Dragon Uranium Project
The Dragon Uranium project consists of 30 claims located in Beaver County which includes a one mile area of interest surrounding claims.
The Dragon Property lies in a significant uranium region, and has demonstrated high scintilometer counts over a large area where historical uranium mines and deposits occur. These high counts are associated with hematite, pyrite, silica and fluorite mineralization in an altered volcanic unit. Selected grab samples (altered volcanics with readings) run as high as 0.16 % (3.5 pounds) U3O8. This highly altered rock can also be seen on high resolution satellite imagery. Additional staking is currently in progress on this and other prospective Utah and surrounding region properties.
Locuist Uranium / Vanadium Project
The Locuist Uranium / Vanadium Project consists of 39 claims located in San Juan County,Utah .
The property covers two blocks known as the East Canyon Wash area, which includes the former producing Locuist Mine. The mine was operated by Atlas Mining Corp, but was shut down when nuclear energy fell out of favor after the Three Mile Island incident. The second block of claims is located adjacent to the operating 'Jim But Mine' and contains good Uranium (U308) sample values, together with evidence of good vanadium values. The Locuist Mine was mining 0.25% U308 plus vanadium when mining was terminated. A uranium/vanadium processing plant is located near Blanding, approximately 50 miles from the Locuist property.
San Juan County was the source of 83% of the one hundred and eleven million pounds of U308 produced in Utah up until 1982, together with 60 million pounds of vanadium.
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UTAH PROJECT MAP
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