Paladin Energy aims to crack uranium big league with Canadian takeover
Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.
Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau, Quebec. The gold-rich area is about 30 metres from surface and open at depth.
Highlights of the new zone include:
Troilus has a 40,000-metre drill program planned for 2019. Targets at the Z87 South, J, Z87 and J4 North zones will be of prime interest.
(This article first appeared in the Canadian Mining Journal)