Do you know about - Two Uranium Exploration associates Slug It Out in Utah's Lisbon Valley, Part Four
Phone Claim! Again, for I know. Ready to share new things that are useful. You and your friends.The area is right, and it may be ripe for a discovery. Early exploration drilling for both clubs is now being assayed in Canadian laboratories. Both clubs are scheduling more drilling in the very near future. Unlike most promotionally oriented junior uranium exploration companies, the geologists were very tight-lipped. We talked with bring up Wilson, a expert geologist and a director of Mesa Uranium, who refused to even rejoinder optimism on the modern drilling.
What I said. It isn't outcome that the real about Phone Claim. You check this out article for information on an individual wish to know is Phone Claim.How is Two Uranium Exploration associates Slug It Out in Utah's Lisbon Valley, Part Four
Mesa's Thompson said, "We're evaluating the results from the last holes. We are awaiting drill crews to come back from an oil well they are drilling." He hopes to start drilling again in early August. "When we drill a hole, we lower a gamma-sensing probe and we know what's there immediately," Thompson told us and then clammed up. "Anything we encounter in terms of mineralization would have to come out in a press release." Neither Thompson nor Wilson would furnish any hint as to the results, other than remarking that their drill campaign was scheduled to re-commence in a few weeks.
Universal Uranium's Richard Dorman was interviewed in the evening so he could fit us into his schedule, saying, "I'm working 14 hour days out in the field." He was doing supplementary exploration work, awaiting assays, and plans more drilling. Dorman was in the process of picking out drill sites when we briefly spoke to him Monday afternoon. He also hopes to continue his drilling campaign in August. Both clubs are using Bob Beemon drilling, which carefully the best drill contractor in the region.
An enchanting parallel emerges. It was Mark Steen, the youngest son of Charlie Steen, who helped stake the property claims for Universal Uranium on the other side of the fault. It was the western side of the fault which made his father a world-class rags-to-riches success story. Both Steen and Dorman went to the Mackey School of Mines in Nevada. It was also Steen who reportedly brought Dorman into the project.
"Mark has toured all the historic mines, and talked to everyone who mined uranium in the district," said Dorman. It may explicate why Dorman chuckled while our phone call as we compared the geological models of Mesa and Universal Uranium. "We think the displacement on the east side of the fault is different," said Dorman. He referred us back to his earlier commentary about the stream was bending in "ox bows and winding all over the place." His interpretation suggests they guess their claims are outside Moss Back where the uranium deposition would be most favorable.
Explorations models for both Mesa and Universal Uranium are conceptual. Drilling alone will settle whether whether of those concepts will find adequate uranium mineralization to include an economic orebody. Shortly, we'll witness whether both, neither or whether exploration models hits the mark and finds uraninite, the type of uranium deposited in the Lisbon Valley, also known as pitchblende.
Utah has remained below the radar screen. Although close to the Four Corners area, where the Navajo Nation has banned uranium mining on reservation lands, there appears to be minute noise from the environmentalists. The Lisbon Valley is zoned as an industrial area. More than 50, and as many as 100, producing natural gas wells have operated on the western flank of the Lisbon Fault. On the eastern side, there may be three producing gas wells. We were told another two are being drilled. EnCana has a processing plant on the western flank.
Gas projects in the Lisbon Valley are drilled to depths of 3000 feet or lower into the Paradox Formation. Since April, Constellation Copper has begun mining copper to the south on the eastern side of the fault, at its Sentinel pits. The enterprise is forecast to produce about 60 million pounds over the next ten years. The enterprise has commissioned a solvent dismissal and electrowinning processing plant in the Valley. Oil, copper and gas are in full swing.
While the Lisbon Valley may be a bit crowded with other drilling and production, uranium exploration has yet to catch on. Maybe in the fourth quarter, should whether Mesa or Universal Uranium or both pull up drill results on the order of what Charlie Steen found 54 years ago.... Well, that remains to be seen. Mark Steen will be eager to see if he can corollary in his father's footsteps. In whether event, a discovery by whether junior exploration enterprise would benefit both. It might even create another uranium boom in the area, one which the area hasn't had since the end of the old bull market. We're sure of one thing: Uranium King Charlie Steen will be grinning ear to ear, from up above wishing, he were again in the thick of it roaming about the Valley he made world famous.
Copyright © 2007 by StockInterview, Inc. All proprietary Reserved.
I hope you will get new knowledge about Phone Claim. Where you'll be able to offer use in your life. And most of all, your reaction is Phone Claim.Read more.. Two Uranium Exploration associates Slug It Out in Utah's Lisbon Valley, Part Four. View Related articles associated with Phone Claim. I Roll below. I actually have suggested my friends to assist share the Facebook Twitter Like Tweet. Can you share Two Uranium Exploration associates Slug It Out in Utah's Lisbon Valley, Part Four.
No comments:
Post a Comment