Updated 14 January 2009

Nearby Resources and Production Statistics

Secondary Uranium Minerals, Grants Ridge

Active exploration in the immediate area around the project is currently being carried out by companies including Cameco, Strathmore, Laramide, and Western Energy. A number of uranium deposits in the belt have stated NI 43-101 compliant resources including:-

Church Rock     15,373,349 lbs U₃O₈ @ 0.10% (6,975 tons),
Roca Honda      33,344,000 lbs U₃O₈ @ 0.20% (15,129 tons) 
La Jara Mesa    10,430,470 lbs U₃O₈ @ 0.22% (4,733 tons)

Church Rock and Roca Honda are currently in permitting for mining. A number of deposits in the immediate area have substantial historic (non NI 43-101) resources including Marquez, Nose Rock and San Mateo deposits.

Past production from the area in and around the claims includes:

Marquez                   3,757,847 lbs @ 0.26% U₃O₈ (1,705 tonnes)
San Mateo               2,847,800 lbs @ 0.17% U₃O₈ (1,292 tonnes)
Poison Canyon       1,004,574 lbs @ 0.23% U₃O₈ (456 tonnes)
Section 25               958,058 lbs @ 0.20% U₃O₈ (435 tonnes), 153,657lbs V2O5@ 0.03%
F33                            721,601 lbs @ 0.23% U₃O₈ (327 tonnes), 31,306 lbs V2O5 @ 0.12%
Haystack                  581,798 lbs @ 0.20% U₃O₈ (264 tonnes),165,494lbs V2O5 @ 0.05%
Barbara J                 676,918 lbs @ 0.22% U₃O₈ (307 tonnes)