Grants Ridge Project |
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Grants Ridge |
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USA
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Province |
New mexico |
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Status |
GREEN EXPLORATION
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Legends
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Risk and valuation analysis of the Grants Ridge Project |
Status Risk : Green exploration |
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Title(s) of the Grants Ridge Project |
| Uranium Energy Corp. : 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Uran Limited Option on interest: 65% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Grants Ridge Project |
Grants Ridge property consists of two distinct property packages, These properties, consisting of approximately 4,260 acres, are known as the F-33 and Sections 4 and 9. Grants Ridge uranium project is located in the Grants Mineral Belt in north-west New Mexico, USA.
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History of the Grants Ridge Project |
Grants belt produced over 340,000,000 lbs U308 (154,545 tonnes) prior to 1986 and was the largest producing uranium field in the USA in the previous production cycle. It includes the well-known Poison Creek and Ambrosia Lake uranium districts, and is known for historic high-grade uranium production.
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Geology of the Grants Ridge Project |
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Known mineralisation is in fairly flat-lying stratigraphy, at depths rangingfrom surface at the Section 4 and Section 9 mines, to 150 metres at F33 mine under a small mesa. The shallow depths together with high-grade mineralisation make the area very attractive for mining.
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Data last updated on : 12/22/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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