UR Energy LLC Package
Overview
American Atomics holds an exclusive option to acquire 100% of the uranium and vanadium assets currently held by UR Energy LLC across the Colorado Plateau. These include 156 lode claims concentrated in historic production corridors in Montrose and San Miguel Counties, Colorado, encompassing historical resources with significant exploration upside. Historical resource estimates in all categories (NI43-101 non-compliant) showed the following:
- Uranium: 1.94 million lbs U₃O₈
- Vanadium: 8.02 million lbs V₂O₅
- Uranium Grades: 0.16% – 0.25%
- Vanadium Grades: 0.50% – 0.93%
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UR Energy LLC Package
key projects
Wray Mesa Project
Located in Montrose County near the Utah border, Wray Mesa hosts both historic production and modern drilling. A non-compliant historic technical report (2013, P. Geol., Anthony R. Adkins, LLC) estimated:
● Indicated Resource: 271,000 lbs @ 0.16% eU₃O₈
● Inferred Resource: 169,000 lbs @ 0.15% eU₃O₈
● Vanadium (V:U ratio ~6:1): 2.64 million lbs estimated, up to 0.95% avg. gradeWray-Mesa-43-101-Report
Willhunt Property
Just northeast of the Slick Rock District, Willhunt includes historic intercepts and production history. Historic measured and indicated estimates (non-compliant 2008 technical report, Peters Geoscience, P. Geol.) were generated using polygonal methods, based on 100-ft drill spacing and historical maps Willhunt 43-101.
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Willhunt: Index Map
Willhunt: Geological Map
National Instrument 43-101 Disclosure
The technical information on this web page has been reviewed and approved by Joe Campbell who is a Qualified Persons in accordance with the Canadian regulatory requirements set out in NI 43-101. Readers are cautioned that some of the technical information described on this web page is historical in nature; however, the historical information is deemed credible and was produced by professional geologists/geoscientists in the years discussed.
