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noka resources inc (NX) Snapshot

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52 Week High
03/11/14 - C$0.21
52 Week Low
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Market Cap
1.1M
Average Volume 10 Days
80.9K
EPS TTM
C$-0.08
Shares Outstanding
45.9M
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noka resources inc (NX) Details

Noka Resources Inc., a junior exploration company, focuses on uranium in the prolific Athabasca Basin, Northern Saskatchewan. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

Founded in 2010

noka resources inc (NX) Top Compensated Officers

President, Chief Executive Officer, Corporate...
Total Annual Compensation: C$120.0K
Compensation as of Fiscal Year 2013.

noka resources inc (NX) Key Developments

Noka Resources Inc., Annual General Meeting, Sep 26, 2014

Noka Resources Inc., Annual General Meeting, Sep 26, 2014., at 14:00 Pacific Standard Time. Location: Computershare, 2nd floor. Agenda: To receive and consider the audited financial statements of the company for the years ended November 30, 2013 and 2012, together with the auditor's report thereon; to appoint auditors for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to fix the number of directors for the ensuing year at three; to elect directors for the ensuing year; to approve and adopt, with or without modification, by ordinary resolution, the 2014 stock option plan; and to transact such further and other business as may be properly brought before the Meeting and any adjournment or postponement thereof.

Noka Resources Inc. Announces Western Athabasca Syndicate Reports Assay Results from 2014 Diamond Drilling Program

Noka Resources Inc. reported inaugural drill assay results from the Preston Uranium Property being explored by the Western Athabasca Syndicate. Three out of fifteen existing targets received preliminary drill testing this spring, including the Swoosh (7 holes), CHA (1 hole) and FSA (1 hole) targets. The drilling totaled 1902.7 meters over 9 holes. Anomalous radioactivity discovered in the drilling is proximal to EM conductors and associated with gravity low anomalies which are the result of strong hematite, chlorite and clay alteration of the structurally disrupted lithologies; this is consistent with being in a mineralization halo and is common to many Athabasca Basin uranium deposits. The best intercept to-date from the Swoosh area returned 8.82 ppm U and 360 ppm Th over 0.5 meters in hole PN14003. Th/U and Pb isotope ratios, and evidence for deformation/alteration suggest that most zones at the Swoosh area have undergone uranium depletion and may have at one time hosted significant uranium mineralization; as such, directly adjacent targets should be investigated for places where the uranium could have been re-deposited. The one hole drilled at the FSA target returned 5.84 ppm U over 1.0 meter and the one hole drilled at the CHA target returned 4.25 ppm U over 1.0 meter. Loss of circulation near the bottom of the FSA drill hole occurred just prior to the geophysical target depth; blue clay encountered at the bottom of the hole is likely altered graphite, strongly anomalous in silver, and with a relatively high radiometric-sourced Pb isotopic signature that warrants further follow up. The Syndicate's Technical Team considers these findings in the first drill program at Preston to be a breakthrough towards potentially identifying economic levels of uranium mineralization at shallow depths; further exploration work and drill campaign planning is underway.

Noka Resources Inc. Announces Resignation of Jerry Minni as Director

Noka Resources Inc. announced that Jerry Minni has resigned as a director of the company. Mr. Minni for his contributions to the company as a director and a member of the Audit Committee, and wishes him the best in his future endeavors.

 

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