Replies to post #19 on Dakota Territory Resource Corp. (fka DTRC)

[CashFXGroupPowerTeam]

I need translation please :)

[stockprofit2023]

Urex Energy Corporation (OTCBB: URXE), a company actively exploring and developing uranium properties in Argentina and New Mexico.

“Despite a downturn in many commodities, the price of uranium has risen 25% in the past six months, reaching a new high of $54 US per pound.”



Recent Price: $0.92

52-Week Range: $0.26-$1.00

Website: http://www.urexenergy.com

Other Analysis: http://www.otcbargains.com/urex

More: http://www.growthstockanalyst.com/



Overview:

Urex Energy Corp. is focused on actively exploring and developing uranium properties in Argentina and New Mexico.

Urex owns a 99.8% interest in the Rio Chubut property comprised of 170,000 hectares of land which is adjacent to the Cerro Solo Uranium deposit located in Chubut Province within Patagonia of southern Argentina. The Cerro Solo exploration block is approximately 20 km x 50 km, and borders the Cerro Solo Uranium deposit to both the North and the South.

Urex also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico. The La Jara Mesa Extension property lies adjacent to Laramide Resources Ltd.'s La Jara Mesa and Melrich uranium deposits. Between 1950 and 1978 the Grants Mining District produced 270 million pound of uranium oxide which ranks it as the most prolific uranium district in the United States.

Uranium Info:

- High demand as an energy source

- Significant Price increase

- Production shortfalls

- Diminished supply

- Growing cost of alternative fuels used to produce electricity

- More than 140 new reactors to be built over the next 10 years

- Uranium is more than 10,000 times the energy output than oil (megajoule/kg)

Projects:

La Jara, New Mexico

Urex Energy Corp. owns a 100% interest in 137 unpatented mining claims (approximately 2,740 acres) in Grants Mining District Cibola County, New Mexico that lie adjacent to Homestake's La Jara Mesa and Melrich uranium deposits. Between 1950 and 1978 the Grants Mining District produced 135,891 tons of uranium, which ranks it as the most prolific uranium district in the United States.

The uranium mineralization occurs as tabular units within Brushy Basin member of the Jurassic Morrison formation. The host sandstone is equivalent to the production zone at the Jackpile Mine operated by Anaconda to the east of the project area. The formation is near horizontal and is dry.

Homestake La Jara Mesa Deposit lies on the southwest boundary of the Urex claim block (figure 1) and contains five separate areas have a combined mineral inventory (drill indicated and inferred) of 1,133,310 tons at 0.30% eU3O8 containing 7,133,310 pounds utilizing a 15% diluted thickness/grade cutoff of 6 ft. at 0.16% eU3O8. Within the above total is the Dena Rich deposit, which contains 804,199 tons at 0.36% eU3O8 containing 5,084, 692 pounds. Homestake completed a feasibility study in 1983. No mine access or development work was initiated. Much of the property remains unexplored. Drilled mineral intercepts have not been fully delineated. The potential remains to double the current 7 million pound U3O8 resource.

The Homestake Melrich ore body lies on northeast boundary of the Urex claim block (figure 1) and is a north-south trending tabular unit containing an indicated/Inferred/Potential resource of 1,045,500 tons at an undiluted grade 0.154% eU3O8 for a total of 3,217,000 pounds when using a 0.08% eU3O8 cutoff. The ore body is approximately 2600 feet in length 500 feet in width and an average thickness of 11.8 feet.

The property is well drilled with very little additional potential. Several scoping studies have been conducted to consider conventional mining by shaft entrance as well as extraction by in-situ leach. The Jurassic Morrison formation's Brushy Basin member uranium host rock exists under the Urex's claim block and with drilled uranium reserves on the boundaries; it is estimated that a uranium potential of 20 to 40 million pounds of U3O8 could exist on Urex's property.

Rio Chubut, Agentina

Urex Energy Corp. owns a 100% interest in the Rio Chubut property comprised of 170,000 hectares of land which is adjacent to the Cerro Solo Uranium deposit located in Chubut Province within Patagonia of southern Argentina. This exploration block is approximately 160 km x 195 km, and borders the Cerro Solo Uranium deposit to both the North and the South.

The Cerro Solo deposit hosts a pre-National Instrument 43-101 ("NI 43-101") estimated "recoverable" resource of 4,600 tonnes (10 million pounds) uranium based upon the results from 410 drill holes. The estimate incorporates both indicated and inferred resources. The "recoverable" resource category is not recognized under NI 43-101. Nuclear Assurance Corporation International (USA) determined the resources on the behalf of Comision Nacional de Energia Atomica ("CNEA") of Argentina in 1997 (CNEA, 1997).

The Cerro Solo deposit is a sandstone-type uranium-molybdenum deposit with mineralized layers distributed in fluvial conglomeratic sandstone of the Cretaceous Chubut Group lying 50 to 130 metres ("m") below surface. Fluvial channel ways within the Chubut Group rocks have been recognized as particularly favourable hosts for uranium mineralization from which some small-scale production has been derived. Uranium occurrences also occur in volcaniclastic tuffs of the Chubut Group. CNEA estimates that the Chubut Group rocks are distributed over an area of 170,000 square kilometers ("km2") with airborne radiometric data identifying over 2,300 uranium anomalies within them (CNEA, 1997). Due to excessive focusing on the evaluation of the Cerro Solo deposit, ensuing financial constraints, and a morbid global uranium market at the time, CNEA has assessed few of these uranium anomalies identified by airborne radiometric data.

The Rio Chubut property is in a strategic position adjacent to, and along strike of both ends of the fluvial channel which hosts the above mentioned Cerro Solo deposit, as well as two past producing uranium mines. Five other sandstone hosted uranium occurrences elsewhere within Chubut Province have also been acquired by United Energy Metals S.A. and is anticipated to provide significant exploration potential.

Management & Directors:

Richard Bachman Position: President & Director
Mr. Bachman is a successful manager with 26 years of experience in mining and mineral exploration including 13 years of international experience in South America, Africa, Asia, and Europe. His strengths include designing, implementing and directing successful acquisition and exploration programs throughout the world.

Mr. Bachman's work experience includes 22 years working with Homestake Mining Company in various capacities ranging from exploration to mine operations. From 2002 until now, Mr. Bachman has acted as President and Consulting Professional Geologist for Minera Teles Pires Inc., a Reno, Nevada company. Mr. Bachman holds a Bachelors of Science degree in Geological Engineering from the South Dakota School of Mines and Technology and is a Certified Professional Geologist with the American Institute of Professional Geologists

Oscar Yoshitaka Yokoi Position: South American Manager

Mr. Yokoi has more than 29 years of mining and mineral exploration experience having received a Bachelors of Science in Geology (1977) from the University of Sao Paulo and a Masters of Arts in Business Administration (2003) from UNA Belo Horizonte. During his career, Mr. Yokoi was employed by BP Minerals, Brascan, Homestake Mining Company, Votorantim and JOGMEC and has consulted for CVRD, Placer Dome, and Meridian Gold.

Mr. Yokoi will take charge of Urex's Rio Chubut Project included in which is the recently announced drill program on the Cerro Solo Block that comprises a seismic refraction geophysical survey and a 30 hole drill program.

Mr. Luis Humberto Goyzueta Angobaldo Position: Director

Mr. Goyzueta has an impressive track record spanning over seven years working as an executive with natural resource companies in Peru. He is General Manager and serves on the Board of Directors of Interpacific Oil, Peru's only biodiesel company. He also serves on the Board of Directors of Oiltec, Gulf Oil International's partner in Peru. Furthermore, he is President of two Peruvian mining companies, Compania Minera Moria and Minera Inka Sol. In addition to his Peruvian natural resource expertise, Mr. Goyzueta holds a degree in Economics and Finance from Bentley College in Boston, and has a large network of high level contacts throughout Latin America.

Recent News:

10/19 Urex Energy Moves Forward with Preparations for Drill Testing of Uranium Properties in New Mexico and Argentina

10/18 Urex Energy Announces New South American Manager

10/16 Urex Energy Announces Drilling Plans

10/13 Urex Energy Announces Private Placement

09/07 Urex Energy Corporation Lists on the Frankfurt Stock Exchange

Contact:

CONTACT: Urex Energy Corporation
Mr. Brad Long, Investor Relations,
866-493-URXE (8793)
[e-mail]
www.urexenergy.com