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Suggest You - Part Two - New Mexico Uranium: Who are the Serious Players
As most of you know, cartoon character SpongeBob SquarePants is happily employed at the Krusty Krab - a quick serve seen by millions of kids every day on Nickelodeon. Quite a few funny restaurant experiences seem to happen to the SpongeBob crew - they even made a movie about them.Having an 8- and 10-year old, I recently saw the SpongeBob SquarePants movie and there was actually a valuable restaurant lesson to be learned (that
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Energy Metals Corporation is one of the leading uranium development companies to watch in Wyoming and Texas. In an earlier interview with William Sheriff, Director of Corporate Development, he told us Energy Metals planned production centers in Texas and Wyoming. The company has followed through, opening regional offices in both Corpus Christi (Texas) and Casper (Wyoming). Mr. Sheriff also mentioned his company may not develop its New Mexico properties for another five years, but this may be subject to change.
Energy Metals also holds property at Nose Rock, New Mexico. The company reports holding 16 separate leases over more than 8700 acres. A note on the company’s website explains that the Phillips Uranium Corporation reportedly discussed the Nose Rock property contained eight million pounds of U3O8. No work has been completed on this property to make it compliant with National Instrument 43-101.
The website also discusses the property, “The mineralization occurs as roll front deposits in the Westwater Canyon Member of the Morrison Formation and shows no apparent disequilibrium, with no reported vanadium and trace amounts of molybdenum. The anticipated mining method was underground, although the deposits in this area may be amenable to ISL production.” Other Energy Metals Corporation leases include properties in Crownpoint, Rio Puerco, and Ambrosia Lake areas.
Max Resource Corp
A few weeks ago, Max Resource acquired a drill database comprising 40 years of uranium exploration in the United States. Among the data were reports thought to be lost, but which included original reports prepared by Occidental Minerals Corporation about the company’s wholly owned C de Baca uranium project. Located about 100 miles south of Albuquerque, Max Resource announced it has begun the permitting process for a drill program later this year.
OxyMin, a subsidiary of Occidental Petroleum, drilled 216 holes on the property, during the 1980s, and stated in an historical report that they had identified 1.67 million tons, grading 0.18 percent U3O8. The estimate is not compliant with the National Instrument 43-101 for reporting a resource. Max Resource announced it plans to drill ten shallow holes on its property, spending about $100,000 during its first phase of exploration. OxyMin felt the property might be amenable to the In Situ Recovery process.
Powertech Uranium
Powertech Uranium is a recent arrival among the hundreds of new junior uranium companies. Had Craig Bartels not mentioned this company, it would not have been included in this article. Bartels had worked with Richard Clement, Powertech’s Chief Executive, who previously worked with Uranium Resources. Both uranium miners live in a suburb of Albuquerque, New Mexico. At this time, Powertech has only announced its acquisition of the Dewey Burdock uranium resource in South Dakota. However, in a telephone interview with Mr. Clement, he led us to believe Powertech may be in the process of acquiring claims in New Mexico. While we have little to write about on this company, because it is fairly new, it may be one to watch for developments over the course of the summer and fourth quarter. The company is backed by Canada’s Pacific International brokerage firm. Richard Clement told us the company now has more than $12 million in the bank for acquisition, explorat
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The website also discusses the property, “The mineralization occurs as roll front deposits in the Westwater Canyon Member of the Morrison Formation and shows no apparent disequilibrium, with no reported vanadium and trace amounts of molybdenum. The anticipated mining method was underground, although the deposits in this area may be amenable to ISL production.” Other Energy Metals Corporation leases include properties in Crownpoint, Rio Puerco, and Ambrosia Lake areas.
Max Resource Corp
A few weeks ago, Max Resource acquired a drill database comprising 40 years of uranium exploration in the United States. Among the data were reports thought to be lost, but which included original reports prepared by Occidental Minerals Corporation about the company’s wholly owned C de Baca uranium project. Located about 100 miles south of Albuquerque, Max Resource announced it has begun the permitting process for a drill program later this year.
OxyMin, a subsidiary of Occidental Petroleum, drilled 216 holes on the property, during the 1980s, and stated in an historical report that they had identified 1.67 million tons, grading 0.18 percent U3O8. The estimate is not compliant with the National Instrument 43-101 for reporting a resource. Max Resource announced it plans to drill ten shallow holes on its property, spending about $100,000 during its first phase of exploration. OxyMin felt the property might be amenable to the In Situ Recovery process.
Powertech Uranium
Powertech Uranium is a recent arrival among the hundreds of new junior uranium companies. Had Craig Bartels not mentioned this company, it would not have been included in this article. Bartels had worked with Richard Clement, Powertech’s Chief Executive, who previously worked with Uranium Resources. Both uranium miners live in a suburb of Albuquerque, New Mexico. At this time, Powertech has only announced its acquisition of the Dewey Burdock uranium resource in South Dakota. However, in a telephone interview with Mr. Clement, he led us to believe Powertech may be in the process of acquiring claims in New Mexico. While we have little to write about on this company, because it is fairly new, it may be one to watch for developments over the course of the summer and fourth quarter. The company is backed by Canada’s Pacific International brokerage firm. Richard Clement told us the company now has more than $12 million in the bank for acquisition, explora
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Max Resource Corp
A few weeks ago, Max Resource acquired a drill database comprising 40 years of uranium exploration in the United States. Among the data were reports thought to be lost, but which included original reports prepared by Occidental Minerals Corporation about the company’s wholly owned C de Baca uranium project. Located about 100 miles south of Albuquerque, Max Resource announced it has begun the permitting process for a drill program later this year.
OxyMin, a subsidiary of Occidental Petroleum, drilled 216 holes on the property, during the 1980s, and stated in an historical report that they had identified 1.67 million tons, grading 0.18 percent U3O8. The estimate is not compliant with the National Instrument 43-101 for reporting a resource. Max Resource announced it plans to drill ten shallow holes on its property, spending about $100,000 during its first phase of exploration. OxyMin felt the property might be amenable to the In Situ Recovery process.
Powertech Uranium
Powertech Uranium is a recent arrival among the hundreds of new junior uranium companies. Had Craig Bartels not mentioned this company, it would not have been included in this article. Bartels had worked with Richard Clement, Powertech’s Chief Executive, who previously worked with Uranium Resources. Both uranium miners live in a suburb of Albuquerque, New Mexico. At this time, Powertech has only announced its acquisition of the Dewey Burdock uranium resource in South Dakota. However, in a telephone interview with Mr. Clement, he led us to believe Powertech may be in the process of acquiring claims in New Mexico. While we have little to write about on this company, because it is fairly new, it may be one to watch for developments over the course of the summer and fourth quarter. The company is backed by Canada’s Pacific International brokerage firm. Richard Clement told us the company now has more than $12 million in the bank for acquisition, explora
Do you remember as a child having to do something you really didn't want to do because it was difficult?Was it music lessons? Or dancing? Or some kind of sporting activity? I am sure you can remember something that your parents really wanted you to do, but you rebelled against!With almost everyone there is something they tried, and failed to do as a child.Can you remember how good you felt, when finally your parents
Powertech Uranium
Powertech Uranium is a recent arrival among the hundreds of new junior uranium companies. Had Craig Bartels not mentioned this company, it would not have been included in this article. Bartels had worked with Richard Clement, Powertech’s Chief Executive, who previously worked with Uranium Resources. Both uranium miners live in a suburb of Albuquerque, New Mexico. At this time, Powertech has only announced its acquisition of the Dewey Burdock uranium resource in South Dakota. However, in a telephone interview with Mr. Clement, he led us to believe Powertech may be in the process of acquiring claims in New Mexico. While we have little to write about on this company, because it is fairly new, it may be one to watch for developments over the course of the summer and fourth quarter. The company is backed by Canada’s Pacific International brokerage firm. Richard Clement told us the company now has more than $12 million in the bank for acquisition, explora
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