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URZ Energy Corp.
Summary
| Project: | Gas Hills | |
|---|---|---|
| Deposit: | Gas Hills | |
| Location: | United States | |
| Commodities: | Uranium | |
| Date: | 6/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 27-6-2017: URZ Energy Corp. announces a Resource Estimation report for its Gas Hills deposit at the Gas Hills project. Amended technical report on the minral resource and exploration target at the Gas Hills Project . This report titled “AMENDED AND RESTAT | |
| Resources: | (Resource): 2.407Mt @ 0.098eU3O8 (Ind.) and 2.324Mt @ 0.054eU3O8 (Inf.) at project | |
| CP/QP: | [Resources]: Douglas L. Beahm (BRS Inc.) | |
| ABSTRACT: | This report titled “AMENDED AND RESTATED, GAS HILLS URANIUM PROJECT, MINERAL RESOURCE AND EXPLORATION TARGET NI 43-101 TECHNICAL REPORT, FREMONT AND NATRONA COUNTIES, WYOMING, USA” (the “Report”) was prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (NI 43-101) and the Mineral Resources are in accordance with Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) Definition Standards Mineral Resources and Mineral Reserves, May 10, 2014 (CIM Definition Standards) and the effective date of the Mineral Resources is June 9, 2017. The Project is owned by UCOLO Exploration Corp. (UCOLO), a Utah corporation, and a wholly-owned subsidiary of URZ Energy Corp. (URZ), collectively “URZ”. As of the date of this Report URZ is undertaking its initial public offering to become a public company whose shares will be traded on the TSX Venture Exchange. URZ intends to file this Report in support of an Initial Public Offering with Canadian Securities Regulatory authorities, and to support a listing application with the TSX Venture Exchange. This report was prepared for URZ and provides estimates of Mineral Resources and exploration targets for five areas of mineralization within the Gas Hills Uranium District referred to as the Day Loma, Loco-Lee, George-Ver, Rock Hill, and Bullrush areas, collectively the “Project”. Available data utilized in this report includes pre-2007 exploration and production on URZ’s Gas Hills Property, and drilling completed by a previous owner, Strathmore Minerals Corporation, from 2007 to June 2013. In August 2013, Strathmore was acquired by Energy Fuels Inc., who subsequently sold the property to URZ in October 2016. | |
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