Best Kept Uranium Secret Now Out of the Bag

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Until now, few realized the Republic of Niger was one of the top uranium producers in the world. Until now, the world’s second largest uranium producer had a near-monopoly in Niger. Two Canadian exploration companies have gotten their foot in the door and have begun exploring for uranium.

Dr. Jon North, director of Northwestern Mineral Ventures (TSX: NWT; OTC BB: NWTMF) told StockInterview.com, “This (country) is the fourth largest uranium producer in the world. Niger has never had an entrepreneurial and nimble junior mining company ever explore for uranium. And this is the first one.” Until now, the Republic of Niger’s uranium mining has been dominated by the world’s second largest uranium miner, Cogema. The French government-owned mining company has enjoyed a near monopoly in Niger, and produces nearly ten percent of the world’s uranium.

With spot uranium prices at $41/pound, a level not seen since November 1979, two Canadian exploration companies obtained exploration concessions from the Republic of Niger. Northwestern Minerals is quite enthused about its exploration prospects in that country. “We know there is uranium mineralization on the surface, based on the work which was done by Jon North,” Northwestern Minerals President Marek Krezcmer told StockInterview.com, “I think we can succeed. We’re going to find uranium….Our business plan there is to discover mineralization, and (have) probably someone like Cogema become a partner of choice.”

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The entire interview with Dr. Jon North, and the feature about uranium and exploration in the Republic of Niger can be found on the internet news website, in the news story entitled, “Exposed: The World’s Best Kept Uranium Secret.”

Visit this webpage for the complete story: http://www.stockinterview.com/nwt.html

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Julie Ickes

Editor, StockInterview.com

Tel: (941) 929-1640

Email: editor @ stockinterview.com

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Julie Ickes