Centennial Mine
- Historic production of +1M lbs U3O8, +10M lbs V2O5 by Minerals Recovery Corp., Brookes Minerals, and B Mining Co.
- Geology: fluvial deposits of the Jurassic Salt Wash Member of the Morrison Formation
- Mine was last active in 1999
- Existing infrastructure is in excellent condition
- State mining permit is in place
- FAST & low cost start-up w/ cap-ex of $900k to start production
- MRC Resource Estimates: 61,764 tons, 0.17% U3O8, 1.10% V2O5, 209,997 lbs U3O8, 1,358,808 lbs V2O5
- Active headings, long-holes, stope perimeters
- Excellent growth potential surrounding the newly discovered Centennial II ore body
- Located on 42 mine claims (840 acres) on public land in Colorado