Energy Queen Mine
The Energy Queen Mine, formerly known as the Hecla Shaft, was initially a Union Carbide/Hecla mining joint venture and was acquired by Energy Fuels in December, 2006. The property is located in San Juan County, Utah, between the small community of La Sal and La Sal Junction where Utah State Highway 46 joins U.S. Highway 191. The property is in the west end of the La Sal trend and is just north of an active uranium and copper district known as Lisbon Valley. This mine property is in good condition with well developed infrastructure on site. A head frame; compressor house; mine hoist; and a mine services building with shop, warehouse, office, and miner’s shower facilities are all in place. There is electric power on the site. The mine is located on private land and is fully permitted with San Juan County, Utah and the Utah Division of Oil, Gas and Mining.
| Location | 3 miles southwest of La Sal, San Juan County, Utah |
| NI 43-101 Resource Tons | 181,000 tons M&I 32,900 tons Inf. |
| NI 43-101 Resource U3O8 lbs. | 1,215,000 lbs. M&I @ 0.33% 222,000 lbs. Inf. @ 0.34% |
| NI 43-101 Resource V2O5 lbs. | 4,909,000 lbs. M&I @ 1.38% 943,000 lbs. Inf. @ 1.43% |
| Permit Status | Private lease, fully permitted through San Juan County, and Utah DOGM |
| Planned Production Rate | 250 Tons per Day |
| Estimated Annual Production | 62,500 Tons per Year |
| Projected Life of Mine | 10 Years |
| Production Status | Capital estimate for full rehabilitation complete; 12 months from decision point to full production |
Mine Air Compressor
Surface Facilities
Surface Facilities
Power To The Site
Electrical Power Transformer
Mine Hoist
Headframe Against The La Sal Mtns.
Mine Hoist
Mine Crew Manway To The Shaft
Compressor Building And Air Handling Equipment
