Latest news with #ISR
Malaysian Reserve
15 hours ago
- Business
- Malaysian Reserve
enCore Energy Announces Filing of Early Warning Report
NASDAQ:EUTSXV: DALLAS, June 20, 2025 /CNW/ – enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the 'Company' or 'enCore'), America's Clean Energy Company™, announces that it has disposed of 170,000,000 common shares in the capital of Anfield Energy Inc. ('Anfield') (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) in a private agreement at a price of $0.115 per share for aggregate proceeds of $19,550,000 (Canadian dollars). Immediately following the disposition, enCore holds or controls no common shares of Anfield. The disposition represents a 14.73% decrease in enCore's ownership or control over the outstanding common shares of Anfield on an undiluted basis. enCore does not currently hold or control any securities of Anfield. Since enCore's last early warning report dated January 15, 2024, enCore's holdings have decreased by an approximate 16.02% of the outstanding common shares of Anfield on an undiluted basis. enCore disposed of the shares of Anfield in a private transaction. enCore may, depending on market and other conditions, increase beneficial ownership of the Company's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities. The disclosure respecting enCore's shareholdings contained in this news release is made pursuant to National Instrument 62-103 and a report respecting the above disposition will be filed with the applicable securities commissions and will be available for viewing at A copy of the report may also be obtained by contacting Robert Willette, Acting Chief Executive Officer, or at info@ About enCore Energy Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple central processing plants in operation. enCore operates the 100% owned and operated Rosita CPP in South Texas and the 70/30 joint venture Alta Mesa CPP with Boss Energy Ltd., with enCore operating as the project manager. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy. Following upon enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
2 days ago
- Business
- Yahoo
Noble Plains Uranium Secures Duck Creek Project in Heart of Powder River Basin Uranium District
Over 4,000 Historic Drill Holes Outline 3-Mile Uranium Trend in One of America's Most Prolific ISR Districts Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: IXIXF) (FSE: INE0) ("Noble Plains" or the "Company") is pleased to announce that it has entered into a property option agreement to acquire an 80% interest in the Duck Creek Project ("Duck Creek Property", "Duck Creek", the "Project", or the "Property"), a strategically located brownfield uranium asset in Wyoming's highly productive Powder River Basin. The Project spans 4,133 acres (6.5 square miles) of mineral rights and is directly surrounded by a cluster of major in-situ recovery ("ISR") uranium resources and operations—including those held by Uranium Energy Corp., Cameco Corporation, and GTI Energy Limited (see Figure 1). These neighboring operations, together with the Project's dense historical drill coverage and shallow roll-front mineralization, strongly support the prospectivity and strategic value of Duck Creek. "Duck Creek sits in the heart of a proven uranium district and is backed by an enormous amount of historical drilling, giving us high confidence in the geological potential," said Drew Zimmerman, President of Noble Plains. "This is exactly the kind of brownfield project we target—shallow mineralization, extensive data, and near existing infrastructure. It aligns with our goal of building out pounds in the ground quickly and efficiently to provide shareholders real leverage to the uranium market." The Property includes 78 lode mining claims (1,573 acres) and four State of Wyoming mineral leases (2,560 acres). Importantly, the Project hosts a 3-mile-long corridor of high-density drilling completed by Kerr-McGee Nuclear Corporation in the 1970s. A total of 4,068 historical drill holes outline a consistent, shallow roll-front uranium system within the Eocene-aged Wasatch Formation, with mineralization occurring from less than 50 feet to 260 feet below surface. Surface features also show evidence of historic open-pit production from these same mineralized zones (see Figure 2). "The Powder River Basin is reasserting its importance as a centre of U.S. uranium production," added Paul Cowley, CEO of Noble Plains. "Our review of the historic dataset for Duck Creek confirmed not only the continuity of near-surface mineralization, but also significant upside in the untested deeper Fort Union Formation which hosts resources and production from many of our neighbours. It's a rare combination of near-term development potential and meaningful exploration upside." Figure 1: Duck Creek Project Surrounded by resource and production projects To view an enhanced version of this graphic, please visit: Note: source of resource numbers: Allemand-Ross, Barge, and Ludeman projects, from 2022-09 technical report Exhibit 96.1. Smith Ranch Highland, from Cameco website. Lo Herma, from company website. Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the Duck Creek Project. Figure 2: 3-mile-long trend of high-density historic drilling and historic production areas To view an enhanced version of this graphic, please visit: A National Instrument 43-101 ("NI 43-101") technical report is nearing completion and will present an exploration target of pounds of uranium based on the historical drilling, prepared by an independent Qualified Person. Noble Plains has spent the last two months conducting a detailed review of the drillhole database and modeling key mineralized zones, and the Company is confident in both the data quality and the resource potential. Confirmation drilling is planned for later this year to advance the Project toward an initial NI 43-101 compliant resource estimate. Strategic Context Wyoming has produced over 238 million pounds of uranium since the 1950s, with the Powder River Basin(the "PRB") representing a key district in that legacy of production. With ISR now the dominant extraction method in the PRB and Wyoming overall, Duck Creek represents a low-impact, low-cost path to resource development. ISR mining allows for faster permitting, minimal surface disturbance, and lower capital and operating costs-aligned with Noble Plains' strategy of environmentally responsible uranium development. The addition of Duck Creek significantly strengthens Noble Plains' Wyoming portfolio, following the Company's recent acquisitions in the Shirley Basin, including the Shirley Central project announced earlier this month (see news release dated June 3, 2025). Terms of Transaction The Company has entered into a property option agreement (the "Agreement") effective June 13, 2025, with a private vendor (the "Optionor") pursuant to which the Company can acquire an 80% interest in the Duck Creek Property over three years. Pursuant to the Agreement and within seven days of TSX Venture Exchange approval, the Company will (a) pay US$250,000 to the Optionor; (b) reimburse the Optionor staking costs and Bureau of Land Management fees; and (c) issue 1,250,000 shares of Noble Plains ("Shares") to the Optionor. On or before the first anniversary of the Agreement, the Company will (a) pay a further US$300,000 to the Optionor, and (b) issue 1,500,000 Shares to the Optionor (or pay US$200,000 to the Optionor at the Optionor's option). On or before the second anniversary of the Agreement, the Company will (a) pay a further US$450,000 to the Optionor, and (b) issue 1,500,000 Shares to the Optionor (or pay US$300,000 to the Optionor at the Optionor's option). On or before the third anniversary of the Agreement, the Company will (a) pay US$500,000 to the Optionor, and (b) issue 1,250,000 Shares to the Optionor (or pay US$400,000 to the Optionor at the Optionee's option), at which time a joint venture will be created on a 80:20 ratio, subject to a 1% net smelter royalty retained by the Optionor. The Duck Creek Property option transaction requires acceptance by the TSX Venture Exchange prior to closing. No finder's fees are being paid in connection with the Duck Creek Property transaction and the Shares to be issued pursuant to the Agreement will be subject to the statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities laws. The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. About Noble Plains Uranium Corp. Noble Plains Uranium (TSXV: NOBL) is focused on acquiring and advancing U.S.-based uranium projects amenable to In-Situ Recovery (ISR)-the most capital-efficient and environmentally responsible method of uranium extraction. The Company targets historically explored, geologically robust projects in uranium-friendly jurisdictions with the goal of rapidly delineating NI 43-101 resources and building out a pipeline of ISR-development opportunities. "Paul Cowley", CEO For further information, please contact Paul CowleyTelephone: (604) 340-7711 Website: Bradley Parkes, VP Exploration and Director of Noble Plains Uranium Corp., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release. Cautionary Statements Regarding Forward-Looking Information This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Noble Plains, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the acquisition of an 80% interest in the Duck Creek Property, the merits of the Project, including potential mineralization therein, completion of an NI 43-101 compliant technical report on the Property, and the planned 2025 exploration program to advance the Project towards an NI 43-101 compliant resource estimate. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Noble Plains, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain TSX Venture Exchange approval, the ability of the Company to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Readers are urged to refer to the Company's filings on SEDAR+ at for a more complete discussion of such risk factors and their potential effects. Noble Plains does not assume any obligation to update forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
3 days ago
- Business
- Business Wire
AV and UAS Denmark Establish Strategic Partnership to Advance Allied UAS Capabilities in Europe
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. ('AV') (NASDAQ: AVAV) today announced it has signed a Memorandum of Understanding (MOU) with Hans Christian Andersen Aiport in Odense, Denmark–home to the UAS Denmark Test Center–to explore joint utilization of the center's expansive airspace and advanced test facilities. The agreement aims to leverage UAS Denmark's strategic range and infrastructure to support AV's uncrewed aircraft system (UAS) demonstration operations, mission training, and customer integration activities across the region. "Our partnership with UAS Denmark positions us to deliver enhanced capabilities, mission-critical training, and integrated UAS solutions to allied defense forces and government stakeholders across the region." Share The collaboration is expected to enable joint research and development (R&D) initiatives and accelerate the growth of the UAS Denmark Test Center as a regional epicenter for advanced UAS innovation, evaluation, and operational readiness. "This MOU represents a significant milestone in expanding AV's operational footprint in Europe," said Shane Hastings, AV's vice president and general manager of Medium UAS. "Our partnership with UAS Denmark positions us to deliver enhanced capabilities, mission-critical training, and integrated UAS solutions to allied defense forces and government stakeholders across the region." This agreement follows AV's February 2025 Framework Agreement with the Danish Ministry of Defence Acquisition and Logistics Organization (DALO), under which AV is delivering advanced UAS, operator and maintainer training, and lifecycle support to strengthen the Danish Armed Forces' intelligence, surveillance, and reconnaissance (ISR) capabilities. The MOU with UAS Denmark builds on this momentum and reinforces AV's commitment to delivering tactical advantage through scalable, reliable, and combat-proven UAS platforms. By formalizing this collaboration, AV continues to expand its international partnerships and operational support capabilities—ensuring allied forces have access to the tools and training required to maintain readiness in dynamic environments. ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: ABOUT UAS DENMARK TEST CENTER Located at Hans Christian Andersen Airport in Odense, the UAS Denmark Test Center is one of Europe's leading hubs for drone testing, development, and innovation. With access to a dedicated BVLOS airspace, state-of-the-art facilities, and a collaborative ecosystem of government, academia, and industry, the center supports the advancement of cutting-edge unmanned technologies. For more information, visit: SAFE HARBOR STATEMENT Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Yahoo
4 days ago
- Politics
- Yahoo
Only the US military can take out Iran's ‘most dangerous' nuclear site
President Donald Trump has refused to say whether the U.S. will use direct military force against Iran to stop it from getting a nuclear weapon, but one top security expert is sounding the alarm that taking out Iran's nuclear threat "is a job only the U.S. can do." Israel launched a series of strikes against Iran beginning overnight on Thursday, and according to the U.N.'s nuclear watchdog, the Natanz nuclear facility's underground structures, some 36 feet underground, did see "direct impact" from the strikes, though the extent of damage remains unclear. However, Israel did not strike the Fordow Fuel Enrichment Plant – which is believed to be capable of producing a nuclear warhead in as little as two to three days, according to the Institute for Science and International Security – likely because Israel does not possess the military capabilities it would take to strike the Fordow facility, which is reported to be up to 300 feet underground. Israel Hits The 'Heart' Of Iran's Nuclear Program In Natanz Facility Strike "Fordow is not the only remaining important nuclear facility, but it's the most dangerous," Mark Dubowitz, CEO of the Foundation for Defense of Democracies, told Fox News Digital. "Destroying it from the air is a job only the U.S. can do." The Fordow nuclear facility is believed to be Iran's most heavily protected nuclear site, built deep into mountain bedrock and divided into two enrichment halls capable of holding some 3,000 centrifuges. Read On The Fox News App The only way to penetrate this facility may be by using a 30,000-pound bomb, known as the "bunker buster," a GBU-57A/B Massive Ordnance Penetrator (MOP) specifically designed to penetrate deeply buried targets, though even this capability is estimated to have a reach of some 200 feet, according to publicly available information. Dubowitz explained that to "inflict real damage" more than just bunker-busting munitions are needed, including "stealth delivery platforms like the B-2 Spirit bomber to penetrate advanced air defenses and deliver the MOP" as well as precision Intelligence, Surveillance, and Reconnaissance (ISR) "to ensure you're not just damaging outer entrances or fake decoys." "Only the United States possesses the full spectrum," he told Fox News Digital. Israel, despite its unmatched regional capability and world-class Air Force, does not yet have the MOP or the platforms to deliver it. Israel-iran War Prompts Trump To Leave G7 Summit Early "It's F-35I Adirs and F-15I Ra'ams can inflict serious damage – but penetrating Fordow fully remains beyond current Israeli capability without U.S. cooperation or creative alternatives like internal sabotage or specialized ordnance," he added. Trump took to Truth Social on Tuesday to tout the U.S. military's capabilities, saying, "We now have complete and total control of the skies over Iran. Iran had good sky trackers and other defensive equipment, and plenty of it, but it doesn't compare to American made, conceived, and manufactured 'stuff.' "Nobody does it better than the good ol' USA," he added. The White House did not respond to Fox News Digital's questions about whether the president is considering a direct hit on Iranian soil, though he has repeatedly said Iran cannot have a nuclear weapon and on Monday issued an ominous warning and said, "everyone should immediately evacuate Tehran." Earlier on Monday, the president told reporters he "didn't want to talk about it" when asked what it would take for the U.S. to get "directly involved" in the Israel-Iran conflict. However, he left the G7 meeting in Canada one day early to address the ongoing conflict and told reporters aboard Air Force One that he is looking for a "real end" to the conflict. "I'm not looking at a ceasefire. We're looking at better than a ceasefire," he said, adding, "I'm not too much in the mood to negotiate." Trump is expected to be in the Situation Room today, but any upcoming attack by the U.S. or Israel on Iran remains unconfirmed. Israeli Ambassador to the United Nations Danny Danon told "Fox and Friends" on Tuesday that "as we speak, our planes, our air force is acting in Iran right now," adding, "we have very impressive results on the ground." "We will continue, and you will see more results. But you know when you look at the side of Israel and compare[d] to the side Iran, we are a tiny country…9 million people compared to 90 million Iranians," he added. "So, we have limited capabilities, but we punch high."Original article source: Only the US military can take out Iran's 'most dangerous' nuclear site
Hindustan Times
11-06-2025
- Politics
- Hindustan Times
CISC Dixit cites expansion in China's military space programme at defence surveillance seminar
New Delhi, As India contemplates its own surveillance capabilities, the rapidly evolving threat landscape, particularly the remarkable advances made by "our neighbours to the north" must be understood, Chief of Integrated Defence Staff Air Marshal Ashutosh Dixit said on Wednesday, as he also cited expansion in China's military space programme. In his address at a seminar here, Air Marshal Dixit also said Chinese satellites have recently demonstrated "sophisticated 'dog-fighting' manouvres" in low earth orbits. He was speaking on 'Surveillance and Electro-optics' at the event hosted by think-tank CS and Indian Military Reviews at Subroto Park. China's military space programme has expanded from "operating just 36 satellites in 2010 to over a thousand by 2024, with more than 360 dedicated to ISR missions". ISR refers to intelligence, surveillance and reconnaissance. "As we contemplate our own surveillance capabilities, we must understand the rapidly evolving threat landscape, particularly the remarkable advances made by our neighbours to the north," Air Marshal Dixit said. "They have evolved from a kill chain to a kill mesh, an integrated network that seamlessly interweaves ISR satellites with weapon systems," he added. However, he laid emphasis on the success of Operation Sindoor and said while these challenges be acknowledged, "we must also celebrate our remarkable achievements." At the "heart of our success" was the integrated air command and control system , a testament to Indian engineering's excellent and strategic vision," the officer said. It was also synchronised and integrated with the Indian Army's Akasheteer system, providing a joint and integrated approach to the air defence of the nation. What made IACCS particularly effective was its impact on decision-making and speed, he said, adding in modern warfare, information without the ability to act upon it rapidly, is of limited value. "IACCS compressed our sensor-to-shooter timelines dramatically, enabling responses that outpaced adversary's decision cycles," Air Marshal Dixit said. As we look to the future, we must recognise that tomorrow's battlefields will demand sensors in all domains. Surveillance and electro-optics will be one of the foundational layers of military operations, enabling dominance through foresight and planning, rather than firepower alone, the officer added. India's MALE and HALE platforms, including the MQ9, must therefore evolve with modular payloads, advanced system, AI-assisted analysis to provide commanders with unprecedented situational awareness, he said. At a symposium in 2023, Chief of Defence Staff Gen Anil Chauhan while highlighting the intense race towards militarisation of space, had made a strong pitch for developing dual-use platforms with a special focus on incorporating cutting-edge technology in the space domain. The CDS, in another session of the symposium had also said that India needs to sharpen its focus on developing space capabilities to counter the rapid advances in the sector made by "an adversary", an apparent reference to China.
