Selasa, 11 Juni 2013

.....Uranium Exploration in the Great Divide Basin of Wyoming...??? >>> Almost 50 square miles of potential uranium rich claims in USA Large land package in proven uranium district of Wyoming Project is strategically located in prolific uranium district near Rio Tinto’s Sweetwater Mill and Energy Fuels’ Sheep Mountain, and adjacent to UR Energy’s Lost Creek property Management team lead by a professional geologist registered in Wyoming who has a 25-year career encompassing mining operations, mineral exploration, executive and project management positions for precious, base metals, and uranium projects..>>> The Cyclone Uranium Project is located in the mining-friendly state of Wyoming in the Great Divide Basin, approximately 50 miles northwest of Rawlins, covering more than 30,000 acres of mineral claims and leases. The project is divided into two main areas: the West Divide uranium trend and the New Fork uranium trend. The site is accessible by several roads and regional electrical power and natural gas line cross portions of the project area. The Cyclone Uranium Project neighbors are the Sweetwater Mill, Rio Tinto’s past producing mine and mill processing facility; the JAB and Antelope projects for which Uranium One has submitted mine permits; Crooks Gap, for which Energy Fuels is permitting a heap leach operation; and Ur-Energy’s Lost Creek which is expected to begin production in 2013...>> The Company, through its subsidiary, Tournigan USA Inc. (TUSA), Controls 18,100 acres in Wyoming, South Dakota and Arizona. The mineral holdings in TUSA are consisted of 907 federal lode claims. As of January 31, 2012, all the claims and leases are 100% controlled in TUSA. As of January 31, 2012, the Company held 65% interest in Minera Montoro S.A. de C.V., which in turn acquired a 100% interest in mining concessions located in the state of Michoacan, Mexico, designated as the La Balsa property. On March 14, 2012, the Company acquired New Fork Uranium Corporation...>>>



Cyclone Uranium Corporation – Uranium Exploration in the Great Divide Basin of Wyoming

http://uraniuminvestingnews.com/14770/cyclone-uranium-mining-wyoming.html

Cyclone Uranium Corporation

OVERVIEW

Cyclone Uranium Corporation (OTCMKTS:CYUR) is a junior uranium exploration company with a portfolio of properties in South Dakota, Arizona and Wyoming. The Company is focused on advancing its wholly-owned Cyclone Uranium Project located in the Great Divide Basin of south-central Wyoming, covering more than 30,000 acres of mineral claims and leases. The project neighbors are the Sweetwater Mill, Rio Tinto’s past producing mine and mill processing facility; the JAB and Antelope projects for which Uranium One has submitted mine permits; Crooks Gap, for which Energy Fuels is permitting a heap leach operation; and UR-Energy’s Lost Creek which is expected to begin production in 2013. Cyclone Uranium Corp is managed by an accomplished team of mining, business and financial professionals.

INVESTMENT HIGHLIGHTS

  • Almost 50 square miles of potential uranium rich claims in USA
  • Large land package in proven uranium district of Wyoming
  • Project is strategically located in prolific uranium district near Rio Tinto’s Sweetwater Mill and Energy Fuels’ Sheep Mountain, and adjacent to UR Energy’s Lost Creek property
  • Management team lead by a professional geologist registered in Wyoming who has a 25-year career encompassing mining operations, mineral exploration, executive and project management positions for precious, base metals, and uranium projects

KEY PROPERTY

Cyclone Uranium Project — Great Divide Basin, Wyoming, USA

Cyclone-Uranium-Properties-Map
The Cyclone Uranium Project is located in the mining-friendly state of Wyoming in the Great Divide Basin, approximately 50 miles northwest of Rawlins, covering more than 30,000 acres of mineral claims and leases. The project is divided into two main areas: the West Divide uranium trend and the New Fork uranium trend. The site is accessible by several roads and regional electrical power and natural gas line cross portions of the project area.
The Cyclone Uranium Project neighbors are the Sweetwater Mill, Rio Tinto’s past producing mine and mill processing facility; the JAB and Antelope projects for which Uranium One has submitted mine permits; Crooks Gap, for which Energy Fuels is permitting a heap leach operation; and Ur-Energy’s Lost Creek which is expected to begin production in 2013.
The Company has access to Wyoming Geological Survey drill maps with drill hole locations, drill depths and mineralized intercept data from drilling conducted in the New Fork area by Kerr-McGee Resources Group during the late 1970s and early 1980s. More recent drill data comes from exploration work conducted on the West Divide area by Tournigan Energy in 2007 with mineralized intercepts encountered on many of the 88 holes drilled.
Cyclone’s management believes the uranium mineralization found within and in the vicinity of the project is typical of the Wyoming roll-type uranium deposits. Roll Front mineralization is common to the state’s uranium districts including the Powder River Basin, Gas Hills, Shirley Basin, Great Divide Basin, and others, as well as districts in South Texas and portions of the Grants, New Mexico District.
To further evaluate management’s belief that the property may host substantial economic uranium resources, the Company is planning a surface geochemical survey program on the New Fork ground in 2013.
Cyclone-Uranium-Wyoming

SUMMARY

Cyclone Uranium Corp is a junior uranium exploration company focused on advancing its wholly-owned Cyclone Uranium Project located in the Great Divide Basin of south-central Wyoming. The project encompasses the New Fork and West Divide areas. The project neighbors several significant uranium properties in the area including Rio Tinto’s past-producing Sweetwater project and Ur-Energy’s Lost Creek project expected to commence production in 2013.

Based on the historical drilling of Kerr-McGee and the work completed by Tournigan Energy in 2007, management believes the project may host substantial economic uranium resources. Cyclone Uranium’s accomplished team of mining professionals plans to further evaluate the property’s potential by conducting a surface geochemical survey program on the New Fork ground in 2013.

MANAGEMENT

James G. Baughman — President, Chief Executive Officer, and Chairman
Mr. Baughman has worked as a geologist for more than 25 years in mining operations and mineral exploration projects for precious, base metals and uranium, and in 2010 founded and was President of New Fork Uranium Corp. Mr. Baughman has provided technical services and project management for a number of major and junior mining companies. From 2004 to 2006, Mr. Baughman was the co-founder, President and Chief Executive Officer of High Plains Uranium Corp, where he managed a successful initial public offering on the TSX. In 1983, Mr. Baughman received a Bachelor of Science degree in Geology from the University of Wyoming, Laramie. He is a registered professional geologist in the State of Wyoming.

James M. Seed — Director
For 30 years, Mr. Seed has served as Chairman, President, and Owner of privately-owned land development companies, The Astra Ventures Inc. and The Astra Projects Inc. He joined Fischer-Watt (now Cyclone Uranium) as a Director in 1996. In the 1980s, he was President and Owner of Buffinton Box Company, Commissioner and a Trustee of the Galaxy Funds (a multi-billion dollar family of funds), and a Trustee of Brown University. In the 1970s, he was with Fleet Financial Group, serving two years as Corporate Treasurer. He is a graduate of Brown University and also holds an MBA from Stanford University.

William J. Rapaglia — Director
Mr. Rapaglia has more than twenty years’ experience in real estate, acquisitions, constructions and development. Since 1995, Mr. Rapaglia has been involved with the management, direction, growth and development of both private and public companies. He currently serves as CEO and Chairman of a privately-held defense contracting company. He has been involved in the mining industry since 1997 and joined Fischer-Watt (now Cyclone Uranium) as a Director in 2003.

Gregory L. Schifrin — Director
Mr. Schifrin has worked as a geologist and manager for 29 years in the mining and mineral exploration industry where he has been involved in precious, base metals, rare earth and uranium exploration and development. He has provided technical services and project management for major and junior mining companies. Mr. Schifrin received a Bachelor of Science degree in Geology from the University of Idaho, Moscow in 1983. He is a registered professional geologist in the State of Washington.

Profile: Cyclone Uranium Corp (CYUR.PK)


CYUR.PK on OTC Markets Group

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Cyclone Uranium Corp, formerly Fischer-Watt Gold Company Inc, is engaged in the mining and mineral exploration. The company owns, acquires, improves, sells, leases, conveys lands or mineral claims or any right, title or interest therein; and to search, explore, prospect or drill for and exploit ores and minerals therein or thereupon. The Company, through its subsidiary, Tournigan USA Inc. (TUSA), Controls 18,100 acres in Wyoming, South Dakota and Arizona. The mineral holdings in TUSA are consisted of 907 federal lode claims. As of January 31, 2012, all the claims and leases are 100% controlled in TUSA. As of January 31, 2012, the Company held 65% interest in Minera Montoro S.A. de C.V., which in turn acquired a 100% interest in mining concessions located in the state of Michoacan, Mexico, designated as the La Balsa property. On March 14, 2012, the Company acquired New Fork Uranium Corporation.

The Company’s Wyoming properties consisted of 825 federal claims covering 16,500 acres and three state leases covering 879 acres distributed in five areas of prospective uranium bearing geology. The Company’s exploration area in TUSA is in the Cyclone Rim covered 14,200 acres. The claims are located in the northwestern portion of the Great Divide Basin and are located in Township 26 North, Range 96 West and Township 25 North, Range 94 through 96 West. The property extends for 28 miles astride the CR Trend roll-front. The Company’s 36 claims and two leases covering about 800 acres at South Pass are located along the southeast flank of the Wind River Mountains in the Green River Basin. 

The Shirley Basin uranium district is located in the northeastern part of Carbon County, between Casper and Medicine Bow. TUSA holds claims at the southern end of the Middle Shirley Basin Trend in an area of reported uranium mineralization. The MSB block of 21 claims cover an area of approximately 400 acres. In South Dakota, TUSA holds three claim blocks totaling 51 claims over 1,000 acres in an area approximately eight miles north of the town of Edgemont in the southern Black Hills district. The Chord property consists of more than 40 small open pits, as well as a few underground operations. TUSA holds 31 federal lode claims on approximately 600 acres in Mohave County, northern Arizona, in the area known as the Arizona Strip immediately south of the Utah border.

The Company’s New Fork Uranium corp. held a further 521 claims adjacent to Cyclone Rim. The claims are located in Sweetwater County, Wyoming. The New Fork Uranium corp. consists of RCR Claims, which includes sixteen unpatented claims covering an area of approximately 320 acres; BSD Claims, which includes two unpatented claims covering an area of approximately 840 acres; Juliet Claims, which includes eighteen unpatented claims covering an area of approximately 360 acres; CS Claims, which includes thirty unpatented claims covering an area of approximately 600 acres; EGL Claims, which includes twenty three unpatented claims covering an area of approximately 460 acres; HS Claims, which includes fourteen unpatented claims covering an area of approximately 280 acres; WO Claims, which includes sixteen unpatented claims covering an area of approximately 320 acres. The Company also held GB Claims, PSR Claims, OD2 Claims and OSB Claims in this area.


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