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The Property consists of 640
acres controlled by federal lode mining claims and lies
between the Church Rock and Crownpoint uranium districts of
the western Grants Mineral Belt.
The previous operator, Pathfinder Mining Company, drilled in
excess of 130 exploratory holes and demonstrated a resource
of 5.5 million pounds U3O8 at an average grade of 0.07%.
Pathfinder was determining the feasibility and amenability
of in-situ extraction of the uranium resource prior to the
1980s price drop in uranium.
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Location |
Previous Operator |
Resource Classification |
Tonnage |
Grade %U3O8 |
lbs/U3O8 |
Dalton Pass,
New Mexico |
Pathfinder |
Historical: Demonstrated |
3,929,000 |
.07 |
5,500,000 |
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