in Spain. The potential for further uranium discoveries along strike from the La Haba mine area, within the granted areas is demonstrated by the 26 surface anomalies already identified by ground scintillometer surveying along the 32 kilometres of uranium host horizon. Mawson plans to initiate exploration by flying an airborne radiometric and magnetic survey over the large land package. We look forward to continuing discussions regarding the Mineral State Reserve area with the Spanish authorities. Consolidation of mineral tenure in the Don Benito area is one key for the successful development of the project.”
The qualified person for the Mawson’s Spanish uranium projects, Mark Saxon, Director and Vice-President of Exploration for Mawson, and a member of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.
About the Company: Mawson Resources holds significant uranium resources in the nuclear energy reliant countries of Spain, Sweden and Finland. As the European Union reduces its reliance on carbon-based energy sources, Mawson is well placed as the Company develops its exploration portfolio towards the sustainable production of uranium in the shortest possible time frame.
The Don Benito Uranium Investigation Permits lie in the La Haba district, Extremadura region of south-western Spain, in one of two principal historic uranium mining and processing areas in the country. Two “Permisos de Investigación” (12684-D and 12686-D) totalling 14,972 hectares have been granted for an initial period of 3 years. The permits cover 3 historic project areas: La Haba, Corredor de la Guarda and Las Cruces-Manantial.
Twenty-six surface radiometric anomalies have been identified to date within the granted area. These anomalies are spread over 32 kilometres strike about a sediment-radiogenic granite contact which forms the uranium-bearing target horizon, indicating the potential scale of the mineral system. Thirty-two holes are known to have been drilled within the granted area.
The Don Benito uranium claims surround the La Haba open pit uranium mine and resource area which ceased operation in 1990. The mine and resource area are currently held within the 3,865 hectare La Haba State Mineral Reserve to which Mawson has no entitlement. Spanish Mining Law states that on lifting of a State Mineral Reserve, the mineral rights will fall to the holder of the overlying granted permits. Mawson remains in discussion with the Spanish authorities.
Mr Hudson states, “This is a significant milestone for Mawson in Spain. The potential for further uranium discoveries along strike from the La Haba mine area, within the granted areas is demonstrated by the 26 surface anomalies already identified by ground scintillometer surveying along the 32 kilometres of uranium host horizon. Mawson plans to initiate exploration by flying an airborne radiometric and magnetic survey over the large land package. We look forward to continuing discussions regarding the Mineral State Reserve area with the Spanish authorities. Consolidation of mineral tenure in the Don Benito area is one key for the successful development of the project.”
The qualified person for the Mawson’s Spanish uranium projects, Mark Saxon, Director and Vice-President of Exploration for Mawson, and a member of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.
About the Company: Mawson Resources holds significant uranium resources in the nuclear energy reliant countries of Spain, Sweden and Finland. As the European Union reduces its reliance on carbon-based energy sources, Mawson is well placed as the Company develops its exploration portfolio towards the sustainable production of uranium in the shortest possible time frame.
Wednesday, August 27, 2008
Valuable Job Experience at Uranium Company
Summer interns gain job experience at Virginia Uranium
By TIM DAVIS/Star-Tribune Editor
Seven young people gained valuable job experience this summer as interns at Virginia Uranium Inc.'s main office in Chatham.
The company employed seven: Walter Anderson, Erica Galvan, Jonathan Wright, Mary Dare Thornton, Josh Shields, Lena Cole, and Sam Cole.
The interns, all students, analyzed and recorded data, did statistical and administrative work, conducted economic research, and even constructed a three-dimensional model of the Coles Hill uranium deposit.
Located six miles northeast of Chatham near the Sheva community, the deposit was discovered in the early 1980s by Marline Uranium Corp.
Last year, Walter Coles, who owns the land and a majority of the ore, formed Virginia Uranium to explore the possibility of eventually mining the deposit, which is now worth an estimated $10 billion.
Although Virginia has had a moratorium on uranium mining since 1982, Virginia Uranium received a state permit last year to conduct exploratory drilling to verify the deposit. The company began test drilling in December.
Virginia Tech professors and students have also begun an extensive here-year research project at Coles Hill that is expected to shed new light on the uranium deposit.
Although there is no uranium mining, Virginia Uranium's office in Chatham is a beehive of activity. The company employs about 20 people. Almost all are local, including the interns.
"When we got started, we always said we were going to use local folks, and we're trying to do what we said we'd do, " said Coles. "I think it's exciting these bright young kids have a place where they can work and learn and grow."
Anderson, 17, a 2008 graduate of Chatham High School, plans to study chemistry at Hampden-Sydney College this fall.
The youngest of the interns, he spent the summer digitizing huge amounts of historical technical data from Marline.
Anderson thinks the United States should develop more nuclear energy.
"I think it's safe because regulations on the nuclear industry are very stringent," he said.
Anderson also thinks Virginia Uranium, which has promised jobs and an economic boost, may be a good place to work after college.
"This is definitely a job prospect in the future," he said.
Galvan, 19, of Sheva is a student at Johnson Bible College in Tennessee. A sophomore, she is studying to become a social worker, but may change her major after spending the summer at Virginia Uranium.
"Actually, since being here, I'm on the fence," she said. "I'm thinking about looking at engineering."
Like Anderson, Galvan played a key role in digitizing technical data from Marline's extensive research almost 30 years ago.
She also put her creativity and innovation to use developing papers and brochures on complicated subjects like radiation and air quality.
In addition, Galvan helped create a kids' educational section on Virginia Uranium's website.
"I'm just really glad to have the opportunity to work here," she said. "Being here has really opened my eyes."
Wright agreed.
"It's been pretty interesting," he said. "I didn't know much about uranium mining, but I'm more for it now because I understand it better. It's safer than a lot of people think."
Wright, 21, of Chatham is a senior accounting major at Lynchburg College. He used his expertise with numbers to help prepare complex technical data this summer.
Thornton, 19, of Chatham is a rising sophomore at Roanoke College, where she is majoring in global business with a minor in French.
Thornton, whose mother, Nina, works for Virginia Uranium, did a little bit of everything this summer, including research, sitting in on meetings, and working on a newsletter for the uranium company.
"I've learned a lot," she said, noting this is her first real job. "It was a good business experience. I've seen a lot of how a business works."
Shields, 21, may have received the most practical experience as an intern. A 2005 graduate of Chatham High School, he is a senior mining engineering major at Virginia Tech.
Shields conducted field research at Coles Hill and served as key link with professors and other students from Virginia Tech. He also was instrumental in creating geologic modeling of the uranium deposit.
"I've enjoyed being around the home area and looking at what I can be doing in the future," he said. "Hopefully, if this project is going, I'll come back here to work."
Cole, a student at Danville Community College, helped analyze and prepare drill core for assay, helped construct and compile core lab data worksheets, and assisted in locating historic drill holes.
Her brother did similar work, and also created grid maps marking drill holes and their working status. He is a student at Wheaton College in Wheaton, Ill.
Their mother, Jenny, is a geologist for Virginia Uranium.
Source: www.wpcva.com
Friday, August 22, 2008
Xemplar Receives Further Uranium Assays From the Warmbad Drill Program
Press Release
Xemplar Energy Corp. (TSX VENTURE:XE - News; FRANKFURT:E7R - News; NAMIBIA:XEM) (”Xemplar” or “the Company”) is pleased to provide further drill hole assay results from its ongoing Warmbad uranium exploration project in Namibia.
The Company has expanded its drilling program to continue the systematic evaluation of all of these alaskitic bodies on the Warmbad project. There are currently 8 drills at work. The assay results of significance from 13 drill holes are shown in the tables below:
———————————————————–
Big Yellow Centre
———————————————————–
Grade
Hole ID From(m) To(m) Width(m) (ppm U3O8)(i)
———————————————————–
RCBY0022 66.39 93.82 27.43 148.36
Including 70.96 75.53 4.57 193.8
Including 89.25 92.30 3.05 210.6
———————————————————–
RCBY0028 8.35 23.59 15.24 102.75
133.32 136.37 3.04 102.09
160.75 166.85 6.09 112.70
———————————————————–
RCBY0030 78.00 82.00 4.00 102.75
———————————————————–
———————————————————–
Big Yellow East
———————————————————–
Grade
Hole ID From(m) To(m) Width(m) (ppm U3O8)(i)
———————————————————–
RCBYE0025 23.00 30.00 7.00 198.1
38.00 43.00 5.00 107.0
137.00 138.00 1.00 205.8
141.00 145.00 4.00 141.8
147.00 150.00 3.00 123.6
———————————————————–
———————————————————–
Aluriesfontein
———————————————————–
Grade
Hole ID From(m) To(m) Width(m) (ppm U3O8)(i)
———————————————————–
RCALU0006 41.00 45.00 4.00 123.0
———————————————————–
RCALU0016 2.00 35.00 33.00 107.0
Including 2.00 7.00 5.00 216.6
64.00 68.00 4.00 103.6
146.00 159.00 13.00 108.5
———————————————————–
RCALU0021 40.00 43.00 3.00 121.0
———————————————————–
RCALU0022 8.00 16.00 8.00 108.4
23.00 37.00 14.00 108.3
41.00 51.00 10.00 102.1
———————————————————–
RCALU0025 75.00 89.00 14.00 116.1
103.00 116.00 13.00 191.0
Including 110.00 116.00 6.00 318.0
50% assays
from RCALU0025
still
outstanding
———————————————————–
RCALU0029 6.00 8.00 2.00 124.0
12.00 14.00 2.00 174.5
34.00 38.00 4.00 196.0
46.00 53.00 7.00 235.1
85.00 88.00 3.00 223.0
92.00 95.00 3.00 185.6
129.00 134.00 7.00 150.6
———————————————————–
RCALU0030 0.00 2.00 2.00 159.5
69.00 71.00 2.00 136.0
73.00 78.00 5.00 101.0
90.00 92.00 2.00 122.0
131.00 133.00 2.00 131.5
138.00 141.00 3.00 133.6
153.00 155.00 2.00 157.0
———————————————————–
RCALU0031 5.00 17.00 12.00 161.1
50% assays
from RCALU0031
still
outstanding
———————————————————–
RCALU0039 12.00 14.00 2.00 121.0
21.00 31.00 10.00 195.0
103.00 107.00 4.00 126.0
126.00 137.00 11.00 103.0
156.00 197.00 41.00 138.1
———————————————————–
These results, coupled with previous drill holes of significance that were reported on February 4, 2008 and June 18, 2008, are very encouraging as they confirm (a) wide zones of uraniferous granite (alaskite) at depth and (b) that the geologic model adopted by Charles Johnston, Xemplar’s Chief Geologist and Exploration Manager, and his team is proving highly successful in prioritizing project drill targets. The prioritization of drill targets is founded upon an enhanced understanding of the underlying geology of the Warmbad alaskite bodies.
These early-stage drilling results show that the alaskites are relatively thin-sheeted leucogranites which were layered within the country rocks of the Namaqua metamorphic complex. Not all of the alaskites are mineralized, but the geological groundwork and the drilling continue to confirm the widespread uranium mineralization on the property.
In other developments, an additional 2 geologists have been hired, which will contribute to accelerating the exploration program at Warmbad. With the recent new hires, there are 10 geologists working under Charles Johnston.
Year-round drilling at Warmbad continues as the company remains on target with its objective of drilling over 40,000 metres by the end of 2008.
About Xemplar Energy Corp.
Xemplar Energy Corp., a Canadian-based company focused on uranium exploration in Namibia. The Company holds a 100% exploration rights in uranium properties in the Engo Valley, Cape Cross, Aus-Garub and Warmbad regions through its wholly owned subsidiary Windhoek, Namibia-based Namura Mineral Resources Pty. The Company currently holds Exploration Prospecting Licenses (EPL) for its Cape Cross, Aus and Warmbad properties and is waiting to be awarded EPLs for its Engo Valley and Garub properties. With the current EPLs that it holds, it is the largest uranium exploration license holder in Namibia. Upon being awarded the outstanding EPLs, the Company will possess a land package covering nearly 10,000 KM2, further strengthening the Company’s dominant land position.
The primary focus of Xemplar Energy’s work in Namibia is the Warmbad project, where the Company has been actively engaged in an exploration drilling program in a province where the potential of a significant uranium occurrence is being developed. The company had originally identified 14 large, anomalously radiometric alaskitic bodies, which has since been redefined as five larger bodies as some of the original alakite bodies overlap each other. Of these, the Aluriesfontein is the largest, covering 36 square kilometres. Alaskitic rocks also host the Rossing mine in Namibia, which contributes 7 per cent of the global uranium production.
(i) About Uranium Grades
Uranium grades are typically reported in Parts Per Million (PPM) or as a percentage. As a point of reference, 0.01% Uranium is equivalent to 100PPM or 100 grams per ton of ore material (metric). The uranium typically found in Namibia is considered to be low grade, as at the Rossing Mine, the third largest uranium mine in the world. The uranium grades from holes of significance that have been reported from the Warmbad project are consistent with the grades at a number of other uranium deposits found in Namibia. Please refer corporate presentation found on www.xemplar.ca for more information on uranium grades.
Mike Magrum, P. Eng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.
On behalf of the Board of Directors,
Simon Tam, CEO and Director
Xemplar Energy Corp.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward looking statements that are not historical facts and are subject to risks and uncertainties which could cause actual results to differ materially from those set forth in or implied herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Source: Xemplar Energy Corp.
Xemplar Energy Corp. (TSX VENTURE:XE - News; FRANKFURT:E7R - News; NAMIBIA:XEM) (”Xemplar” or “the Company”) is pleased to provide further drill hole assay results from its ongoing Warmbad uranium exploration project in Namibia.
The Company has expanded its drilling program to continue the systematic evaluation of all of these alaskitic bodies on the Warmbad project. There are currently 8 drills at work. The assay results of significance from 13 drill holes are shown in the tables below:
———————————————————–
Big Yellow Centre
———————————————————–
Grade
Hole ID From(m) To(m) Width(m) (ppm U3O8)(i)
———————————————————–
RCBY0022 66.39 93.82 27.43 148.36
Including 70.96 75.53 4.57 193.8
Including 89.25 92.30 3.05 210.6
———————————————————–
RCBY0028 8.35 23.59 15.24 102.75
133.32 136.37 3.04 102.09
160.75 166.85 6.09 112.70
———————————————————–
RCBY0030 78.00 82.00 4.00 102.75
———————————————————–
———————————————————–
Big Yellow East
———————————————————–
Grade
Hole ID From(m) To(m) Width(m) (ppm U3O8)(i)
———————————————————–
RCBYE0025 23.00 30.00 7.00 198.1
38.00 43.00 5.00 107.0
137.00 138.00 1.00 205.8
141.00 145.00 4.00 141.8
147.00 150.00 3.00 123.6
———————————————————–
———————————————————–
Aluriesfontein
———————————————————–
Grade
Hole ID From(m) To(m) Width(m) (ppm U3O8)(i)
———————————————————–
RCALU0006 41.00 45.00 4.00 123.0
———————————————————–
RCALU0016 2.00 35.00 33.00 107.0
Including 2.00 7.00 5.00 216.6
64.00 68.00 4.00 103.6
146.00 159.00 13.00 108.5
———————————————————–
RCALU0021 40.00 43.00 3.00 121.0
———————————————————–
RCALU0022 8.00 16.00 8.00 108.4
23.00 37.00 14.00 108.3
41.00 51.00 10.00 102.1
———————————————————–
RCALU0025 75.00 89.00 14.00 116.1
103.00 116.00 13.00 191.0
Including 110.00 116.00 6.00 318.0
50% assays
from RCALU0025
still
outstanding
———————————————————–
RCALU0029 6.00 8.00 2.00 124.0
12.00 14.00 2.00 174.5
34.00 38.00 4.00 196.0
46.00 53.00 7.00 235.1
85.00 88.00 3.00 223.0
92.00 95.00 3.00 185.6
129.00 134.00 7.00 150.6
———————————————————–
RCALU0030 0.00 2.00 2.00 159.5
69.00 71.00 2.00 136.0
73.00 78.00 5.00 101.0
90.00 92.00 2.00 122.0
131.00 133.00 2.00 131.5
138.00 141.00 3.00 133.6
153.00 155.00 2.00 157.0
———————————————————–
RCALU0031 5.00 17.00 12.00 161.1
50% assays
from RCALU0031
still
outstanding
———————————————————–
RCALU0039 12.00 14.00 2.00 121.0
21.00 31.00 10.00 195.0
103.00 107.00 4.00 126.0
126.00 137.00 11.00 103.0
156.00 197.00 41.00 138.1
———————————————————–
These results, coupled with previous drill holes of significance that were reported on February 4, 2008 and June 18, 2008, are very encouraging as they confirm (a) wide zones of uraniferous granite (alaskite) at depth and (b) that the geologic model adopted by Charles Johnston, Xemplar’s Chief Geologist and Exploration Manager, and his team is proving highly successful in prioritizing project drill targets. The prioritization of drill targets is founded upon an enhanced understanding of the underlying geology of the Warmbad alaskite bodies.
These early-stage drilling results show that the alaskites are relatively thin-sheeted leucogranites which were layered within the country rocks of the Namaqua metamorphic complex. Not all of the alaskites are mineralized, but the geological groundwork and the drilling continue to confirm the widespread uranium mineralization on the property.
In other developments, an additional 2 geologists have been hired, which will contribute to accelerating the exploration program at Warmbad. With the recent new hires, there are 10 geologists working under Charles Johnston.
Year-round drilling at Warmbad continues as the company remains on target with its objective of drilling over 40,000 metres by the end of 2008.
About Xemplar Energy Corp.
Xemplar Energy Corp., a Canadian-based company focused on uranium exploration in Namibia. The Company holds a 100% exploration rights in uranium properties in the Engo Valley, Cape Cross, Aus-Garub and Warmbad regions through its wholly owned subsidiary Windhoek, Namibia-based Namura Mineral Resources Pty. The Company currently holds Exploration Prospecting Licenses (EPL) for its Cape Cross, Aus and Warmbad properties and is waiting to be awarded EPLs for its Engo Valley and Garub properties. With the current EPLs that it holds, it is the largest uranium exploration license holder in Namibia. Upon being awarded the outstanding EPLs, the Company will possess a land package covering nearly 10,000 KM2, further strengthening the Company’s dominant land position.
The primary focus of Xemplar Energy’s work in Namibia is the Warmbad project, where the Company has been actively engaged in an exploration drilling program in a province where the potential of a significant uranium occurrence is being developed. The company had originally identified 14 large, anomalously radiometric alaskitic bodies, which has since been redefined as five larger bodies as some of the original alakite bodies overlap each other. Of these, the Aluriesfontein is the largest, covering 36 square kilometres. Alaskitic rocks also host the Rossing mine in Namibia, which contributes 7 per cent of the global uranium production.
(i) About Uranium Grades
Uranium grades are typically reported in Parts Per Million (PPM) or as a percentage. As a point of reference, 0.01% Uranium is equivalent to 100PPM or 100 grams per ton of ore material (metric). The uranium typically found in Namibia is considered to be low grade, as at the Rossing Mine, the third largest uranium mine in the world. The uranium grades from holes of significance that have been reported from the Warmbad project are consistent with the grades at a number of other uranium deposits found in Namibia. Please refer corporate presentation found on www.xemplar.ca for more information on uranium grades.
Mike Magrum, P. Eng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.
On behalf of the Board of Directors,
Simon Tam, CEO and Director
Xemplar Energy Corp.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward looking statements that are not historical facts and are subject to risks and uncertainties which could cause actual results to differ materially from those set forth in or implied herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Source: Xemplar Energy Corp.
Friday, August 8, 2008
Uranium Exploration And Mining Growth Stock Increases High Return Investment Potential With Progress In Multiple Uranium Mining Projects
In alternative energy news CanAm Uranium Corp. (Stock symbol: CAUI), a uranium exploration and mining growth stock, announces progress with Bancroft, Ontario and Athabasca Basin, Saskatchewan and Sault St. Marie, Ontario Reilly Mining District Canadian uranium mining projects, increasing their potential to produce high investment returns.
(1888PressRelease) October 19, 2007 - Las Vegas, Nevada; Bancroft, Ontario and Athabasca Basin, Saskatchewan, Canada – October 19, 2007 – Uranium (an alternative energy sector) exploration and mining growth company, CanAm Uranium Corp. (Stock symbol: CAUI) announces continued growth and increased value obtained through their strategic acquisition and development of uranium exploration properties in well-known prolific mining areas.
CanAm Uranium Corp. has optioned over 159,000 acres of claims collectively within the Saskatchewan Athabasca Basin, Ontario and Brancroft, Ontario Canada uranium mining production areas.
Uranium has increased from roughly $40 per pound to $135 per pound at its current spot price as of July 2, 2007.
Visit http://www.emergenews.com/caui.htm for links and more information. The corporate site is http://www.CanAmUranium.com.
CanAm Uranium (CAUI) has an option to acquire 100% interest in the Wheeler-Beckett property within the Saskatchewan Athabasca Basin. The property consists of 11 contiguous claims comprising approximately 126,000 acres. The claims are located approximately 24 miles from the McArthur River mine, the largest high-grade uranium mine in the world.
The Bancroft, Ontario uranium claims cover a total of approximately 9,765 acres. They are located in a well-known uranium producing region. The Faraday Mine, in the same geological area, has produced 2,544,716 tons of uranium ore.
Grass Root Acquisitions - CanAm Uranium (CAUI) has made grass root acquisitions in Ontario and British Columbia aiming for rapid growth thru a carefully developed acquisition and Joint Venture growth and high return strategy. CanAm Uranium (CAUI) has been actively contacting the top uranium companies in the world for potential joint venture of uranium properties.
“The key to success is location and people in mining. Be where the high-concentration Uranium is, and have the people and knowledge to finance the company and bring to production the discovery. I am confident with our location and our people which are driving the success of our company,” said Ryan Gibson, CEO.
Mr. Gibson was recently interviewed by WallSt.net on WallStRadio.
These subsidiaries of Financial Media Group, Inc. provide news on emerging growth stocks with the potential to produce growth and high return investments.
He has also been a featured guest on high return investment news and information radio provider, The Bill Chippas Show. The Bill Chippas Show features 27-year veteran investment analyst Bill Chippas (see http://www.billchippasshow.com ) and Mike King, a noted investment analyst whose Princeton Research (see http://www.princetonresearch.com ) of Las Vegas, Nevada has built a national reputation among stock market investors seeking high return investment opportunities.
In more alternative energy growth stock financial news, BUYINS.NET Research Report has signaled a Squeeze Trigger Price of $0.98 for CAUI stock value.
Uranium is used primarily as an energy source for nuclear fission reactors — a safe, efficient, and emission-free alternative to fossil fuels. The market cycle for uranium has recently experienced a sharp increase. An estimated supply shortfall of 80 million pounds per year, for several coming years, is forecast by measuring current annual reactor demand and current annual mine production.
Notice and Forward-Looking Statements - This report is for informational purposes only. All data was obtained from information available on the Internet. No part is to be considered stock solicitation or an offer to buy or sell securities. No investment advice of any kind is to be inferred. This news release may contain “forward looking statements” as defined by SEC regulations. Actual results may differ materially.
(1888PressRelease) October 19, 2007 - Las Vegas, Nevada; Bancroft, Ontario and Athabasca Basin, Saskatchewan, Canada – October 19, 2007 – Uranium (an alternative energy sector) exploration and mining growth company, CanAm Uranium Corp. (Stock symbol: CAUI) announces continued growth and increased value obtained through their strategic acquisition and development of uranium exploration properties in well-known prolific mining areas.
CanAm Uranium Corp. has optioned over 159,000 acres of claims collectively within the Saskatchewan Athabasca Basin, Ontario and Brancroft, Ontario Canada uranium mining production areas.
Uranium has increased from roughly $40 per pound to $135 per pound at its current spot price as of July 2, 2007.
Visit http://www.emergenews.com/caui.htm for links and more information. The corporate site is http://www.CanAmUranium.com.
CanAm Uranium (CAUI) has an option to acquire 100% interest in the Wheeler-Beckett property within the Saskatchewan Athabasca Basin. The property consists of 11 contiguous claims comprising approximately 126,000 acres. The claims are located approximately 24 miles from the McArthur River mine, the largest high-grade uranium mine in the world.
The Bancroft, Ontario uranium claims cover a total of approximately 9,765 acres. They are located in a well-known uranium producing region. The Faraday Mine, in the same geological area, has produced 2,544,716 tons of uranium ore.
Grass Root Acquisitions - CanAm Uranium (CAUI) has made grass root acquisitions in Ontario and British Columbia aiming for rapid growth thru a carefully developed acquisition and Joint Venture growth and high return strategy. CanAm Uranium (CAUI) has been actively contacting the top uranium companies in the world for potential joint venture of uranium properties.
“The key to success is location and people in mining. Be where the high-concentration Uranium is, and have the people and knowledge to finance the company and bring to production the discovery. I am confident with our location and our people which are driving the success of our company,” said Ryan Gibson, CEO.
Mr. Gibson was recently interviewed by WallSt.net on WallStRadio.
These subsidiaries of Financial Media Group, Inc. provide news on emerging growth stocks with the potential to produce growth and high return investments.
He has also been a featured guest on high return investment news and information radio provider, The Bill Chippas Show. The Bill Chippas Show features 27-year veteran investment analyst Bill Chippas (see http://www.billchippasshow.com ) and Mike King, a noted investment analyst whose Princeton Research (see http://www.princetonresearch.com ) of Las Vegas, Nevada has built a national reputation among stock market investors seeking high return investment opportunities.
In more alternative energy growth stock financial news, BUYINS.NET Research Report has signaled a Squeeze Trigger Price of $0.98 for CAUI stock value.
Uranium is used primarily as an energy source for nuclear fission reactors — a safe, efficient, and emission-free alternative to fossil fuels. The market cycle for uranium has recently experienced a sharp increase. An estimated supply shortfall of 80 million pounds per year, for several coming years, is forecast by measuring current annual reactor demand and current annual mine production.
Notice and Forward-Looking Statements - This report is for informational purposes only. All data was obtained from information available on the Internet. No part is to be considered stock solicitation or an offer to buy or sell securities. No investment advice of any kind is to be inferred. This news release may contain “forward looking statements” as defined by SEC regulations. Actual results may differ materially.
Thursday, August 7, 2008
Mining News-Report the Price of Result Mine Exploration in Asian Market : Oil Prices Increase to Near $130 a barel in Asia
Oil prices rose on Monday in Asia to near $130 on concerns that the threat of new sanctions against Iran over its nuclear program may escalate tensions in the oil-rich Gulf region.
Talks on Saturday ended with Iran stonewalling Washington and five other world powers on their call to freeze uranium enrichment. In response, the six gave Iran two weeks to respond to their demand, setting the stage for a new round of U.N. sanctions.
The U.S. sent Undersecretary of State William Burns to the talks in hopes the first-time American presence would encourage Tehran into making concessions. But the talks’ lack of progress may lead to “further isolation” for Iran, the U.S. spokesman said.
Iran state radio quoted President Mahmoud Ahmadinejad as saying the talks were “a step ahead.”
“The talks didn’t resolve the problem of Iran’s nuclear program, and that has been a factor in prices ticking higher today,” said David Moore, a commodity strategist with Commonwealth Bank of Australia in Sydney. “Part of the reason prices had fallen recently was on the expectation a deal could be made there.”
Midday in Singapore, light, sweet crude for August delivery was up 70 cents at $129.58 a barrel in electronic trading on the New York Mercantile Exchange. The price increase Monday came after crude fell more than $17 a barrel from a record high of $147.27 on July 11.
Prices also rose on concerns that Tropical Storm Dolly may distrupt oil operations in the Gulf of Mexico, Moore said.
The storm drenched Mexico’s Yucatan Peninsula and was expected to reach the Gulf of Mexico Monday afternoon packing sustained winds near 50 mph.
“Over the next 12 to 18 months we expect prices to fall on demand side adjustments to the high prices,” Moore said. “But there are certainly chances for short-term spikes with issues such as Iran or storms.”
In other Nymex trade, heating oil futures rose 2.5 cents to $3.7175 a gallon (3.8 liters) while gasoline prices rose 1.91 cents to $3.19 a gallon. Natural gas futures rose 14.8 cents to $10.718 per 1,000 cubic feet.
FIND MORE :
· Russia’s Leading Uranium Miner To Set Up JV With France’s Areva
· Mine Drilling Project Raytec’s Athabasca Uranium Projects
Talks on Saturday ended with Iran stonewalling Washington and five other world powers on their call to freeze uranium enrichment. In response, the six gave Iran two weeks to respond to their demand, setting the stage for a new round of U.N. sanctions.
The U.S. sent Undersecretary of State William Burns to the talks in hopes the first-time American presence would encourage Tehran into making concessions. But the talks’ lack of progress may lead to “further isolation” for Iran, the U.S. spokesman said.
Iran state radio quoted President Mahmoud Ahmadinejad as saying the talks were “a step ahead.”
“The talks didn’t resolve the problem of Iran’s nuclear program, and that has been a factor in prices ticking higher today,” said David Moore, a commodity strategist with Commonwealth Bank of Australia in Sydney. “Part of the reason prices had fallen recently was on the expectation a deal could be made there.”
Midday in Singapore, light, sweet crude for August delivery was up 70 cents at $129.58 a barrel in electronic trading on the New York Mercantile Exchange. The price increase Monday came after crude fell more than $17 a barrel from a record high of $147.27 on July 11.
Prices also rose on concerns that Tropical Storm Dolly may distrupt oil operations in the Gulf of Mexico, Moore said.
The storm drenched Mexico’s Yucatan Peninsula and was expected to reach the Gulf of Mexico Monday afternoon packing sustained winds near 50 mph.
“Over the next 12 to 18 months we expect prices to fall on demand side adjustments to the high prices,” Moore said. “But there are certainly chances for short-term spikes with issues such as Iran or storms.”
In other Nymex trade, heating oil futures rose 2.5 cents to $3.7175 a gallon (3.8 liters) while gasoline prices rose 1.91 cents to $3.19 a gallon. Natural gas futures rose 14.8 cents to $10.718 per 1,000 cubic feet.
FIND MORE :
· Russia’s Leading Uranium Miner To Set Up JV With France’s Areva
· Mine Drilling Project Raytec’s Athabasca Uranium Projects
Mining News-‘Mining For Money’ At The InvestorIdeas.com Online Mining And Resource Investor Conference Starting September 19th
Online Audio Event to Showcase Top Industry Experts Peter Grandich, Lawrence Roulston and Kitco’s Jon Nadler Discussing Investment Opportunities within the Resource Sector
(1888PressRelease) August 08, 2007 - POINT ROBERTS, WA and DELTA, BC – www.InvestorIdeas.com, and its mining portals update the list of participants for the upcoming online mining & resource conference taking place on September 19th. This popular online event provides investors with free registration and an educational experience to better understand trends and movements with the resource sector. Participating industry experts and public companies will discuss trends and market opportunities to include gold, silver, copper, uranium, diamonds and other key segments within the resource sector.
The format for the online conference will consist of audio and visual presentations averaging 15-20 minutes in length. Investors can register at: http://www.investorideas.com/forums/Register.aspx
Current Conference Participants Include:
• Martha Buckwalter-Davis, Research Associate - Mining & Energy, Fundamental Research Corp. www.researchfrc.com
• Peter Grandich, Founder, Grandich Publications, LLC www.Grandich.com
• Jon Nadler, Senior Analyst, Kitco Inc. www.Kitco.com
• Lawrence Roulston, Resource Opportunities www.resourceopportunities.com
• Nayarit Gold Inc.(TSX.V: NYG) is a Canadian gold and silver exploration company formed in May, 2005. The Company controls over 102,000 hectares of mining concessions in the State of Nayarit, Mexico. Nayarit Gold Inc.’s management team consists of highly experienced mining and financial professionals. The Company is focused on its 7,000 metre Phase One drill program, and will apply a systematic drill program to its high quality asset. Management’s strategy is to build Nayarit Gold Inc. into a profitable resource company and maximize shareholder value through exploration of its high quality mining properties in the State of Nayarit, Mexico. The Company is committed to working with the government and people of Mexico to achieve a modern and sustainable mining region. The Company follows best practices in health and safety, environmental and community engagement. www.nayaritgold.com
To learn more about the upcoming Mining and Resource Conference visit:
http://www.investorideas.com/forums/Portals/resources2.aspx
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, do not make recommendations, but feature industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research:
http://www.gold-miningstocks.com/NewsUploader/Submission.aspx
Conference Disclaimer: InvestorIdeas.com is paid a one-time fee of $1000, by participating public companies (groups of multiple presenters may be discounted). All descriptions are provided by participants. All companies agree to adhere to regulatory policies.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Investorideas.com is compensated by featured companies, news submissions and online advertising
www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information on Participating in this Upcoming Online Conference Please Contact:
Dawn Van Zant: 800-665-0411 - dvanzant ( @ ) investorideas dot com
Ann-Marie Fleming: 866-725-2554 - afleming ( @ ) investorideas dot com
Source: InvestorIdeas.com
(1888PressRelease) August 08, 2007 - POINT ROBERTS, WA and DELTA, BC – www.InvestorIdeas.com, and its mining portals update the list of participants for the upcoming online mining & resource conference taking place on September 19th. This popular online event provides investors with free registration and an educational experience to better understand trends and movements with the resource sector. Participating industry experts and public companies will discuss trends and market opportunities to include gold, silver, copper, uranium, diamonds and other key segments within the resource sector.
The format for the online conference will consist of audio and visual presentations averaging 15-20 minutes in length. Investors can register at: http://www.investorideas.com/forums/Register.aspx
Current Conference Participants Include:
• Martha Buckwalter-Davis, Research Associate - Mining & Energy, Fundamental Research Corp. www.researchfrc.com
• Peter Grandich, Founder, Grandich Publications, LLC www.Grandich.com
• Jon Nadler, Senior Analyst, Kitco Inc. www.Kitco.com
• Lawrence Roulston, Resource Opportunities www.resourceopportunities.com
• Nayarit Gold Inc.(TSX.V: NYG) is a Canadian gold and silver exploration company formed in May, 2005. The Company controls over 102,000 hectares of mining concessions in the State of Nayarit, Mexico. Nayarit Gold Inc.’s management team consists of highly experienced mining and financial professionals. The Company is focused on its 7,000 metre Phase One drill program, and will apply a systematic drill program to its high quality asset. Management’s strategy is to build Nayarit Gold Inc. into a profitable resource company and maximize shareholder value through exploration of its high quality mining properties in the State of Nayarit, Mexico. The Company is committed to working with the government and people of Mexico to achieve a modern and sustainable mining region. The Company follows best practices in health and safety, environmental and community engagement. www.nayaritgold.com
To learn more about the upcoming Mining and Resource Conference visit:
http://www.investorideas.com/forums/Portals/resources2.aspx
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, do not make recommendations, but feature industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research:
http://www.gold-miningstocks.com/NewsUploader/Submission.aspx
Conference Disclaimer: InvestorIdeas.com is paid a one-time fee of $1000, by participating public companies (groups of multiple presenters may be discounted). All descriptions are provided by participants. All companies agree to adhere to regulatory policies.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Investorideas.com is compensated by featured companies, news submissions and online advertising
www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information on Participating in this Upcoming Online Conference Please Contact:
Dawn Van Zant: 800-665-0411 - dvanzant ( @ ) investorideas dot com
Ann-Marie Fleming: 866-725-2554 - afleming ( @ ) investorideas dot com
Source: InvestorIdeas.com
Wednesday, August 6, 2008
Mining News-Investing in Uranium Stocks: The One Commodity Practically Guaranteed To Continue Increasing in Value…
We’re on the verge of the world’s last energy bull market. And just as uranium’s momentum seemed to peak . . .
In October 2006, disaster struck at one of the world’s largest uranium mines–Cameco’s Cigar Lake project. The underground uranium mine was completely flooded . . . and Cameco was forced to cease all production. This mine had been expected to supply 17% of the world’s uranium demand. While Cameco hopes to resume production at Cigar Lake again in 2011, the outlook is grim. They’re having a serious problem repairing the damage and may have lost the mine completely.
Fact is, uranium production today is so tight, it can only satisfy 60% of global demand–with no relief in sight. This shortage has propelled uranium prices to a record of $138/lb. last June . . . jumping 575% in just two years!
In the wake of “yellowcake” uranium’s dramatic rise, a multitude of uranium companies were started. But most of these companies don’t even plan to bring their mines into production . . . and are doomed to fail. Yet here’s the rub for investors looking to invest in uranium stocks and funds. . . a few small uranium companies are on their way to triple-digit gains.
To get the full details in our new uranium stock report, simply sign up for the free Energy and Capital e-Letter, a daily advisory on the fast-moving profits in the energy stock sector, written and edited by energy and natural resources investing experts Chris Nelder and Keith Kohl.
You’ll get our latest uranium investment forecast report, including the following urgent details:
The two uranium mining stocks that your investment portfolio cannot do without.
Why the price of uranium is expected to more than double by the end of next year.
How to spot international uranium corporation stocks with savvy management, proven track records and strong land packages in geopolitically safe countries.
_____________________
Learn how to get your free copy of the new book, Profit from the Peak (featured on CNBC and Fox News), after signing up for the Energy & Capital e-Letter.After gaining access to your uranium report, you’ll begin receiving the Energy and Capital e-Letter, delivered to your inbox five times a week. In each issue, you’ll discover the foresight and vision to exploit the investment opportunities of a post-oil economy.
Here are some recent Energy and Capital issues our readers picked as their favorites:
Uranium Prices in 2008: $255/lb. Is Just the Beginning for Uranium Stocks
Investing in Water: Why Water Is One of Today’s Best Investment Plays… and How To Profit Right Now
The Blueprint for the Energy Crisis Solution & How To Make a Fortune in the Process
Putting Peak Oil to the Test: 3 Ways to Invest in Energy Prices
The Future: Steam-Powered Cars… Investing in Geothermal Resources that Benefit the Environment
Today, energy is at a crossroads. Like a lit fuse, a catastrophe of immeasurable proportions is looming. And while the energy crisis is beginning to make its way into the media limelight, few are aware of the true scope and magnitude of this crisis.
Become an Energy and Capital member today. It’s free, and there’s absolutely no obligation, ever. And don’t forget to get rich this time!
In October 2006, disaster struck at one of the world’s largest uranium mines–Cameco’s Cigar Lake project. The underground uranium mine was completely flooded . . . and Cameco was forced to cease all production. This mine had been expected to supply 17% of the world’s uranium demand. While Cameco hopes to resume production at Cigar Lake again in 2011, the outlook is grim. They’re having a serious problem repairing the damage and may have lost the mine completely.
Fact is, uranium production today is so tight, it can only satisfy 60% of global demand–with no relief in sight. This shortage has propelled uranium prices to a record of $138/lb. last June . . . jumping 575% in just two years!
In the wake of “yellowcake” uranium’s dramatic rise, a multitude of uranium companies were started. But most of these companies don’t even plan to bring their mines into production . . . and are doomed to fail. Yet here’s the rub for investors looking to invest in uranium stocks and funds. . . a few small uranium companies are on their way to triple-digit gains.
To get the full details in our new uranium stock report, simply sign up for the free Energy and Capital e-Letter, a daily advisory on the fast-moving profits in the energy stock sector, written and edited by energy and natural resources investing experts Chris Nelder and Keith Kohl.
You’ll get our latest uranium investment forecast report, including the following urgent details:
The two uranium mining stocks that your investment portfolio cannot do without.
Why the price of uranium is expected to more than double by the end of next year.
How to spot international uranium corporation stocks with savvy management, proven track records and strong land packages in geopolitically safe countries.
_____________________
Learn how to get your free copy of the new book, Profit from the Peak (featured on CNBC and Fox News), after signing up for the Energy & Capital e-Letter.After gaining access to your uranium report, you’ll begin receiving the Energy and Capital e-Letter, delivered to your inbox five times a week. In each issue, you’ll discover the foresight and vision to exploit the investment opportunities of a post-oil economy.
Here are some recent Energy and Capital issues our readers picked as their favorites:
Uranium Prices in 2008: $255/lb. Is Just the Beginning for Uranium Stocks
Investing in Water: Why Water Is One of Today’s Best Investment Plays… and How To Profit Right Now
The Blueprint for the Energy Crisis Solution & How To Make a Fortune in the Process
Putting Peak Oil to the Test: 3 Ways to Invest in Energy Prices
The Future: Steam-Powered Cars… Investing in Geothermal Resources that Benefit the Environment
Today, energy is at a crossroads. Like a lit fuse, a catastrophe of immeasurable proportions is looming. And while the energy crisis is beginning to make its way into the media limelight, few are aware of the true scope and magnitude of this crisis.
Become an Energy and Capital member today. It’s free, and there’s absolutely no obligation, ever. And don’t forget to get rich this time!
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