Utah Property

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Uravan Mineral Claims

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The sixty-six (66) Vanadium-Uranium mineral lode claims are located in the northeast corner of San Juan County approximately 40 miles southeast of Moab, Utah one of the most mining friendly states in the USA. The project area has nearby production, excellent infrastructure including a network of roads, railroads and cellular telephone coverage.

The Uravan Mineral claims are located within the Colorado Plateau near the Utah-Colorado border. The Colorado Plateau is a broad area of regional uplift consisting mainly of flat-lying Paleozoic, Mesozoic and Cenozoic sedimentary rocks. The strata is gently folded and faulted by uplift, intrusion and collapse of plastic evaporite formations on the east and by intrusion of laccolithic complexes now composing the La Sal Mountains on the west.

The uranium-vanadium deposits in the La Sal quadrangle occur in the uppermost sandstone of the Salt Wash Member of the Morrison Formation. The ore bearing sandstone range in thickness from a few feet to 100 feet. The sandstone is a medium to fine grained quartzose interbedded with siltstone and mudstone. Near the uranium-vanadium mineralization, the sandstone is white, light gray or light brown, and the siltstone and mudstone are usually light green or gray green. Data compiled from mining activity and regional studies indicates ground considered favorable for Vanadium-Uranium mineralization has the following features:

• Sandstone beds over 30 feet in thickness with a light brown to light gray color with a medium to fine grain size.
• The sandstone contains carbonaceous material and a gray or grayish-green mudstone.
• The beds contain mudstone as a film, pebbles or seams.
• The sandstone is overlain by gray, greenish-gray or green mudstone.

A preliminary radon survey was completed on the Uravan Mineral Claims during September, 2009. The preliminary radon survey data indicates an anomalous east-west radiometric trend. The size of the anomalies appears to be similar to the size of the high grade vanadium-uranium beds mined from the nearby Firefly, Gray Daun and Vanadium Queen Mine.

Uravan Aerial Photo and Map