Sage Plain
Snapshot
| Location: | Utah, United States (Slick Rock, Colorado Plateau) |
| Ownership: | 100% Consolidated Uranium Inc. |
| Deposit Type: | Tabular sandstone-hosted |
| Primary Minerals: | Uranium, Vanadium |
| Stage: | Past-producing |
| Proximity to White Mesa Mill: | 54 mi (87 km) |
Mineral Resources:
|
Category |
Tonnes (m) |
U3O8 Grade (ppm) |
Contained U3O8 (m lbs) |
V2O5 Grade (ppm) |
Contained V2O5 (m lbs) |
|---|---|---|---|---|---|
|
Indicated |
0.3 |
1600 |
0.8 |
12900 |
6.5 |
|
Inferred |
0.0 |
1300 |
0.0 |
9400 |
0.2 |
¹ This table reflects historical mineral resource estimates considered to be a “historical estimate” under NI 43-101 and is not considered by the Company to be current.
Overview
The Sage Plain property in located in the Slick Rock District 15 miles northeast of Monticello, Utah and 54 road miles from the White Mesa Mill. The property consists of two fee mineral leases covering about 960 acres (Calliham and Crain) and a Utah State lease of 640 acres. It also consists of a high vanadium-to-uranium ratio.
The Calliham mine property was explored in the early 1970s by Hecla Mining Company. The lease was acquired by Atlas and the mine was brought into production in 1976. It operated again briefly in 1990-1991. All infrastructure from the historic mine has been removed and all permits have lapsed however, the underground workings remain relatively intact and the declines could be reestablished for quick re-entry.
Historic Production - Calliham Mine
| Operator | Tons (000s) | %U3O8 | lbs U3O8 (000s) | %V2O5 | lbs V2O5 (000s) |
|---|---|---|---|---|---|
| Atlas | 209 | 0.15 | 605 | .090 | 3,773 |
| Umetco | 13 | 0.21 | 56 | 1.29 | 343 |
| Total | 221 | 0.15 | 661 | 0.93 | 4,116 |