petty cash thanks - *** Great *** RSDS *** NEWS *** -
Trophy Resources, Inc.
(PINKSHEETS: TRSI) announced today that they have completed
the due diligence and are proceeding with the acquisition
process of an initial block of 65 uranium claims.
This is the first phase of our uranium claim acquisition
program to acquire the maximum of 310 claims allowed
under federal guidelines.
The claims are located in the North Cottonwood area
of San Juan County, Utah.
Note -
They run in concert with and geographically complement
those owned or currently being acquired by
Trophy's JV partners: Russell Industries
(PINKSHEETS: RSDS)
and American Uranium Mining Company.
While the three companies are independently operated,
they have a JV agreement in place allowing for the best
use of over all resources in the development -
of these claims.
"This is a key step forward for the Mining Division
of our company.
We plan to have these initial 65 claims in house
in the next 30 days," said Eric Leonetti,
President and CEO of Trophy Resources.
"Our relationship with our Director, Rick Berman,
Russell Industries and American Uranium Mining Company,
is producing the opportunities that the company expected.
We believe that a long-term bond between
the three companies serves many aspects of our
individual plans.
This synergism will allow for the sharing of experience
and expertise, and will specifically offer a more
cost effective approach."
The companies have elected to engage two independent
geologists to issue (NI) 43-101 compliant reports to
establish economic valuation of the underlying assets.
They also plan to explore the possibility of oil,
natural gas, and coal bed methane on the group's
independent holdings in San Juan Basin, Utah.
app.quotemedia.com
Picture of high grade ore from
the Lisbon Valley, UT which is very close to
the cache mine claims -
that's very close to Mesa Mill -
All of the claims in relation to the white mesa mill:
siliconinvestor.com
We are looking forward to being able to validate the proven
and probable reserves of this claim area," said
Rick Berman, President and CEO of Russell Industries -
Rick should contact Mesa Mill next -
Mesa Mill looking for more ore -
and they have the experience to send the equipment out -
to do a bulk test shipment from the old mine workings? -
The permit was approved by the Division -
and Mesa Mill knows the rest how to go about to mine it etc.
Mesa Mill has a list of all available mine contractors -
in the area etc. its a piece of yellow-cake standard routine -
daily job for them at the mill office -
nothing to it really -
not a big deal for Mesa but can be real good for RSDS
of Oil, Gas and Mining for the State of Utah -
and allows for 33 holes -
one wet and 32 dry to be drilled -
The Company has applied for two other permits
and expects receive the second by August 13 -
The Company is reviewing proposals for the purchase
of drilling equipment -
Do anyone know about drilling machine for sale? -
"We are pleased with Bureau of Land Management's approval
of our permit.
We are looking forward to being able to validate the proven
and probable reserves of this claim area," said
Rick Berman, President and CEO of Russell Industries.
Who has a map for the Cache Mine Claims -
location? -
Russell Industries, Inc. -
(RSDS.PK) announces that it has received approval
for its Plan of Operations for uranium exploration
on its Cache Claims in San Juan County Utah -
siliconinvestor.com
God Bless |
