Senator Minerals is pleased to announce that the Company has entered into an agreement to acquire all of the outstanding share capital of Keefe Lake Projects Inc. Subject to existing royalty rights, Keefe Lake Projects holds a 100% interest in the Keefe Lake Uranium Project, an advanced exploration project that covers an area of approximately 15,400 hectares, on the eastern side of the Athabasca Basin, in northeastern [...]
Senator Minerals is pleased to announce that, in light of the recent decision by Cameco Corp. to temporarily “suspending production” at the McArthur River mine, the Company is looking to expand its focus to the acquisition of additional advanced exploration projects and established deposits. The suspension at the McArthur River Mine, the world’s largest operating uranium mine accounting for about 10% of [...]
Senator Minerals Inc. At the request of the Investment Industry Regulatory Organization of Canada, the Company confirms its management is unaware of any material change in the operations of the Company which would account for the recent market activity. The Company will continue to provide updates of any material changes if, and when, they occur. As a result of the current market conditions, the Company is in the process [...]
Senator Minerals is pleased to announce that the Company has completed its initial interpretation of radon gas results for its Carter Lake and PNE uranium projects, both of which are located on the west side of the Athabasca Basin, Saskatchewan. The results confirmed that the highest concentrations of radon gas observed in the 2017 programs on both projects strongly correlated with the faulting in the subsurface [...]
Senator Minerals is pleased to announce that it has engaged Peter Walcott & Associates to complete an interpretation of ground geophysical data, previously acquired in conjunction with Fission 3.0, on the PNE Uranium Project. The survey data is derived from a DC resistivity survey, completed by Patterson Geophysics in 2014. The purpose of the interpretation is to examine the sandstone layers for evidence and patterns of [...]
VANCOUVER, British Columbia, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Senator Minerals Inc. (SNR—TSXV) (SNRAF—OTC) (T1KA—Frankfurt) (“Senator” or the “Company”) is pleased to announce that the Company has received radon gas results from Alpha Track Labs of Vancouver, British Columbia for its Carter Lake and PNE uranium projects, both of which are located on the west side of the Athabasca [...]
Senator Minerals is pleased to announce that, through its exploration consultant Canexplor Management Ltd., it is pursuing an expansion of the Carter Lake Uranium Project. The Company is in negotiations with property holders immediately adjacent to the Carter Lake Project with the intention to expand the size of the property and the exploration target. The discussions are early stage, and the Company cautions that there [...]
Senator Minerals is pleased to announce that the Company intends to follow up its radon gas survey on its 100% owned PNE and Carter Lake Projects with a boulder train survey. A boulder train survey is a systematic prospecting program mapping significant rock outcrops and their radioactivity. Subsequent evaluation of this data is correlated with glacial movements to establish the origin of the radioactivity. The [...]
Senator Minerals is pleased to announce that the Company has delivered 342 Radon Cups to Alpha-Track Uranium Exploration Services for Assay. A total of 158 sensors from the Carter Lake project and 184 from the PNE project were collected and forwarded for assay. Anomalous radon gas, which is a product of uranium decay, gives a direct correlation to the presence of subsurface uranium. At both projects, sensors were deployed [...]
Senator Minerals is pleased to announce that due to strong market interest, it has increased the pricing of its previously announced financing by approximately 20%, from $1.60 to $1.90 per share. The Company intends to issue 2,631,579 common shares for gross proceeds of $5,000,000. Proceeds of the private placement will be used to conduct the Company’s ongoing exploration program, including the Company’s Winter 2017/18 [...]
Senator Minerals is pleased to announce that the Company has completed the deployment of Alpha Track radon gas sensors in an array over the Carter Lake Conductive Zone, which was previously identified through a VTEM (Mag/EM) survey, performed by ESO Uranium Corp. The Company is confident that this milestone will be a significant step forward and it is excited to receive the results from this work program.
Senator Minerals is pleased to announce that following completion of its acquisition of the Carter Lake Uranium Project, the Company has received expressions of interest in additional financing. To address this interest the board has elected to undertake a non-brokered private placement of up to 3,125,000 common shares, at a price of $1.60 per share, for gross proceeds of up to $5,000,000. Tim Fernback, President of the [...]