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URZ3 Energy Corp V.URZ

Alternate Symbol(s):  NVDEF

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.'s Cortez complex, within the specific region of north-central Nevada. The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The Company controls a large strategic land position in the central Powder River Basin of Wyoming and operates the Nichols Ranch ISR uranium project.


TSXV:URZ - Post by User

Bullboard Posts
Comment by 1ravenon Apr 21, 2007 12:51pm
71 Views
Post# 12651870

RE: Seems there is no interest

RE: Seems there is no interestThis company has held up quite well considering there has been no recent news releases. The advantage that they have over other juniors is their new groundwater exploration technology, where they take chemical samples from the water in the valleys and send it to a lab. This is a fancier way of finding where the best spots are to drill, but it is also alot cheaper than traditional methods with cost cuts of up to 80%. I think that there is alot of behind the scenes talks going on to aquire the other properties that their sample program has uncovered. They have taken over 2,500 samples over the last 2 years and have found 20 highly prospective targets. They currently own the mineral rights on only 2 properties - Hot Pot and Fletcher Junction. Another plus is over half of the company is owned by insiders. Nevada Exploration has good management and there is some smart money involved in this one. For more detailed information go to sedar and check out the company documents Patience will be needed if one is to make money on this one.
Bullboard Posts