Standby Mines

La Sal Complex

Whirlwind

Daneros

La Sal Complex

%

Ownership

A series of uranium/vanadium mines in eastern Utah, including the Beaver, Pandora, La Sal, Energy Queen and Redd Block Projects.

Close proximity to the White Mesa Mill

Beaver and Pandora mines fully permitted and developed

Beaver and Pandora in operation as recently as late 2012 producing 550,000 lbs. of uranium

Measured & Indicated Mineral Resources

  • 4.1 million pounds of uranium
  • 21.5 million pounds of vanadium
  • 1.1 million tons of mineralized material
  • Average grade of 0.18% U3O8
  • Average grade of 0.94% V2O5

Inferred Mineral Resources

  • 0.4 million pounds of uranium
  • 1.9 million pounds of vanadium
  • 0.2 million tons of mineralized material
  • Average grade of 0.10% U3O8
  • Average grade of 0.51% V2O5

Significant vanadium resources with potential to supply emerging battery technologies

Whirlwind

%

Ownership

A uranium/vanadium mine located on the Colorado/Utah border.

Close proximity to the White Mesa Mill

Fully permitted and developed

On standby, rehabilitated in 2009

Indicated Mineral Resources

  • 1.0 million pounds of uranium
  • 3.3 million pounds of vanadium
  • 0.2 million tons of mineralized material
  • Average grade of 0.30% U3O8
  • Average grade of 0.97% V2O5

Inferred Mineral Resources

  • 2.0 million pounds of uranium
  • 6.8 million pounds of vanadium
  • 0.4 million tons of mineralized material
  • Average grade of 0.23% U3O8
  • Average grade of 0.72% V2O5

Significant vanadium resources with potential to supply emerging battery technologies

Daneros

%

Ownership

A recently producing uranium mine located in Utah’s White Canyon District.

Close proximity to the White Mesa Mill

Fully permitted and developed

In production as recently as late 2012

Inferred Mineral Resources

  • 0.7 million pounds of uranium
  • 0.2 million tons of mineralized material
  • Average grade of 0.21% U3O8