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Mesa Uranium Corp Com Npv (TSX:MZU)
Last Price (CAD)
$ 0.08
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Mesa Uranium Corp Com Npv (TSX:MZU)
Last Price (CAD)
$ 0.08
Change
◊ 0
Bid -
Ask -
Volume -
Day's Range - - -
Click for Detailed Quote Page
Last Trade:- -
Mesa Uranium Corp Com Npv (TSX:MZU)
Last Price (CAD)
$ 0.08
Change
◊ 0
Bid -
Ask -
Volume -
Day's Range - - -
Click for Detailed Quote Page
Last Trade:- -
Mesa Uranium Corp Com Npv (TSX:MZU)
Last Price (CAD)
$ 0.08
Change
◊ 0
Bid -
Ask -
Volume -
Day's Range - - -
Click for Detailed Quote Page
Last Trade:- -
God Bless
Annual uranium use is 69 percent greater than the 39,429 tons that was mined in 2006, according to the most recent data from the WNA. The balance comes from inventories and decommissioned weapons. A Russian accord to export fuel recovered from nuclear warheads to the United States expires in 2013.
"Secondary supplies are finite and rapidly being depleted," Deutsche Bank analysts wrote in a report.
"Continual supply issues and the likelihood of increased demand
from utilities should drive the spot price higher during
the third quarter of this year."
Demand is set to increase as existing reactors are brought
back on line, while nuclear energy gains converts.
http://www.iht.com/articles/2008/06/23/business/uranium.php
http://investorshub.advfn.com/boards/board.aspx?board_id=7773
God Bless
HowardHughs welcome to Mesa Uranium -
well, it is nice by Wilson to have good inside info -
myself I paid a much higher price for Mesa -
but your info confirm the LT value to us -
--
Mesa Uranium's Wilson buys 1.81 million shares -
2008-07-29 11:09 ET - News Release
Mr. Foster Wilson reports -
ACQUISITION OF SHARES OF MESA URANIUM CORP.
Further to disclosure requirements of applicable securities laws, Mesa Uranium Corp. president and chief executive officer Foster Wilson acquired ownership of 1,818,181 common shares of the company at a price of 11 cents per share in accordance with a non-brokered private placement of common shares of the company. The 1,818,181 shares represent a total of 6.3 per cent of the company's issued and outstanding common shares as of July 24, 2008. In addition, Mr. Wilson acquired 909,090 warrants of the company exercisable to acquire common shares at a price of 15 cents per share that, when added to the shares, would represent a total of 9.2 per cent of the company's issued and outstanding common shares as of July 24, 2008.
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:MZU-1516152&symbol=MZU&news_region=C
--
God Bless
"Uranium is underpriced now and its supply-demand fundamentals are robust" ----------Commodity Online
NEW DELHI: In India, Uranium is a hot commodity because the nation needs it to run its nuclear reactors idling 50 percent as of now as is the case with many others building nuclear reactors. The Indo-US nuclear deal has brought the commodity into sharp focus here.
Several analysts are bullish on the commodity uranium now whose peak was a year ago near $140 while now it is trading at around $57. This led to the coining of the term “Uranimania” by Bob Bishop, according to Dr Russel McDougal in Investor's Daily Edge.
However, uranium is not something that can be brought and sold by the common man. . It trades almost entirely by private contracts. Private parties have to come to terms for delivery of present or future uranium supplies. There is a massive gap between the current “spot” price and what many uranium experts believe is a more realistic price.
The only option for the ordinary investor is to invest in Uranium stocks which have been doing fairly well recent times There is a fantastic opportunity in the uranium exploration and mining shares, write McDougal.
The uranium market does not solely depend on the US figuring out that nuclear energy is clean, cheap and safe. China, India and multiple others are already in progress, McDougal adds.
Uranium mining faces an uphill battle. Miners are not poised to bring forth sufficient supply to meet current demand until 2018, at the earliest. In situ miners (those who use an environmentally friendly extraction process) are running into problems finding enough attractively priced sulfur to bring forth the uranium. Exploration, permitting and mining is an exceedingly long process. There remains tremendous resistance to uranium mining in many jurisdictions. Supply will lag demand for an extended period.
Nuclear plants release very little carbon. There is insufficient primary uranium supply to meet current needs. Only 60 percent comes from present mining operations, with the rest supplied by decommissioned nuclear warheads. Russia is the foremost supplier and they don’t have an endless supply.
Uranium mining supply faces an uphill battle. They are not posed to bring forth sufficient supply until 2018 at the earliest. In situ miners (an environmentally friendly extraction process) are running into problems finding enough attractively priced sulfur to bring forth the uranium. Exploration, permitting and mining is an exceedingly long process. There remains tremendous resistance to uranium mining in many jurisdictions. Supply will lag demand for an extended period of time, writes McDougal.
The world is turning towards uranium as it does not contribute to global warming. The French based International Energy Agency wants 32 plants built per year around the globe between now and 2050. As many as 145 new nuclear plants are presently on the table between now and 2030. China could build 45, 18 in Russia, 17 in India and 15 in the U.S. The U.S. presently has 104 in use. Europe has 197 plants in use and 13 under construction.
Meanwhile, the UPA government in India which has won the no-trust vote has categorically said that it will try to finish the Indo-US deal which it says is vital for energy security of the country. The Director of Bhabha Atomic Research Centre (BARC) has also announced significant additions to nuclear generation capacity in India.
At present there is an aversion to uranium as a commodity but the “uraniphobia” won’t last. This is because Uranium is underpriced now and its supply-demand fundamentals are robust.
http://www.commodityonline.com/news/High-time-Uraniphobia-is-replaced-by-Uranimania-10635-3-23.html
Mesa Uranium's Wilson buys 1.81 million shares
2008-07-29 11:09 ET - News Release
Mr. Foster Wilson reports
ACQUISITION OF SHARES OF MESA URANIUM CORP.
Further to disclosure requirements of applicable securities laws, Mesa Uranium Corp. president and chief executive officer Foster Wilson acquired ownership of 1,818,181 common shares of the company at a price of 11 cents per share in accordance with a non-brokered private placement of common shares of the company. The 1,818,181 shares represent a total of 6.3 per cent of the company's issued and outstanding common shares as of July 24, 2008. In addition, Mr. Wilson acquired 909,090 warrants of the company exercisable to acquire common shares at a price of 15 cents per share that, when added to the shares, would represent a total of 9.2 per cent of the company's issued and outstanding common shares as of July 24, 2008.
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:MZU-1516152&symbol=MZU&news_region=C
MESA URANIUM CORP. (Tier2)
(CDNX: MZU.V)
Last Trade: 0.1150
Trade Time: May 23
near 52 week low. i think uranium is a great commodity for all.
Detailed Quote for Mesa Uranium Corp. (MZU:CA)
$ 0.155 -0.015 (-8.82%) Volume: 5.0 k 2:26 PM EDT Apr 4, 2008
longime holdehere just waiting for the big hurray parade to walk down the ATL streets.
looking good for 2008
Uranium on the Rise -
posted on: February 17, 2008 |
about stocks: CCJ / DNN / STHJF.PK / SXRZF.PK / UREGF.PK / URZ / MSAUF.PK
The past nine months have been very rough for investors in uranium equities, and our long-term chart for the Canadian Uranium Average fully supports this statement, but it appears as though the industry has bottomed and is now on its way up.
Our index fell all the way down to 141.87 on February 8, 2008 from a high of 325.915 on August 9, 2007 and the losses were across the board with only a few winners in that time-frame.
As you can see by the chart below, it appears that in the past week we tested lows set in late January, pretty much held those levels with minimum further movement to the downside. Now uranium equities are moving upwards to test the recent high set on January 24 of this year. If we can get through that level we can move much further as momentum is currently on our side with Cameco (CCJ) recently being upgraded and all things considered a commodity are moving strongly upwards.
We continue to like the new producers, such as Uranium One (SXRZF.PK), Denison Mines (DNN) and Paladin (PALAF.PK) as well as those who will be bringing projects online in the near future including, but not limited to, UR-Energy (UREGF.PK), Uranerz Energy (URZ) and Strathmore Minerals (STHJF.PK). The newest producers are able to get the highest prices in the industry for their uranium output and they have some of the most favorable terms in the industry in their supply contracts. These newest producers are able to effectively sell their output at almost triple the price, on average, that their larger brethren are able to get due to the latter's legacy contracts.
So although the spot price has declined by nearly 50%, the companies making the most from their output are the new producers. One important note is the fact that Cameco, Energy Resources of Australia and the like will be able to increase profits each year just by signing new contracts which expire (however they need to keep production at current levels to reap the benefits from their rising contract prices which neither CCJ or ERA have been able to do for various reasons).
The companies bringing projects online in the next two years excite us due to the fact that they get to create these favorable supply contracts with the utilities while prices are good and beat everyone to the market before the supply/demand ration begins to deteriorate (which should occur around 2012-2015 when many projects are expected to come online). We suspect that many of the end users are waiting until this period to make their large purchases and are just trying to tread water at this time in order to make it until prices are lower, however if the current building spree of nuclear power plants continues then the shortage of uranium could last many years longer.
For those who missed it, The Wall Street Journal ran an article on the front page discussing China and their need to build new coal plants to meet their power demands recently. For those who miss the irony here, let us explain the significance for you.
First they have a pollution problem which is out of control and coal certainly is not going to alleviate the problem.
Second, they are merely building power capacity to meet today's (not literally, but their present needs-meaning what they see is needed for the coming 18 months or so) needs and not taking into account the fact that they are going to need exponentially more power the more they modernize.
The higher their quality of life rises, the more power each individual uses and one must not forget that China is modernizing the whole country so not only is the quality of life going up for the individual, but more and more people's lives are improving as the country builds new housing for old neighborhoods and cities. In short their current modernized population is still experiencing growth in their quality of life while at the same time their building spree and increased employment is increasing the pool of their modernized population!
The only way to meet their future needs for power (that is without having to have a coal power plant in each neighborhood!) will be to increase their already ambitious building plans for nuclear power plants. It is important to realize that each of these plants will require a fixed amount of uranium each year, and even more important is the fact that in their first year they will require even more uranium due to the fact that it requires more to fire up the reactor for the first time, plus the need to build an initial stockpile. We can picture this as being a multi-generational movement as it takes years to build nuclear power plants in the Western world and there really is no end in sight for power consumption with today's Digital Age running full steam.
The current environment seems to favor those will a will and a want to hold these securities for a few years out as there seems to be good news in the pipeline. After all, why in the world would China and Japan be so interested in signing all of these uranium exploration deals if they were not seriously interested in creating large nuclear industries in Asia? We should know by Monday whether we have gotten above our resistance level in the index so as to move higher across the board. Until then, good luck and happy investing.
Matthew Smith
--
MSAUF.PK MESA URANIUM CORP Pink Sheets
http://investorshub.advfn.com/boards/board.asp?board_id=9679
the price for uranium has dropped to a double btm from quick chart.
RE:
Detailed Quote for Mesa Uranium Corp. (V.MZU)
$ 0.17 -0.005 (-2.86%) Volume: 55.0 k 3:16 PM EST Feb 8, 2008
Radioactive heatstroke -
Speculators and hooligan investors have taken a brutal beating on uranium stocks, but the hell may be cooling off.
Author: Barry Sergeant
Posted: Thursday , 07 Feb 2008
JOHANNESBURG -
The average listed uranium stock has lost nearly two-thirds of its value in the past 12 months, routing unruly hordes of bloodied speculators and hooligan investors. Where boring commodities such as iron ore continue to be the superheroes of the China-driven commodity supercycle, uranium has proven to be a merciless skull cracker.
Running on the likely reality that dire global energy requirements would generate an entire new generation of nuclear power stations, the uranium oxide price moved up from around $7/pound eight years ago to a peak of $136/pound in late June, 2007. During January this year, spot uranium prices fell by $15/pound; this week, quotes were around $75/pound (down $3/pound on the previous week), according to Ux Consulting, a specialist uranium consultancy; peer group Trade Tech this week also quoted $75/pound (down $7/pound). While the long term expectation for both Ux and TradeTech remains at $95/pound, ongoing downward price pressure continues to dominate market sentiment.
There has been a smidgin of good news for bloodied investors in uranium stocks, courtesy Cameco (CCO CN, C$32.25 a share), the world's biggest producer of the stuff. During a results conference call this week, the company spoke with confidence about the level of valuations in the global uranium stock sector. This has led some analysts to ask whether Cameco might be looking around for acquisitions.
There may be a number of useful lessons from the relatively short, post-2000 history of uranium stocks. One of the handy case studies is supplied by Xemplar Energy (XE CN, C$3.17), which as recently as October last year traded below $2 a share. The stock price cleared the $8 per share level less than two months ago; since then, it's retrenched by nearly two-thirds.
At the time of its peak stock price, Xemplar, an explorer, was still waiting for assay results from drill cores submitted in December 2007. The samples, from 13 holes at Xemplar's Warmblad prospect in Namibia , were dispatched to Set Point Labs in Johannesburg . On 18 December 2007, Xemplar announced that it "believes it has effectively discovered a new uranium province in the Warmbad area, with the identification and delineation of over 14 large mineralized alaskitic bodies that outcrop in an area of approximately 40 kilometers by 28 kilometers".
While speculators noted that Xemplar had only been around for a year, it was equally noted that it had secured chunks of ground from Namibia 's northern border with Angola to the southern border with South Africa . A note after a site visit from Canaccord, an investment dealer, discussed six distinct mineralised radiometric alaskite bodies, about 12km apart, within an area covering 40km by 12km.
Inevitable market rumours of a "takeover approach" had it that the world's most conservatively managed mining company, (RTP LN, £52.35), and the world's No 2 uranium producer after Cameco, and owner of Namibia's Rössing uranium mine, may have been lurking in the wings. Xemplar was on the boil and in the first week of 2008, a recent addition to the UK broking scene, Fairfax rated it as a "world class uranium opportunity". Fairfax anticipated that "a major such as Rio Tinto, Areva or a Chinese" [entity] could be lining up to swallow Xemplar.
Ahead of even the first drill results from Warmbad, Fairfax gleefully put a potential valuation on Warmbad of US$2-7bn, based on a potential of 20bn tons of uranium oxide at 100 ppm (parts per million). These dreamy numbers dwarf Rössing. On these numbers indeed, Warmblad ranks as the biggest of its kind in the world by a factor of five to ten. When Xemplar finally published its first drill results Thursday, 8 February, the numbers looked fine, but the stock price drifted downwards.
At current stock prices, Xemplar carries a market capitalisation of just US$356m, a far cry from the mind-numbing figures spun out through the market over the past couple of months. Listed uranium stocks offer further brilliant case studies, such as Uranium One (UUU CN, C$6.35), which previously used loads of its heavily overvalued paper to mount a series of acquisitions that don't look very sexy anymore. For now, the bottom line is that uranium stocks may have reverted to reflecting some degree of fair value, but don't expect professional investors to come in until the drench of poor sentiment has lifted.
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=9679
hi Bob , good morning. uranium prices have come down some.
any reason?
RE:
Mesa Uranium Corp. (V.MZU) $ 0.17
0.00 (0.00%) Volume: 15.0 k
3:55 PM EST Feb 6, 2008
Mesa Uranium Corp. (V.MZU) $ 0.17
0.00 (0.00%) Volume: 15.0 k
3:55 PM EST Feb 6, 2008
hi Bob, nice lead to this uranium find.
Mesa Uranium Corp.
Mesa Uranium Corp.
featured on CEO Clips
http://resourceworldtv.com/view_video.php?viewkey=301b442654dd8c23b3fc
Mesa Uranium Corp. TSX Venture – MZU-
$0.23, 27.2 million shares - This stock has fallen out of
favor with the market.
That’s bad news for those of you who may have purchased it
at higher levels.
But it’s good news for anyone who wishes to allocate
some capital to a very strong speculative uranium stock.
In truth, the fundamentals for this stock are better now
than when these shares were selling at their highs.
The company put out a very important press release
on September 10, 2007, when it announced that it
had intersected 17 ft. of uranium grading 0.11%.
That figures out to 2.2 pounds of uranium per ton, which
at $90 per pound is worth nearly $200 per ton.
If there is enough of this material, Mesa could have a mine.
Of course, it’s much too early to draw any such conclusion,
and one problem the company has is that on the east side
of the Lisbon Valley anticline, mineralization exists
somewhere between 2,600 ft. and 2,800 ft.
As such, it costs around $90,000 per hole to try to
intersect these zones although some directional drilling
could lower exploration costs going forward.
Why is this so significant?
Because it establishes the fact that uranium mineralization
continues on the east side of the Lisbon Valley anticline.
On the west side of this geological structure, some
80 million pounds of uranium was mined.
This discovery increases the odds of finding a commercial
grade uranium deposit on the company’s
Lisbon Valley prospects.
While exploration on the east side of the Lisbon Valley
anticline is very expensive, the company has some
other uranium targets that are not nearly as costly
to explore.
For example, the company expects to drill 12 shallow
holes into its Moonshine Springs
Property in Arizona.
Exxon was active on this property during the last bull
market and their efforts revealed a very promising 6-ft.
intersection grading 0.40% uranium.
Also of considerable promise is the company’s Breccia
Pipe Property in Arizona, where
Energy Metals is committed to spending $1.5 million over
three years.
Energy Metals is the best there is for exploring breccia
pipes for uranium, and as I understand it, there are
some 13 breccia pipes for them to explore on
Mesa Uranium’s property.
We understand that Energy Metals may also be getting
involved in several of Mesa’s 15 uranium properties at
Lisbon Valley as well.
Of interest is mill feed for a mill some 35 miles from
Lisbon Valley that Energy Metals is in the process
of permitting and hopefully soon will be constructing.
It should also be noted that Denison also has a mill
some 50 miles from Lisbon Valley that could also be
used to process ore from Lisbon Valley from any of
the numerous uranium exploration properties held by Mesa.
The White Mesa uranium & vanadium mill -
http://investorshub.advfn.com/boards/board.asp?board_id=7773
With a market cap of just $ 6.25 million, we think
Mesa Uranium provides subscribers with an
excellent speculative uranium play in what we think
is likely to be a uranium bull market for quite
a few years to come.
http://www.mesauranium.com/i/pdf/jtaylor-Nov07.pdf
Formation of Eagle Geophysical Logging LLC with Mesa Uranium Corp.
New Horizon Uranium Corporation Announces
Tuesday November 27, 11:36 am ET
GOLDEN, COLO., November 27 /CNW/ -
New Horizon Uranium Corporation (TSX VENTURE: NHU - News) is pleased to announce the formation of
Eagle Geophysical Logging LCC,
a drill hole logging company where its wholly owned subsidiary, Horizon Nevada Uranium, Inc. is a 50% owner with
BZU Holdings Inc., a wholly owned subsidiary of -
Mesa Uranium Corp. of Reno, Nevada.
The total outlay for each company in forming the venture is $75,000.00 for the purchase of the first logging truck and associated geophysical and support equipment.
Eagle Geophysical will be used by both companies to provide gamma and resistivity logs and drill hole surveys as part of each company's uranium drilling activities in Utah, Colorado, Arizona and Wyoming.
Additionally, the equipment will be rented to other companies when not being used by the Eagle Geophysical owners.
Both companies will continue to use outside contractors to augment their logging requirements as New Horizon and
Mesa Uranium plan to increase drilling on their uranium properties in 2008.
About Mesa Uranium
Mesa Uranium Corp.
is a uranium exploration company focused on proven
uranium districts in the western United States.
Mesa's lead project is 100%-owned, and is called
the Lisbon Valley project.
The project is 30 square miles, and is located in
the Lisbon Valley Mining District in Utah.
The District produced over 85 million pounds of U3O8,
at some of the highest uranium grades in
the United States, averaging 0.4% U3O8.
The Lisbon Valley Mining District
is located in the Colorado Plateau region,
30 miles south of Moab, in San Juan County, Utah.
For further information about
Mesa Uranium -
please visit their website at
http://www.mesauranium.com
Bill Wilson, President and COO of New Horizon, said:
"The formation of Eagle Geophysical gives our company
much more operational reflexivity and considerable cost
savings by having our own logging capability.
The commitment we have made also indicates our intent
to aggressively drill for pounds on all of our properties.
We have been working informally with -
Mesa Uranium -
for the last six months on the sharing of drill rig time
and geological services, and have found working with them
to be very helpful to both our companies."
Qualified Person
This press release has been reviewed by William R. Wilson (Aus.I.M.M.), the Company's President and Chief Operating Officer and a "qualified person" (as such term is defined in National Instrument 43-101).
http://biz.yahoo.com/cnw/071127/new_horizon_uranium.html?.v=1
Mesa Uranium Corp. TSX Venture – MZU-
$0.23, 27.2 million shares - This stock has fallen out of
favor with the market.
That’s bad news for those of you who may have purchased it
at higher levels.
But it’s good news for anyone who wishes to allocate
some capital to a very strong speculative uranium stock.
In truth, the fundamentals for this stock are better now
than when these shares were selling at their highs.
The company put out a very important press release
on September 10, 2007, when it announced that it
had intersected 17 ft. of uranium grading 0.11%.
That figures out to 2.2 pounds of uranium per ton, which
at $90 per pound is worth nearly $200 per ton.
If there is enough of this material, Mesa could have a mine.
Of course, it’s much too early to draw any such conclusion,
and one problem the company has is that on the east side
of the Lisbon Valley anticline, mineralization exists
somewhere between 2,600 ft. and 2,800 ft.
As such, it costs around $90,000 per hole to try to
intersect these zones although some directional drilling
could lower exploration costs going forward.
Why is this so significant?
Because it establishes the fact that uranium mineralization
continues on the east side of the Lisbon Valley anticline.
On the west side of this geological structure, some
80 million pounds of uranium was mined.
This discovery increases the odds of finding a commercial
grade uranium deposit on the company’s
Lisbon Valley prospects.
While exploration on the east side of the Lisbon Valley
anticline is very expensive, the company has some
other uranium targets that are not nearly as costly
to explore.
For example, the company expects to drill 12 shallow
holes into its Moonshine Springs
Property in Arizona.
Exxon was active on this property during the last bull
market and their efforts revealed a very promising 6-ft.
intersection grading 0.40% uranium.
Also of considerable promise is the company’s Breccia
Pipe Property in Arizona, where
Energy Metals is committed to spending $1.5 million over
three years.
Energy Metals is the best there is for exploring breccia
pipes for uranium, and as I understand it, there are
some 13 breccia pipes for them to explore on
Mesa Uranium’s property.
We understand that Energy Metals may also be getting
involved in several of Mesa’s 15 uranium properties at
Lisbon Valley as well.
Of interest is mill feed for a mill some 35 miles from
Lisbon Valley that Energy Metals is in the process
of permitting and hopefully soon will be constructing.
It should also be noted that Denison also has a mill
some 50 miles from Lisbon Valley that could also be
used to process ore from Lisbon Valley from any of
the numerous uranium exploration properties held by Mesa.
The White Mesa uranium & vanadium mill -
http://investorshub.advfn.com/boards/board.asp?board_id=7773
With a market cap of just $ 6.25 million, we think
Mesa Uranium provides subscribers with an
excellent speculative uranium play in what we think
is likely to be a uranium bull market for quite
a few years to come.
http://www.mesauranium.com/i/pdf/jtaylor-Nov07.pdf
Mesa Uranium Begins Step-Out Drilling on Uranium Discovery - CCN Matthews -
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 4, 2007) -
Mesa Uranium Corp. ("Mesa") -
(TSX VENTURE:MZU) is pleased to announce that step-out drilling
around discovery drill hole L-15 has commenced.
This drilling is within our 100%-owned Lisbon Valley uranium -
property in Southeastern Utah.
The principal goal of this step-out drilling is to delineate
additional mineralization and to confirm lateral continuity
in the area surrounding the recently drilled L-15
discovery drill hole.
The secondary goal is to strengthen our geologic understanding
of the zone to aid in directing further
step-out drilling efforts.
As previously reported (news release dated 9/10/2007) drill
hole L-15 intercepted three strongly mineralized
zones consisting of, top to bottom:
- 1.5 feet of 0.13% U3O8 (2.6 pounds/ton);
- 1.0 foot of 0.16% U3O8 (3.2 pounds/ton); and
- 3.5 feet of 0.28% U3O8 (5.6 pounds/ton);
All three higher-grade intercepts resulted in an overall
mineralized interval of 17.5 feet grading 0.11%
U3O8 (2.2 pounds/ton).
The mineralization in L-15 is similar to the material mined
at the Lisbon Mine, the District's largest mine
(22 million pounds of U3O8).
L-15 was drilled 8,000 feet east of the Lisbon Mine
in an un-drilled area along Mesa's projected southeast
to northwest trend.
Mesa is pursuing the concept that 1/2 of the Lisbon Valley
District has remained buried and undiscovered on
the down-faulted, eastern flank of the Lisbon Valley
anticline.
Wildcat drilling in 1968 validated the concept of ore
deposits on the downthrown side with the discovery of
the District's largest mine, the Lisbon Mine,
which produced 22 million pounds of U3O8 at
a grade of 0.4% U3O8. Ore deposits in
the District were flat-lying, elongate,
tabular deposits averaging 200-500 feet in width
and 1,000 to 3,000 feet in length.
These deposits pre-date all faulting and are not
structurally controlled.
About Mesa Uranium
Mesa Uranium Corp.
is a uranium exploration company focused on proven
uranium districts in the western United States.
Mesa's lead project is the 100%-owned, 30 square mile
Lisbon Valley project in the Lisbon Valley Mining
District in Utah.
The District produced over 85 million pounds of U3O8,
at some of the highest uranium grades in
the United States, averaging 0.4% U3O8.
The Lisbon Valley Mining District is located in
the Colorado Plateau region, 30 miles south of Moab,
in San Juan County, Utah.
For further information about Mesa Uranium
please visit our website at
http://www.mesauranium.com
Qualified Person
This Press Release has been prepared and revised under
the supervision of Gregory French, P. Geo., Technical
Advisor for Mesa, a Qualified Person as defined by
National Instrument 43-101 guidelines.
ON BEHALF OF THE BOARD
MESA URANIUM CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mesa Uranium Corp.
Wayne Marsden
Toll Free: 1-866-337-1235
Website:
http://www.mesauranium.com
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
Source: CCN Matthews (October 4, 2007 - 1:01 PM EDT)
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Mesa Uranium Corp.
Mesa Uranium Corp.
http://www.mesauranium.com/s/Home.asp
Mesa Uranium Corp.
Mesa Fact Sheet
click to open Fact Sheet
(pdf 0.92 Mb)
Corporate Presentation
click to open Presentation
(pdf 2.10 Mb)
Mesa Uranium Corp. (TSX-V: MSA) (US: MSAJF) is exploring a portfolio of premier Lithium, Potash and Uranium properties. All projects are within proven mining districts with excellent access and infrastructure.
LITHIUM: Green Energy Project (more ...)
The Green Energy project hosts a potentially world-class brine containing 40% minerals with values as high as: Lithium: 1,700 parts per million, Potash: 7.9%, Magnesium Chloride: 18.3% and appreciable amounts of Bromine and Boron.
URANIUM: Lisbon Valley Project (more...)
Lisbon Valley, Utah is a world-class Mining District which produced over 80 million pounds of U3O8. Mesa has discovered a 17 foot thick horizon grading 0.11% U3O8 on trend and adjacent to the areas largest mine. Mesa controls a dominant land position in the District.
URANIUM: Moonshine Springs Project (more...)
The project is adjacent to a 4 million pound U3O8 deposit owned by Denison Mines. Mesa has drilled significant uranium mineralization on the project, 7.5 feet grading 0.21% U3O8 and 4.0 feet grading 0.47% U3O8. Drilling is planned to follow-up on this mineralization as well as targets highlighted by geochemical soil sampling.
POTASH: Holbrook Basin Project (more...)
The project has been joint-ventured with Passport Potash (PPI) and is within the Holbrook Basin, a large potash deposit in eastern Arizona. PPI is pursuing an aggressive exploration drilling program and is the operator of the joint venture.
POTASH: White Cloud, Whipsaw and Salt Wash Projects (more...)
The White Cloud, Whipsaw and Salt Wash projects comprise 116 square miles of lands claimed under Exploration Permit Application (EPA). The White Cloud EPA is adjacent to the Intrepid Potash Cane Creek mine which produces 80,000 tons of potash annually. The ore horizons Intrepid mines extend onto the White Cloud EPA. All three projects are within the U.S. Bureau of Mines 'Known Potash Deposit Area'.
Investor Relations
775-824-4533
Trading Symbols
Canada TSX-V: MSA
USA Pinksheet: MSAJF
http://www.mesauranium.com/s/Home.asp
Dec 07, 2010: News Releases: Mesa Uranium Closes Private Placement (more...)
Dec 06, 2010: Media Coverage: The Energy Report Initial Report (more...)
Nov 16, 2010: Media Coverage: Fundamental Research Report - Mesa Uranium (more...)
Nov 08, 2010: News Releases: Mesa Uranium Announces Private Placement (more...)
Sep 08, 2010: News Releases: Mesa Engages Continental Metallurgical Services (more...)
Sep 02, 2010: News Releases: Mesa Uranium Signs Definitive Agreement on the Hol... (more...)
©2007 Mesa Uranium Corp. All Rights Reserved. | Disclaimer
Adnet Communications Inc.
featured on CEO Clips
http://resourceworldtv.com/view_video.php?viewkey=301b442654dd8c23b3fc
Mesa Uranium Corp.
(TSX-V: MZU) is an exploration company exploring for uranium
in the Colorado Plateau region of the United States.
The principal project is located in the Lisbon Valley Mining
District, the second largest uranium producing district
in the United States.
Mesa's land position is in excess of 30,000 acres
(46 square miles) in prolific uranium districts in Utah
and Arizona.
Lisbon Valley Project
Mesa Uranium's 30 square mile Lisbon Valley Project
is located in the Lisbon Valley Mining District.
Over 85 million pounds of uranium oxide (U3O8) were produced
in the district at an average grade of 0.4% U3O8
(8 pounds per ton).
Mesa Uranium is currently drilling several target areas
throughout the district.
http://www.mesauranium.com/i/pdf/MesaPresentation.pdf
http://www.mesa-uranium.com
Historc uranium & vanadium mines -
A Little Moab History -
In early 1952 an unemployed Texas geologist named
Charley Steen discovered one of the the mines in the
World's largest concentrations of uranium ore
near Moab, Utah.
Steen became an instant millionaire and set off a modern
day mining boom -
His Mi Vida Mine is famous for sitting in the largest
high-grade pitchblende (uranium) ore body ever discovered
at that time in the United States,
last valued at more than 160 Million (1953 dollars -
about $1.6 Billion in 2007 fiatz-dollars)....
Charlie Steen's Mi Vida Uranium Mine;
Mi Vida - this old uranium mine Lady started
the whole uranium boom in the Moab area -
This discovery unleashed a massive "uranium boom" on
the Colorado Plateau, and turned tiny Moab, UT into
"the uranium capital of the world."
The mine closed in the 1980s.
High grade ore from the Mi Mida Mine,
Lisbon Valley, Utah
Pitchblende from the Mi Vida Mine -
Lisbon Valley Utah
Carnotite uranium ore from Lisbon Valley, Utah
Electric power infrastructure, Lisbon Valley, Utah -
The old uranium & vanadium mines were discovered and
uranium mining had just started when US Gov. said,
the Gov. the inventorie -
is now filled -
and we don't need any more U3O8 for the bombs for some years,
so you may close down the mines now.
Moonshine Springs Project -
The 5 square mile Moonshine Springs Project
is located in Mohave County, Arizona
and was previously explored by Exxon Minerals.
Exxon drilled several holes on the project,
the best hole intercepted six feet grading 0.4% U3O8
(8 pounds per tons).
Dennison Mines owns the neighboring Moonshine Springs uranium
deposit (2.5 million pounds U3O8) located
approximately 1 mile from the project.
Permitting is ongoing with drilling planned for 2007.
Breccia Pipe Project -
The Project is located in Mohave and Coconino counties,
Arizona and consists of several targets in
an 11 square mile area.
The Arizona Strip, as the area is known, was the highest grade
district in the United States, producing over 20 million pounds
of U3O8 at an average grade of 0.65% (13 pounds per ton).
Please feel free to contact us,
Wayne Marsden - Investor Relations
Toll Free 1-866-337-1235
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Business Description:
Address:
675 West Hastings Street, Suite 305,
Vancouver, BC, CA V6B 1N2
Telephone:
(604) 688-7508
Website:
http://www.mesa-uranium.com
Facsimile:
(604) 681-0122
Email:
gtbonifacio@mesauranium.com
The super red banksters cults -
Rothschilds World Part 1 "Glen, Rush, Michael...Here's to you boy's"
http://www.youtube.com/watch?v=yhKHwrUA5SM&feature=related
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