North Alice Extension
The North Alice Extension project is in the prolific uranium producing district of Lisbon Valley, the Lisbon Valley District produced over 85 million pounds of U3O8, averaging 0.4 percent U3O8. The Lisbon Valley Mining District is located in the Colorado Plateau region, 30 miles south of Moab, in San Juan County, Utah.
North Alice Extension is the extension of the North Alice Mine, operated by Homestake until the decline in the price of uranium in the 1980's. The project area covers approx. 300 acres which has been drilled extensively by Homestake historically.
VANE has completed its first round of drilling with encouraging results and now has plans and approval for a 75 drill hole programme to establish an NI 43-101 resource over the summer.
- 75 hole drill program- verify Homestake drill results
- 35 holes announced to date.