Nice to see the SYH.v SYHBF CEO provide a corporate update considering their recent movement up 32% over the past month and recent positive news surrounding uranium - i.e. uranium prices hitting a 12 year high thanks to increased demand globally for nuclear energy.
https://www.ft.com/content/de05a4a2-2458-4450-99c2-9dd0e079e9cd
Update highlights
- Assay results from 10,000m drill program at Russell Lake will be coming out over the next few weeks
- Are already planning a follow up 4,000-5,000m drill program at Russell Lake
- Running a NI 43-101 report at the Moore Lake Project
- Expecting of the 8 partner companies half of them to be either drilling or carrying out exploration programs over the coming months
CEO highlights that despite global demand for uranium being well over 190M pounds and continuing to grow current supply is around 140M pounds = the world needs more uranium and with SYH’s portfolio of projects in the Athabasca Basin they’re in a great spot to capitalize.
https://www.youtube.com/watch?v=-OK800WQ2nE