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Interest Agreement In The Freedom & Prospector Mines Project
VANCOUVER – Terra Clean Energy Corp. announced terms to acquire up to a 100% interest in the Freedom & Prospector Mines Project consisting of 6 Bureau of Land Management (BLM) unpatented Lode Mining Claims on 39.5 Ha covering historic uranium mines (Prospector 1 Mine, Prospector 4 Mine, Buddy Mine, Lucky Strike).
4 Past Producing Uranium Mines covered on the Claims and surrounding area having produced over 1.33M lbs U3O8 at reported average grades of .22% U3O8. Close Proximity to major roads with good year around access, power and a uranium mill located in Blandings, Utah. Uranium recently added to U.S. List of Critical Minerals fast tracking permitting, regulatory policies as well as making eligibility for federal funding, loans and government grants easier.
Greg Cameron, CEO, said, “The opportunity here is you have an historic uranium district that was never systematically drilled and after decades it will finally get modern mining technology. It is clear from the moment you arrive you are in a uranium district with many old workings, adits, shafts and old infrastructure. I am excited to see work begin and believe there to be a clear path to add significant value for our shareholders.”
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