CanAm Uranium Corp has undergone a name change to CLEANPATH RESOURCES
Uranium Info
One of the main causes of the rapidly increasing value of uranium is a demand that greatly outstrips supplies of the commodity.
CleanPath Resources Corp
Why CleanPath Resources should interest investors and joint venture partners:
CLEANPATH RESOURCES CORP. is a Nevada incorporated resource exploration company focused on the strategic acquisition and development of uranium properties in prolific mining areas in Canada and the United States due to the appeal of Uranium as a source of Clean Energy utilized for Nuclear Power Plants globally. The Company has interests in nine prospective Uranium properties, called the Wheeler Beckett claims, on the eastern perimeter of the AthabascaBasin in northern Saskatchewan. This area is the most important uranium-producing district in the World, accounting for approximately 30% of global primary production and includes the McArthur River Mine, the largest, high-grade uranium mine in the World (reserves of 389.1 million lbs with an average grade of 24.3% U3O8 and producing 18.7 million lbs per annum).
With a large portion of most countries wealth coming from minerals in developing countries, CleanPath intends on utilizing relationships with local governments and companies to acquire land and mineral rights, develop and remediate the sites in joint ventures, and produce local revenues and capital to go towards core human progress initiatives and the Companies bottom-line. In essence, CleanPath will broker and partner properties on behalf of corporations and governments for development purposes.
The essential cornerstones of Government relationships in developing nations such as Africa revolve around Mining, Water, and Energy. We clean the path for the future!
• 6 km long northeast conductive zone: potentially a graphitic horizon analogous with the nearby Hook Lake Showing with >40% U3O8 or the Eagle Point Uranium deposit • prominent derivative gravity anomaly (high values) which could be related to the unconformity. • Unusual arsenic anomaly at northwest property boundary at edge of basin
Magnetic Geophysics Map of Wheeler-Beckett Claims (126023 acres within the Athabasca Basin)
Uranium is used primarily as an energy source for nuclear fission reactors -- a safe, efficient, and emission-free alternative to fossil fuels. The market cycle for uranium had been largely depressed since 1981, but has recently experienced a sharp increase due to macroeconomic factors. An estimated supply shortfall of 80 million pounds per year, for several coming years, is forecast by measuring current annual reactor demand and current annual mine production.
To view the companies management, please click on the names provided in the Board Of Directors Section.
Uranium Spot Price:
US $53.00/lb (+$5.00) As of November 17th, 2008
Uranium price provided weekly by Ux Consulting Company LLC