PAST URANIUM PRODUCER – Approximately 400-460,000 lbs produced from open pit operation (1959-1962) at a grade of 0.20-0.23% U3O8.
DEPOSIT MODEL – Uranium mineralization occurs in tuffaceous sandstone that has been correlated with the tuff that hosts beryllium deposits nearby, at Materion Corp.’s Spor Mountain operation.
Property recently acquired by staking 62 claims, 1240 acres. No royalties.
Excellent logistics, located 80 km from the town of Delta, access by excellent roads, with only the last 10 kms not paved.
Property area is significantly under-explored, with minimal exploration in the last two uranium booms (1960s-1970s, 2005-2008).
Property comprises BLM claims, that can be readily permitted for a drill program.
Exploration targets with potential includes areas to the south of the Open pit where government geologist report the favorable host unit is traceable beneath alluvial cover.
“YELLOW CHIEF PROPERTY – A highly prospective early-stage uranium property in an active mining district of western Utah, that can be quickly advanced to the drill stage.”