3 Companies To Keep An Eye On In Today's Stock Market

American Lithium Minerals, Inc. (OTC.BB:AMLM.OB) (www.AmericanLithium.com) has commenced field work at its Borate Hills Project in Nevada.
By: Justin Handy
 
June 21, 2010 - PRLog -- American Lithium Minerals, Inc.

(OTC.BB:AMLM.OB) (www.AmericanLithium.com) has commenced field work at its Borate Hills Project in Nevada. The Borate Hills Project is a co-product lithium and boron deposit located 20 miles west of the only producing lithium mine in North America. Surface sampling conducted by the previous owner of the project returned relatively high average grades of 2750 ppm lithium (0.275%) and 10,000 ppm boron (1%). The initial work to be undertaken on the project by AMLM.OB will be to identify and sample previous exploration troughs.

About American Lithium Minerals

AMLM.OB is a U.S.-based mineral exploration company focused on the development of lithium and boron resources in Nevada. AMLM.ob’s key objective is to develop world-class lithium projects that will capitalize on surging demand for lithium-ion batteries, particularly for hybrid and electric vehicles. Lithium is a high-priority and strategic mineral for the U.S. The country’s green energy legislation and long-term energy policies depend on developing a vibrant, domestic lithium-ion battery manufacturing sector. The Borate Hills Project is AMLM.ob’s current primary focus, however it is also active in grassroots exploration for lithium deposits in the Great Basin of the United States with ten other highly prospective projects in Nevada and Utah.
For further information on Fronteer Gold visit http://www.americanlithium.com



Fronteer Gold (TSX:FRG) reports additional intersections of near-surface, high-grade oxide gold at Sandman, demonstrating the Nevada deposit’s strong open-pit development potential.

Newmont USA Limited, as project operator, recently completed a 19-hole drill program at Silica Ridge, one of four gold deposits that comprise our Sandman project. All of the holes reported below intersected gold and silver mineralization within 10 metres of surface. Highlighted intercepts from these holes include:



– 80.58 grams per tonne gold (2.35 ounces per ton) and 1,137.55 g/t silver
(33.18 oz/ton) over 2.93 metres in hole NSM-164,

– 66.98 g/t gold (1.95 oz/ton) and 49.82 g/t silver (1.45 oz/ton) over
1.10 metres in NSM-161;

– 8.12 g/t gold (0.24 oz/ton) and 17.52 g/t silver (0.51 oz/ton) over 1.55
metres in NSM-45;

ABOUT FRONTEER GOLD

We intend to become a significant gold producer. Our solid financial position and strong operational team give us the ability to advance our key gold projects through to production. Our future potential production platform includes our Long Canyon, Sandman and Northumberland projects - all located in Nevada, one of the friendliest gold-mining jurisdictions in the world. Fronteer Gold aims to build regional production by advancing these projects sequentially over the near-term using existing cash resources - funding the company’s growth with low-risk of dilution.
For further information on Fronteer Gold visit www.fronteergold.com.



ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)

Cameco Corporation (TSX:CCO)  that it has increased its interest modestly in UEX Corporation (UEX) to approximately 23.3%. Cameco is not planning to significantly increase its interest in UEX at this time. This news release is provided to comply with Canadian securities laws.

Cameco acquired 4,124,600 common shares of UEX, representing approximately 2.1% of the approximately 197 million common shares of UEX currently issued and outstanding. The shares were acquired in trades conducted through the Toronto Stock Exchange (TSX), Alpha ATS and Chi-X Canada ATS from May 13, 2010 to June 18, 2010 at purchase prices ranging from $0.74 to $0.85 for a total purchase price of $3,372,375. These purchases were made under the normal course purchase exemption from take-over bid requirements under Canadian securities laws. As a result of these purchases, Cameco now owns, directly or indirectly, a total of 45,860,269 common shares of UEX, collectively representing approximately 23.3% of the approximately 197 million common shares of UEX currently issued and outstanding.

About Cameco Corporation

Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world’s largest uranium producers. The company’s uranium products are used to generate electricity in nuclear energy plants around the world, providing one of the cleanest sources of energy available today. Cameco’s shares trade on the Toronto and New York stock exchanges.
For further information on Cameco Corporation visit http://www.cameco.com

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