Western Uranium & Vanadium Corp. is pleased to provide further details on our previous announcement regarding a new mineral processing facility in Utah to be built by the Company in the Green River Industrial Park . Western's mineral processing facility will complement other planned strategic uses of the Industrial Complex, including a nuclear [...]
Western Uranium & Vanadium Corp. is pleased to announce that it has acquired property in the State of Utah to build a state-of-the-art mineral processing plant . Site and Facility design, as well as permitting, has begun. The Facility will be designed and constructed to recover uranium, vanadium and cobalt from ore mined both from mines owned by [...]
Western Uranium & Vanadium Corp. is providing the following shareholder updates: Mining Operations - Sunday Mine Complex Western's transition from employing a mining contractor to building an in-house mining operation has now been completed. Since this transition began in spring 2022, ten employees have been added to support mining operations and [...]
Western Uranium & Vanadium Corp. is providing the following updates: Nuclear Fuel and Uranium Markets Western currently is observing positive catalysts across multiple levels of the nuclear fuel and uranium markets. At a micro-level the projected supply / demand imbalance is expanding. Demand is increasing with new reactors being built, next [...]
Western Uranium & Vanadium Corp. is providing the following Company updates: Sunday Mine Operations Ore production during mine development has resulted in ore stockpiled in the mine with a uranium and vanadium value, after processing, of over six million dollars . At the end of March, the mining contractor engaged by Western decided to retire from [...]
Western Uranium & Vanadium Corp. is providing the following Company updates: Sunday Mine Complex - GMG Ore Body: Production Update The first phase of the ongoing Sunday Mine Complex project was to define and develop the GMG Ore Body ; however after 30 feet of waste rock removal high-grade uranium ore has been intersected continuously. Thus the team [...]
Western Uranium & Vanadium Corp. through its wholly-owned subsidiary, Black Range Minerals, has received the first royalty payment for oil and gas production from its property located in Weld County Colorado. This first royalty payment was in the amount of $207,552, which represents payment since sales began in August 2021 through December 2021 [...]
Western Uranium & Vanadium Corp. is pleased to announce the second closing of its non-brokered private placement . At this closing, the Company raised gross proceeds of CAD$3,992,920 through the issuance of 2,495,575 units at a price of CAD$1.60 per Unit. The total raised in the two tranches of this Private Placement of 2,868,541 Units aggregates [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates. Strategic Acquisition of Physical Uranium The Company has completed the acquisition of 125,000 pounds of natural uranium concentrate. This was announced in June 2021, and because of uranium prices at the time, Western paid a price of $32 per pound for the U3O8. Uranium [...]
Western Uranium & Vanadium Corp. is pleased to announce the closing of a non-brokered private placement of 372,966 units at a price of CAD$1.60 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$596,746. Each Unit consists of one common share of Western plus one common share purchase warrant of Western . Each [...]
Western Uranium & Vanadium Corp. is pleased to provide the following update. Mining Operations at the Sunday Mine Complex are proceeding and producing results far beyond expectations. The development of one of the multiple SMC ore bodies, the GMG Ore Body, required the drift to be extended 150 feet to reach the first surface exploration drill hole [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates. Sunday Mine Complex Project Update Active mining operations have resumed at the Sunday Mine Complex, and the project is already producing strong results. Ore was anticipated to be encountered after 150 feet of underground development; however drilling of the GMG ore body [...]