NewswireToday - /newswire/ -
Sarasota, FL, United States, 2007/04/13 - Until the previous uranium cycle ended in the 1980s, Juniper Ridge had reportedly been the site of 12 small open-pit uranium mines. Many in the industry had called it the ‘best uranium discovery in southern Wyoming.’.
Yellowcake Mining director Dr. Robert Rich told StockInterview, “I think it (Juniper Ridge) has potential to become a medium-size producer – maybe a couple million pounds a year. The mineralization is not all that deep.”
According to those familiar with the property in southern Wyoming, called Juniper Ridge, it is a near surface deposit with uranium mineralization starting at the surface and running a few hundred feet to depth. The property was discovered by picking up rocks at surface with a Geiger counter. Until the previous uranium cycle ended in the 1980s, Juniper Ridge had reportedly been the site of 12 small open-pit uranium mines. Many in the industry had called it the ‘best uranium discovery in southern Wyoming.’
“I had looked at Juniper Ridge in the late 1970s and early 1980s when it was owned by Urangesellschaft (UG), a German company,” Dr. Rich told StockInterview. “At the time there were still fresh open cuts from previous open pit mining there. There was a bit of uranium produced during the last market cycle of uranium, but I was impressed with the potential for it to become a much bigger operation.”
Stockinterview.com is an online news service, which provides investigative reporting, editorial, analysis and provocative commentary of the nuclear fuel cycle, uranium mining, nuclear power, energy and the environment, biotechnology research and the natural resource industry. StockInterview.com is now the most popular website for uranium mining stocks as a result of its best-selling publication, “Investing in the Great Uranium Bull Market: A Practical Investor’s Guide to Uranium Stocks.”
The 304-page trade softcover edition of “Investing in the Great Uranium Bull Market,” is now available online by visiting: bookstore.stockinterview.com or by visiting amazon.com. The publication is now offered in U.S. bookstores. Please check with your local bookseller for availability.