Corporate

TSX-V: UWE

Date: 9/3/2010
Last Trade: $0.29
Change: +0.015

Latest News

August 26, 2010

U3O8 Corp. confirms continuity of uranium, vanadium & phosphate mineralization over 3km in sandstones in the Berlin Project, Colombia

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July 14, 2010

U3O8 Corp. intersects 36.5 metres at 0.09% (1.8 pounds per short ton) U3O8 in a new target in the Kurupung Project, Guyana

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Resource Summary

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Growing resource portfolio in the next frontier 
for uranium exploration and development 

Aricheng Base Camp

Aricheng Base Camp, Guyana 

 

Strong market outlook. Safe nuclear energy is the only proven, affordable clean energy source that has the capacity to meet growing global demand for energy without contributing to greenhouse gas emissions and related global warming. Today, there are plans to build over 485 nuclear reactors for energy over the next 20 years according to the World Nuclear Association. The forecasted deficit in world uranium supply will be dependent on new discoveries and production to fulfill this rising demand for nuclear power.

Advanced uranium portfolio at various stages. U3O8 Corp. has one of the most advanced uranium portfolios in South America from compliant resources, significant historic resources to near-resource potential. We have strategic land holdings covering 1.3 million hectares of highly prospective ground including properties near Argentina’s largest known uranium deposits and in the mining-friendly jurisdictions of Guyana and Colombia.

Clear resource build-up strategy. Our exploration strategy aims to deliver both near-term prospects and longer-term potential across several prospective jurisdictions. We are pursuing projects with the potential to add to our current NI 43-101 resource base in the short-term while advancing key exploration plays.

Discovery-orientated, proven team. With extensive global exploration experience and a record for making mineral discoveries, our management and board have the expertise in South America, uranium exploration, resource development and financial markets, to execute our disciplined exploration strategy.  

Well funded. We are well capitalized to pursue our resource expansion and exploration plans. And we may consider selective acquisitions to expand our property portfolio and market position in South America.