Today Cazaly Resources joined a long list of junior companies that have either entered the uranium sector over the past 6 weeks or added additional tenements that are said to be ‘prospective for uranium’ – fast becoming a buzz word for day-traders that seems to mean “watch this short-term share price spike.”

Cazaly’s announcement this morning regarding the acquisition of a high-grade uranium project in the Northern Territory, a good place to be as far as uranium exploration is concerned, sent its share price soaring by 8c (+25%) at one point to 35c, later settling a 31.5c.

Monday saw the most exotic uranium play of recent weeks come to fruition with Yamarna Goldfields announcement of a project on the remote pacific island of Nuie, sending the company’s share price sharply higher.

Earlier this month Golden State Resource announced that it would be exploring for uranium at its tenements in the Mormon state of Utah in the United States.

Further proving that uranium mineralisation knows no boundaries, last month Perth-based explorer Berkeley Resources announced it had acquired a number of tenements prospective for uranium in the European hotspots of Portugal and Spain.

The following is a list of other ASX-listed junior explorers who have either entered the uranium sector over the past six weeks or acquired additional ground said to be prospective for uranium: Scimitar Resources; Kalgoorlie-Boulder Resources; Matrix Metals; Drake Resources; Giralia Resources; Image Resources; Siberian Mining Corp and Acclaim Exploration.

The next month or so will see a number of company’s float on the ASX including Jindalee spin-off, Energy Metals who closed its IPO earlier this week, Agincourt spin-off, Nova Energy, Contact Resources, Korab Resources and Monax Mining.

Note: This Friday MiningNews.net Premium will post the second instalment of its Yellowcake for All series which will analyse the performance of some of the more prominent uranium explorers over the past six months.