- High Plains Uranium
High Plains Uranium, Inc. is a
uranium company based inCheyenne ,Wyoming , and was founded in April 2004. It closed itsinitial public offering in December 2005 and is currently traded on theToronto Stock Exchange . High Plains acquired and controls mineral rights of more than 45,000 acres (180 km²) ofuranium properties inWyoming and more than 6,000 acres (24 km²) inTexas .2005 to present
In 2005 the company raised $11.7 million and acquired interests in the Allemand-Ross Project in
Wyoming and the Swinney Switch Project inTexas among others.High Plains intends to employ in-situ leach mining technology to produce its
uranium . In-situ mining, or “solution mining,” recovers uranium from underground bodies without disrupting the character of the rock strata or land surface. The mining technique is designed to make other land uses, such as agriculture, also possible.The company was acquired by Energy Metals Corporation effective January 12, 2007, and delisted from the
Toronto Stock Exchange .Major projects
Allemand-Ross Project: The project is centered at the Powder River Basin of
Wyoming . The area was previously explored byConoco in the 1970’s and 1980’s.High Plains announced the completion of a test program at the site in January 2006. The program provided the company with information of the area’s uranium content and amenability to mining by in-situ leaching.
Swinney Switch Project: The project is spread between Live Oak County and Bee County,
Texas . The area was explored byTexas Oil and Gas in the late 1970’s. About 1.2 million pounds of in-situuranium is present at the site.Management:
Chairman: Bobby Cooper, CEO: Thomas Parker, CFO:
John P. Ryan HPUR: www.hpur.com
ee also
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List of uranium mines
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