UVRE Limited is an exploration company pursuing minerals anticipated to play a key role in the generation and storage of low-carbon energy, and opportunities that will be pivotal in the technologies and developments associated with the de-carbonisation and electrification of the global economy. The company’s key project East Canyon, located in Utah USA, is prospective for both Uranium and Vanadium.
East Canyon Project Highlights
- The East Canyon Project is located in the Dry Valley/East Canyon mining district of south-eastern Utah, and is part of the extended Uravan Mineral Belt which has been an important source of uranium and vanadium in the US for more than 100 years
- The East Canyon Project Comprises 231 contiguous claims (~4620 acres/18.7km2) which are located in an area with known historical workings, historic drill intercepts and historic production of both uranium and vanadium
- Initial Exploration program at East Canyon in 2020 by Red Dirt Metals (ASX: RDT) consisting of underground mapping and sampling was carried out and visible mineralised seams and zones were observed in the workings
- Encouraging high grade results of both Uranium and Vanadium were returned from the initial exploration program and priority drill exploration targets have been identified
- Drilling is anticipated to commence in due course
- The district hosts several significant uranium-vanadium operations and infrastructure, which may represent a low-cost opportunity
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