Uranium American Resources Inc. (UARI)
OTC PINK OTC PINK Primary Summary
Uranium American Resources signs waste treatment deal for Stateline project
Uranium American Resources Inc. (OTC:UARI) will receive a revenue share on uranium and other minerals recovered from abandoned mine waste at its Stateline Project under a new agreement with DISA Uranium Corporation and State Line Mineral Ventures. The Waste Treatment and Use Agreement gives DISA Uranium the right to access the property and treat the waste using its patented, proprietary high-pressure slurry ablation (HPSA) technology, according to a statement from Uranium American Resources.
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Uranium American Resources Inc. Profile
| Metals & Mining Industry | Materials Sector | William John Hunter CEO | OTC PINK Exchange | 890308208 CUSIP |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Uranium American Resources Inc. is a company focused on the mining and exploration of valuable minerals, specifically targeting uranium and vanadium deposits. The firm boasts complete ownership of significant mining projects, including the Marysvale Project located in Utah, the SKY Project in Wyoming, and the Stateline Project situated in Colorado. Originally named Tonogold Resources, Inc., the company rebranded to Uranium American Resources Inc. in July 2004. The headquarters of Uranium American Resources Inc. is located in Woodland Hills, California, positioning it strategically to oversee its diverse mining operations across various states.
Products and Services
- Uranium Exploration
The company's primary focus is on the exploration and extraction of uranium, a crucial element used in nuclear power generation. Uranium American Resources Inc. identifies and evaluates uranium deposits to ensure sustainable mining practices and compliance with regulatory standards.
- Vanadium Exploration
In addition to uranium, the company explores vanadium deposits, which are essential for steel production and battery technologies. The exploration efforts aim to uncover viable vanadium sources that can contribute to the growing demand in renewable energy markets.
- Marysvale Project
Located in Utah, the Marysvale Project is a significant asset for Uranium American Resources, featuring advanced exploration activities aimed at uncovering uranium and vanadium resources.
- SKY Project
The SKY Project in Wyoming is another key initiative, focusing on the evaluation and potentially the development of uranium deposits, leveraging the state’s favorable mining regulations.
- Stateline Project
The Stateline Project in Colorado represents more exploration ventures through which the company seeks to develop its uranium and vanadium resources, enhancing their portfolio and increasing their market position.
Contact Information
