Uranium Exploration (U3O8): Russell Industries: Fact Sheet Russel...

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fazoolius

Re: NYBob post# 127

Sunday, 08/12/2007 1:46:51 AM

Sunday, August 12, 2007 1:46:51 AM

Russell Industries: Fact Sheet

Russell Industries (RSDS.PK), a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK)
Trophy Resources (TRSI.PK) is excited to announce that their joint venture partnership with Russell Industries, Inc andAmerican Uranium Mining Company has received an exploratory mining permit for the initial uranium holdings in San Juan County, Utah.

This permit, (Claims UMC 391224 - 391273 / Permit E/037/125), will allow the companies to begin the process necessary to establish the true potential of this property in ore reserves, as well as its grade, with the objective of establishing a full scale mining operation in the near future.

322 mining claims already in house between AUMN and RSDS.

54 Pay Day Mine claims
100 Rage Claims (permit due on August 13th)
50 Rockie Claims
50 Cache Claims (permit in hand)
68 Mesa Claims (held by AUMN)

RSDS Claims (254):
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22004453

AUMN Claims (68) and map for all 322 claims:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21923428

Pay Day claims evaluation:

Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.

At the time of this report, Uranium and Vanadium prices were much lower than today’s current market price. Using today’s valuation, the 54 Pay Day claims could have a value in excess of $59,400,000.

Operational plans for Exploration of 322 claims.

RSDS already has been approved for a permit for exploration on the Cache claims.

Link to Full Report via pdf:
http://www.geocities.com/fazoolius_2006/Exploration_Reclamation_Contract.pdf

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Note: Some information such as e-mail addresses, and bank routing numbers were erased for privacy protection.

RSDS is currently awaiting approval for permits on the Rage claims and one other claim set.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21524582

Acquisition of American Uranium Mining Company, AUMN.
At the current share price, AUMN is worth $800,000 USD.

HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO.

Joint Venture with Trophy Resources.

Russell Industries currently has a joint venture with Trophy Resources. The CEO of Russell is on the board of directors. Trophy Resources brings the O&G expertise to the table and could potentially open up the 322 claim set to O&G exploration.

CLEVELAND, OH, Jul 25, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) announced today that they have completed the due diligence and are proceeding with the acquisition process of an initial block of 65 uranium claims. This is the first phase of our uranium claim acquisition program to acquire the maximum of 310 claims allowed under federal guidelines.
The claims are located in the North Cottonwood area of San Juan County, Utah. They run in concert with and geographically complement those owned or currently being acquired by Trophy's JV partners: Russell Industries (PINKSHEETS: RSDS) and American Uranium Mining Company. While the three companies are independently operated, they have a JV agreement in place allowing for the best use of over all resources in the development of these claims.

Completed 504.

HOUSTON, May 31, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has completed its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission.
"The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims. We are also contemplating the purchase of certain drilling equipment if our cost analysis indicates this to be advantageous," said Rick Berman, President and CEO.

Quarterly report stating the money invested in mining claims as well as the money spent through June 30, 2007 on exploration.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21949698

Share Structure:
Authorized Shares: 2,000,000,000 as of 05/29/2007
Outstanding Shares: 1,797,025,996 as of 5/29/2007
Restricted Shares: 150,737,759
Float: 1,646,288,237 as of 05/29/2007
Market Cap: $898,513

RSDS NEWS ARCHIVE (courtesy of Righty)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21911266

NI 43-101 reports due for all 254 claims held by RSDS.

HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims.
This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May.
"We have elected to engage two independent geologists to issue NI 43-101 compliant reports to establish an economic valuation of the underlying assets of the claims we now have in house," said Russell Industries President and CEO Mr. Rick Berman.
A National Instrument (NI) 43-101 report is the standard that Canadian Securities Administrators have developed to regulate how public companies or "issuers" can disclose scientific and technical information about mineral projects to the public. This report is also used in the EC as a standard that investment funds use when evaluating potential investments. The report is expected to be delivered during the fourth quarter of 2007.

!!!!THIS STOCK HAS GOT TREMENDOUS POTENTIAL!!!! With news that we are executing the Plan of Operations for the Cache claims and beginning work on the Rage claims this can and will see upward movement. When the valuation of all 322 claims comes in (not just the 54 claims valued at $59,400,000 at todays U308 prices) this baby will move even higher.

This is a great buying opportunity and will be one hell of a ride over the next few months.

-faz

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt