When it comes to mineral exploration, including uranium, the difference between success and failure is knowing where to drill. Typically, uranium exploration companies must rely on the analysis of surface geology to generate what amounts to educated guesses on where uranium might be found. This is then followed up by expensive tests and drilling to see if their hunches were right. All too often, the guess is wrong, resulting in deposits not economical enough to mine. It’s a costly game, but the alternative is to pay high prices for properties that have already been proven. The ideal solution is to have privileged access to drilling and testing data that can point you to the most promising areas; information which others don’t have.
Uranium Energy Corp. is in exactly that enviable position, with access to decades of historical uranium exploration data covering large parts of Texas, Wyoming, New Mexico, Arizona, and 13 other U.S. states. These databases come from the past records of senior energy companies, such as Kerr-McGee, and represent millions of dollars worth of past exploration. Although some original companies may no longer be operating, this vast amount of exploration information is now exceedingly important as the value of uranium increases with the worldwide move toward nuclear power. UEC’s technical personnel, many of whom have spent their entire careers as uranium geologists and engineers, have been able to carefully analyze this information, leading to the successful identification and acquisition of some of the most promising sites in the country.
Below is a summary of the valuable databases that UEC currently owns rights to:
• Kerr- McGee Database – 40 years of data, covering the U.S., Canada, Australia
• Continental Oil Database – 10 years of data, covering Texas
• Mobil Oil Database – 20 years of data, covering Texas
• Moore Energy Database – 20 years of data, covering Texas
• Knupke Database – 10 years of data, covering Texas
• Nueces Mineral Co. Database – 10 years of data, covering Texas
• Robert Odell Database – 50 years of data, covering Wyoming
• NAMMCO Database – 15 years of data, covering Wyoming
• Jebsen Database – 20 years of data, covering Wyoming
• Jebsen II Database – 20 years of data, covering 3 states
• Oklahoma Public Services Database – 10 years of data, covering Arizona
• Brenniman Database – 9 years of data, covering 15 states
• Halterman Database – various historical data, covering 5 states
For more information, visit the company website at www.UraniumEnergy.com
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