Uranium Standard Signs LOI with Energy Fuels for Marquez Uranium Project

Uranium Standard Resources Ltd. (TSXV:USR) signed a letter of intent with Energy Fuels Inc. (NYSEMKT:UUUU,TSX:EFR) for a 100% interest in the Marquez Uranium Project in McKinley and Sandoval counties, New Mexico.

As quoted in the press release:

The LOI also calls for the sale by Energy Fuels to Uranium Standard of the historical exploration database. This LOI marks the first step in Uranium Standard’s strategy to acquire a portfolio of high quality uranium projects.

Click here to read the Uranium Standard Resources Ltd. (TSXV:USR) press release