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http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEUU-19788…
The company continues to conduct surface exploration work on targets within the Kuriskova licence area, with the objective of defining drill targets that could lead to expansion of the current resource.
Slovakia's Prime Minister Robert Fico, elected in March, 2012, continues to publicly reinforce the message that nuclear power will be a main energy source in Slovakia in the future. Construction of Slovakia's fifth nuclear power plant is expected to be completed and operational by 2020.
The company continues its efforts to define the structure which allows uranium production from Kuriskova to be developed for the benefit of Slovakia's energy future. This could be a production off-take arrangement with Slovakia or a partnership with a Slovak entity. Discussions have been ongoing since April on several levels.
Work programs for the recently acquired Swedish and Finnish uranium prospects have been designed and will be conducted in late summer and fall of 2012.