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White Canyon was one of the newest discovered districts and as such represents better upside for further ore delineation than many of the more mature districts on the Colorado Plateau. The first modern exploration occurred in the 1970s and continued with notable production through the 1980s.

GEITUS MINE: 45 claims owned subject to 2 royalties on total of 18 claims

  • Historic Resources*:
    • 49.2 kt @ 0.243% U3O8 with GT% cutoff of 0.8 for 239K lbs
    • 136.8 kt @ 0.144% U3O8 with GT% of .2 for 393K lbs.
  • Additional resources considered likely with systematic drilling

BLUE JAY MINE: 14 claims owned

  • Historic Resources*:
    • 25 kt @ 0.196% U3O8 with GT% cutoff of 0.8 for 99K lbs.
    • 107.6 kt @ 0.122% U3O8 with GT% of .2 for 263K lbs
  • Additional resources considered likely with systematic drilling

MARCY LOOK MINE: 45 claims owned

  • Historic Resources*:
    • 10.7kt @ 0.245% U3O8 with GT% cutoff of 0.8 for 52K lbs.
    • 38.4 kt @ 0.186% U3O8 with GT% of .2 for 142.9K lbs.
  • Additional resources considered likely with systematic drilling

*The Company’s QP has not done sufficient work to classify the historical estimate as a current mineral resource, and the Company is not treating the historical estimate as a current mineral resource and the historic estimates should not be relied upon

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