Black Range Minerals Limited
ASX:BLR ISIN:AU000000BLR2
The Company is focused on advancing the high-grade Taylor Ranch/Hansen Uranium Project in Colorado, USA towards production.
The 100% owned Taylor Ranch Uranium Project contains JORC Code compliant indicated and inferred resources of more than 60 million pounds of U3O8. Immediately adjacent is the Hansen Uranium Project, which the Company recently secured exclusive rights to acquire a 100% interest in. The combined assets comprise one of the largest uranium projects within the USA.
The Company is constantly assessing other investment opportunities, including the acquisition of additional quality projects in the resources sector.
News
Black Range Minerals Limited (ASX:BLR) has executed a definitive agreement with STB Minerals LLC that provides Black Range an exclusive option to acquire the remaining 51% interest in the ~30 million pound Hansen Uranium Deposit in Colorado, USA.
Resource Capital Research ("RCR"), an equity research company which focuses on small and mid size resource companies, today launched its major quarterly research report covering 16 global uranium exploration and development companies.
Yesterday the Australian share market was closed in thin trading. The benchmark S&P/ASX200 index ended down 26.8 points, or 0.7%, at 3687. The All Ordinaries index gained 16.8 points, 0.5%, to 3638.9. Market is expected to follow the US trends, but the rising oil and commodities prices may give resources sector a push.
BLACK RANGE MINERALS LIMITED (ASX: BLR) - Uranium JV in the USA - Mr Michael Haynes MD; Boardroomradio is pleased to announce that BLACK RANGE MINERALS LIMITED (ASX: BLR) has published an audio file.
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