Wray Mesa Property
Located in the La Sal Channel, just west of the Colorado-Utah state line, Wray Mesa is a Salt Wash target. The La Sal Channel hosts two of the largest Salt Wash orebodies discovered to date: the Hecla (>15 million lb U) and the Pandora (>5 million lb U).
The Wray Mesa land package comprises 47 Claims, all on the Bureau of Land Management’s ground. The package covers approximately 940 acres. All current mineral resources have a total measured and inferred U3O8 (Uranium) of 600,000 lbs and V205 (Vanadium) 3,600,000 lbs. We are currently involved in a drilling program to expand our ore bodies.
Uranium-vanadium mineralization occurs in the eastern portion of the La Sal Channel in the Upper Salt Wash Member of the Morrison formation at depths of 500-750 feet. Known thicknesses of the Upper Salt Wash range from 25 to 25 feet. This thickness of the Upper Salt Wash sandstone was unexpected in this area. Preliminary examination of drill hole maps indicates that the mineralization discovered by Pioneer Uravan on the Property occurs in a similar manner to the Hecla and Pandora orebodies. Both the Pandora and Hecla orebodies occr in the oxbow bends in the La Sal Channel.
There has been no past production from the Project area. However, previous exploration by Atlas Minerals and Pioneer Uravan has identified three orebodies on the Property, all of which are open in at least two directions. JL Energy LLC, believes it is possible to significantly increase the size of the orebody with future drilling.
For more information on the formation “Click here”
White Canyon PropertyThe Tessy Claims are located in the White Canyon mining district in the west-central part of San Juan County, Utah. In the White Canyon district, uranium deposits are found in the Chinle Formation. The Chinle is composed of, in ascending order, the Shinarump, monitor Butte, Mossback, Petrified Forest, Owl Rock, and the Church Rock Members. The main ore bearing unit is the fluvial basal Shinarump which unconformably overlies the Moenkopi formation. Most of the uranium mineralization is located in medium to coarse grained and conglomeratic sandstone and interbedded mudstone which fills channnels that have been cut into the Moenkopi.