ALX and Orano are on the verge of initiating a multi-year exploration program with the goal of locating a new, high-grade uranium deposit in the Athabasca Basin.
ALX Uranium Corp. Mining News
Close Lake is located between the Cigar Lake and McArthur River uranium mines, the two richest of their kind in the world.
ALX Uranium and Denison Mines just launched a winter diamond drilling program at the Hook-Carter uranium project.
Aurelius previously made cash payments of $25,000 and issued 1.5 million shares to ALX.