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Laramide Resources
Laramide Resources has made a strong footprint in Australia, just about all moving forward with it's New Mexico uranium property. The company's La Jara Mesa deposit is located about 12 miles outside Grants, within the San Mateo Mountain tops, near Mt. Taylor. Homestake had previously operated a mill in the district. Work was first commenced inside La Jara Mesa area inside 1950s. Homestake drilled 86 cry between 1967 and 1971 and abandoned the property after several high grade intersections. After the property changed hands in the 1970s and 1980s, some sort of discovery hole was drilled in 1980. Power Resources (now a Cameco Corp subsidiary) drilled more than 500 holes. Homestake again re-entered this project in 1983 together with completed metallurgical tests to the drill core. Homestake also completed a mining plan and feasibility study to the Dena Rich deposit, but stopped all work following your uranium price crashed.
Within a conversation with Laramide Resources Leader Marc Henderson, he told us, "The La Jara Mesa property is a key piece of your puzzle, " referring on the Ambrosia Lake district. "It gets the easiest production scenario and the easiest access, " Henderson said. The company's website reports the project carries a resource of approximately 7 thousand thousand pounds of U308 (not compliant with National Guitar 43-101). The Oughout. S. Forest Service is now awaiting public comments to the proposal by Laramide to drill ten test rips, about 600 feet heavy, to confirm exploration findings in the 1980s.
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