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   Gold/Mining/EnergyUranium Stocks


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From: LoneClone6/19/2019 11:49:07 AM
   of 19037
 
Virginia uranium-mining ban upheld by US Supreme Court

miningweekly.com

17th June 2019

By: Bloomberg

WASHINGTON – The US Supreme Court upheld a Virginia law that bans mining at the nation’s largest known uranium deposit, rejecting a challenge pressed by the owners of the property with help from the Trump administration.

Voting 6-3, the justices said Virginia’s uranium- mining ban is in accord with a 1954 federal law that gives the US Nuclear Regulatory Commission power over atomic safety. The majority said the 1954 law didn’t affect the longstanding power of states to regulate mining.

“Every indication in the law before us suggests that Congress elected to leave mining regulation on private land to the states and grant the NRC regulatory authority only after uranium is removed from the Earth,” Justice Neil Gorsuch wrote in the court’s lead opinion.

The landowners contended the state’s law, though phrased as a ban on mining, was actually driven by radiological safety concerns over the process of milling the ore and the disposition of mine waste known as tailings.

Gorsuch said the court should be hesitant to scrutinize the reasons behind a state measure, saying that would “require serious intrusions into state legislative processes.”

OWNED BY JEFFERSON

That aspect of his opinion drew objections from three members of the majority -- Justices Ruth Bader Ginsburg, Sonia Sotomayor and Elena Kagan. Ginsburg said in a separate opinion for that group that Gorsuch’s discussion “sweeps well beyond the confines of this case, and therefore seems to me inappropriate in an opinion speaking for the court, rather than for individual members of the court.”

Only Justices Clarence Thomas and Brett Kavanaugh joined Gorsuch’s opinion. Chief Justice John Roberts and Justices Stephen Breyer and Samuel Alito dissented.

The property, about 30 miles north of the North Carolina border in Pittsylvania County, was once owned by Thomas Jefferson. It’s now controlled by Virginia Energy Resources Inc. and the family of Walter Coles Sr. The Coles family first learned there might be uranium on the property in the 1970s.

The site contains an estimated 119-million pounds of uranium. Once valued at $6 billion, the deposit could displace the imports that now constitute 90% of the uranium used by the nation’s nuclear power plants.

Virginia first banned uranium mining in 1982 following the Three Mile Island nuclear power station partial meltdown near Harrisburg, Pennsylvania, three years earlier.

The case is Virginia Uranium v. Warren, 16-1275.

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From: The Barracuda™6/20/2019 11:39:12 PM
   of 19037
 
I think NXE bottomed at $1.35

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To: The Barracuda™ who wrote (18205)6/21/2019 7:44:56 AM
From: Logain Ablar
   of 19037
 
Hi Barracuda:

Fundamentals Lining Up For Uranium

sprottmedia.com

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From: The Barracuda™6/21/2019 10:47:46 AM
   of 19037
 
Rick Rule interview with FCU

Rick Rule Sprott interview with FCU

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From: The Barracuda™6/21/2019 5:34:40 PM
   of 19037
 
When the "market" decides to move into uranium, there is a lot of fuel.


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To: Logain Ablar who wrote (18206)6/22/2019 8:26:35 AM
From: golfer72
   of 19037
 
Ive been hearing that for years! Eventually i guess it will happen. I have U stocks so im ready

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From: LoneClone6/22/2019 9:41:14 PM
   of 19037
 
Appia Identifies 900 Meter-Long Uranium Mineralization Trend on the Loranger Property

ca.finance.yahoo.com

NewsfileJune 18, 2019

Toronto, Ontario--(Newsfile Corp. - June 18, 2019) - Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") is pleased to report the assay results from the completed diamond drill program (the "Program") on the Loranger property (the "Property"). The Property is located 28 km southeast of Cameco's Rabbit Lake mill, Athabasca Basin, northern Saskatchewan.

Highlights of the winter drilling include 3.15 m of 0.032 wt% U3O8 at 96.75 m drill hole depth in hole LOR-19-03 and 0.7 m grading 0.066 wt% U3O8 at 105.5 m drill hole depth in hole LOR-19-02. U3O8 assay results for the drill holes are presented in Table 1. A total of 1,063 metres was completed in eight drill holes covering three target areas (Figure 1).

Mr. James Sykes, Appia's Vice-President, Exploration and Development, comments: "We are pleased with the drill results. First, we've confirmed uranium mineralization in two target areas, and especially the drill holes within Target Area 2 (LOR-19-01 to LOR-19-04A), a 900 m long area, all intersected uranium mineralization. Second, we observed uranium "depletion" associated with a massive hydrothermal fluid fault network system encountered in Target Area 1 (LOR-19-07A and LOR-19-08), indicating uranium has been mobilized and potentially "re-deposited" somewhere along the structural trends. Third, the uranium mineralization drill hole assay results mostly correlate with hydrothermal alteration styles and re-mobilized ductile/brittle structural zones encountered in both target areas. In particular, we observe redox fronts (hematite +/- limonite with bleaching) showing elemental ratios (Up/Ut, Tht/Ut, Pb206/Pb204) typical of uranium fluid pathways. Fourth, boron (a uranium pathfinder element) is commonly elevated (i.e. >100 ppm and at least more than twice the background) in the re-mobilized graphitic/carbonaceous material ductile/brittle structural zones, with drill hole LOR-19-08 exhibiting the highest concentrations of boron (121 to 263 ppm B)."

Together with the 2017 program, the Company has tested only 5 of the 22 previously identified gravity low targets and covered only 2.3 km of the 94.0 total km of conductive strike length; with a cumulative total of 15 drill holes and 2,524 total metres drilled. The Company plans to continue exploring the Property with diamond drilling, ground gravity geophysics, and ground radiometric prospecting in combination with geological mapping.

Split core samples were taken over 0.1 to 1.2 m core lengths covering scintillometer readings, hydrothermal alteration and ductile/brittle structures. All the drill core samples were shipped from the project site and hand-delivered to the Saskatchewan Research Council's ("SRC") Geoanalytical Laboratory in Saskatoon, SK.

Geochemical assay results were provided by SRC's Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, SK, for multi-element analysis using the ICPMS and Boron Lab Packages. All reported values were provided from SRC as U ppm and were converted to U3O8 wt% by Appia using a conversion factor of 1.1792/10000.

All geochemical results reported herein have passed rigorous internal QAQC review and compilation. The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, P.Geo, Advisor to the Board of Directors of Appia, and a Qualified Person as defined by National Instrument 43-101.

About Appia

Appia is a Canadian publicly-traded company in the uranium and rare earth element sectors. The Company is currently focusing on delineating high-grade critical rare earth elements ("REE") and uranium on the Alces Lake property, as well as prospecting for high-grade uranium in the prolific Athabasca Basin on its Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 61,364 hectares (151,633 acres) in Saskatchewan.

The Company also has a 100% interest in 12,545 hectares (31,000 acres), including rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario, which historically produced over 300 million pounds of U3O8 and is the only Canadian camp that has had significant rare earth element (yttrium) production.

Appia's technical team is directed by James Sykes, who has had direct and indirect involvement with over 550 million lbs. U3O8 being discovered in five deposits in the Athabasca Basin.

Appia has 65.0 million common shares outstanding, 86.2 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward- looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Tom Drivas, President, CEO and Director: (tel) 416-546-2707, (fax) 416-218-9772 or (email) appia@appiaenergy.ca

James Sykes, VP Exploration & Development, (tel) 306-221-8717, (fax) 416-218-9772 or (email) jsykes@uraniumgeologist.com

Frank van de Water, Chief Financial Officer and Director, (tel) 416-546-2707, (fax) 416-218-9772 or (email) fvandewater@rogers.com



Cannot view this image? Visit: media.zenfs.com

Figure 1
To view an enhanced version of this graphic, please visit:
orders.newsfilecorp.com

TABLE 1: LORANGER PROJECT - WINTER 2019 DRILL HOLE U3O8 ASSAY RESULTS

DDH

Target Area

Az.*

Dip

EOH* (m)

From (m)

To (m)

Interval (m)

Vertical Depth (m)

U3O8 (wt%)

LOR-19-01

2

320

-60

141.0

55.15

55.30

0.15

48.16

0.011






59.50

59.75

0.25

51.84

0.012






Composite Total


0.40


0.012

LOR-19-02

2

320

-60

123.0

87.90

88.55

0.65

77.15

0.037






105.50

106.20

0.70

92.58

0.066






115.50

115.85

0.35

101.54

0.023






Composite Total


1.70


0.046

LOR-19-03

2

330

-60

159.0

82.45

82.65

0.20

71.58

0.014






96.75

99.90

3.15

84.30

0.032






102.95

104.05

1.10

89.30

0.040






108.60

109.05

0.45

94.30

0.085






Composite Total


4.90


0.038

LOR-19-04

2

320

-60

21.0

Hole abandoned in overburden, restarted as LOR-19-04A

LOR-19-04A

2

320

-60

90.3

63.20

63.40

0.20

54.48

0.017






72.70

73.00

0.30

62.55

0.010






78.95

79.05

0.10

67.87

0.012






80.20

80.30

0.10

68.97

0.028






83.45

83.80

0.35

71.45

0.012






85.45

85.55

0.10

73.37

0.017






Composite Total


1.15


0.014

LOR-19-05

3

160

-60

58.3

Hole abandoned in overburden, not restarted

LOR-19-06

3

0

-90

140.6

No significant results

LOR-19-07

1

170

-60

15.0

Hole abandoned in overburden, restarted as LOR-19-07

LOR-19-07A

1

170

-60

131.8

No significant results

LOR-19-08

1

230

-45

183.0

133.25

133.50

0.25

91.99

0.011






148.85

150.00

1.15

103.04

0.020






Composite Total


1.40


0.018

Cut-off grade = 0.01% U3O8








Maximum consecutive internal dilution = 2.0 m down hole




True widths have yet to be determined







All Uranium (ppm) results received by SRC from the ICP-MS Total Digestion lab package were converted to U3O8 (wt%) using a conversion factor of (x1.1792/10000)


* "Az." Refers to "drill hole azimuth" and "EOH" refers to "end of drill hole"



To view the source version of this press release, please visit newsfilecorp.com


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To: golfer72 who wrote (18209)6/23/2019 6:34:31 AM
From: Logain Ablar
   of 19037
 
I watch and wait.

Seems like a lot of supply has been built up and is just waiting on the side lines.

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From: The Barracuda™6/27/2019 12:35:04 PM
   of 19037
 
Under feeding

Part 1. sightlineu3o8.com

Part 2. sightlineu3o8.com

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From: The Barracuda™6/27/2019 8:06:22 PM
   of 19037
 
Money talks, bull $hit walks. SWU in lift off mode. CCJ getting ready to rumble. Don't listen to the nattering nabobs of negativism in the uranium market. Look at where the (industry) money is actually going not what the average spec is doing.


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