Monday, July 02, 2018 8:33:26 AM
(Copy and paste from google) Uranium ore deposits in the Paradox Basin have been mined for nearly nine decades; first for radium, then for the associated vanadium, and beginning in 1947 mainly for uranium. The principal host rocks are the Jurassic Morrison Formation and the Triassic Chinle Formation. The ore procurement program of the U.S. Atomic Energy Commission (AEC), for nuclear weapons, was responsible for the first “boom” of the 1950s and early 1960s.
The oil and gas produced in other feilds of the basin mentioned in the press release and the $50000 option paid points to a lucrative project.. I'm betting on a game changer!!
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