The Conversation (0)
A recent article on northerminer.com highlighted Western Uranium Corporation (CSNX:WUC) (OTCQX:WSTRF) and advancing toward production at its Sunday Mine Complex located in western Colorado.
A recent article on northerminer.com highlighted Western Uranium Corporation (CSNX:WUC) (OTCQX:WSTRF) and advancing toward production at its Sunday Mine Complex located in western Colorado.
As quoted in the article:
Earlier this year, Western Uranium (CSE: WUC) landed a uranium supply contract with a U.S. utility for delivery beginning in 2018 and lasting through 2022.
The company expects to restart production at its fully permitted Sunday mine complex in Colorado this year.
Western Uranium also has six other past-producing mines in Colorado and Utah.
In addition, through its takeover of Black Range Minerals last year, the company acquired proprietary in situ uranium extraction technology called “ablation.”
The junior plans to use the low-cost, environmentally friendly technology at its Sunday Complex and market it to other miners.
The Sunday Complex contains measured and indicated resources of 1 million lb. U3O8 and 6.1 million lb. V2O5 in 203,170 short tons grading 0.25% U3O8 and 1.49% V2O5. Inferred resources add 264,604 tons at 0.36% U3O8 and 2.16% V2O5.