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URZ3 Energy Corp URZ


Primary Symbol: 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
Post by woolcoon Nov 28, 2010 2:45pm
532 Views
Post# 17768119

This article on URZ says it all

This article on URZ says it allUSA based
Permitted
USA required for safety etc
USA investors

Mine production is now primarily supplemented by ex-military material

As a general rule, the most successful man in life is the man who has the best information

Energy Independence

Today, there are some 441 nuclear power reactors operating in 30 countries and nuclear energy provides approximately 15% of the world’s electricity. These 441 reactors, with combined capacity of over 376 Gigawatts (One GWe equals one billion watts or one thousand megawatts), require 69,000 tonnes of uranium oxide (U3O8).

According to the World Nuclear Association, about 58 power reactors are currently being constructed in 14 countries.

In all there are over 148 power reactors planned and 331 more proposed. Each GWe of increased capacity will require about 195 tU per year of extra mine production – three times this for the first fuel load. Let's also consider the fact that no one builds a $4 to $6-billion dollar reactor just to watch it go idle. They will order one or perhaps several years worth of fuel supply to guarantee it doesn’t.

In 2008, mines supplied 51,600 tonnes of uranium oxide concentrate containing 43,853 tU, which means mining supplied roughly 75% of nuclear utility power requirements.

The remaining supply deficit used to be made up from stockpiled uranium held by nuclear power utilities, but their stockpiles are pretty much depleted.

Mine production is now primarily supplemented by ex-military material - the Megatons to Megawatts program which ends in 2013 - the Russians have stated that the agreement will not be renewed.

The approximately 104 nuclear power plants operating in the USA today consume about 51 million pounds of uranium fuel per year but the U.S.’s current annual production is only about 4 million pounds per year.

Read more…

As is the current situation with oil, the USA is highly reliant on foreign sources for its uranium


Uranerz Energy Corp. (TSX: T.URZ, Stock Forum) and (AMEX: URZ, Stock Forum) has an experienced team of mining personnel, many of whom are former officers, senior management and employees of the original Uranerz Exploration and Mining Limited and related companies.

URZ’s advisory board consists entirely of ex-Uranerz Group professionals.The Uranerz Group was the world's third largest uranium producer when it was acquired in 1998 by Cameco Corp. (TSX: T.CCO, Stock Forum), the world's largest primary uranium producer at the time.

Bullboard Posts