Projects
 



 

 

In 2008 and early 2009 Uranium International acquired the company’s current core group of properties and their historic data concerning exploration and drilling. In total, the Company now has agreements in place to explore an accumulated total uranium portfolio of just over 20.5 million resource pounds, which is technically compliant per National Instrument 43-101.

The acquisitions consist of several groups of properties and are being transacted between Uranium International Corp., and Trans Atlantic Metals AB (a Swiss company) and Geoforum (a Swedish Company) and between Uranium International Corp. and Continental Precious Minerals (a Canadian company with mineral interests in Sweden). These properties and the associated licenses, represent the Company’s portfolio, which it intends to validate through exploration, and expand as warranted.

Using these acquisitions as a foundation, Uranium International plans to leverage its expertise in uranium mining, add key personnel and create solid financial support based on the merits developing its promising asset base.

CPM Acquisition Group, Sweden

The Company entered a Letter Agreement to purchase a total of thirteen exploration licenses uranium deposits held by Continental Precious Minerals Ltd. (“Continental”) in Sweden in April 2009.

The exploration licenses cover seven drilled uranium deposits and one property containing a uranium occurrence as detailed in the National Instrument 43-101 compliant technical report issued by Telluride & Associates on the properties in July 2005 and restated in September 2005. The licenses encompass a total area of 583.95 hectares in the northern half of Sweden, south of the Arctic Circle.

Telluride & Associates generated CIM indicated resources at four of the deposits from the available inferred resource sectional data and, after review, has accepted two historical, geostatistically based estimates at the Pleutajokk and Lilljuthatten deposits as being equivalent to CIM indicated resources. The inferred resources at Sågtjärn are underdrilled and are not considered suitable as a whole for indicated resource status.
Telluride & Associates resource estimate at the properties as at July 15, 2005:
 

Deposit

Resource Type

Resource(t)

Grade %U3O8

Tonnes/U3O8

Kg U309/Tonne

Skuppesavon

Inferred

304,000

.076

271.2

0.89

Skuppesavon

Indicated

674,000

0.069

540.03

0.81

Pleutajokk

Inferred

~1,460,000

~0.101

~1,743.7

~1.19

Pleutajokk #

Indicated

470,000

0.117

649.6

1.38

Kvarnån

Inferred

315,000

0.058

217.0

0.68

Kvarnån

Indicated

1,625,000

0.076

1,459.6

0.89

Björkråmyran

Inferred

380,000

0.099

362.0

0.95

Björkråmyran

Indicated

954,000

0.100

1,111.9

1.16

Lilljuthatten

Inferred

~168,000

~0.026

~50.7

~0.30

Lilljuthatten #

Indicated

779,000

0.206

1,895.8

2.43

Nöjdfjället

Inferred

271,000

0.041

129.4

0.47

Nöjdfjället

Indicated

485,000

0.068

386.6

.80

Sågtjärn

Inferred

756,000

0.058

516.0

0.068

Note: # denotes resource bases estimated by geostatistical methods; indicated resources taking precedence in tonnage and content allocation over inferred resources; the cut-off grade is 300ppm

Trans Atlantic Metals AB/Geoforum Group, Sweden

In January 2009, Uranium International entered into an agreement with Trans Atlantic Metals AB and its wholly owned subsidiary, T.A. Metals for exclusive options to acquire up to an 80% undivided interest in four mineral properties in Sweden, subject to a 3% NSR royalty. A similar transaction was negotiated with Geoforum on an additional four properties.

Uranium International Corp. enters the option agreement with the intent of exercising its options for the properties and then entering into a joint venture agreement in order to jointly develop the properties currently held by option by T.A. Metals. The properties are characterized by T.A. Metals and third-party data as containing significant uranium mineralization. Any such mineralization has not yet been classified under National Instrument 43-101 guidelines.

Note: Table denotes Historical Mineral Resources (non NI 43-101 compliant).

Property

Drill Holes

Indicated (tU)

Grade %U3O8

Tonnes/U3O8

Av. Grade

Labbas

49

150

300-1500

0,4-3,9Mlb

0,10%

Bjorklund

120

 

300

1,9-4,7Mlb

0.10%

Raverberget

46

30

50-500

1,9-4,7Mlb

*

Langtrask

77

100

400-1000

1,9-4,7Mlb

0,05%

Laïsback

218

 

100-500

0,3-1,3Mlb

0,15%

Pustaberget

132

 

200-2000

0,5-5,2Mlb

0,15%

Märrviken

45

 

50-100

 

*

Staverberget

209

 

50-100

 

*

*=data file to be examined

UIC Swedish Properties

Click map to enlarge

The properties shown above include Uranium International Corp.’s current prospects from the agreements in place with T.A Metals Group/Geoforum and Continental Precious Minerals as of May 2009.


 
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