By Rose Ragsdale
For Mining News 

Uranium explorers return to Far North

ValOre Metals and others are working to identify new deposits North of 60 Mining News – March 3, 2023

 

Last updated 3/23/2023 at 5:54pm

Aerial view of drill testing for uranium on tundra next to a fog covered lake.

ValOre Metals Corp.

ValOre Metals completed 6,755 meters of drilling in 53 holes during its 2022 program at its Angilak uranium project.

While lithium deposits are sparking fresh interest in Canada's northernmost territory, uranium is also spurring exploration companies to venture north this year to search for mineral riches in Nunavut.

After a prolonged slump dating back to the recession in 2008, uranium prices are beginning to rebound as nuclear-generated power gains global acceptance as a viable source of affordable green en...



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