Reno Creek Uranium Project
Status: Near surface uranium project at the permitting/feasibility stage In April 2010, PRRF provided financing for the acquisition of the Reno Creek Uranium Property from its existing joint-venture partners, Strathmore Minerals and American Uranium. Reno Creek was acquired by a newly created private company which is jointly owned by PRRF (72%) and TSX-Venture listed Bayswater Uranium Corporation (28%).
- Hosts 15.6 million pounds of U3O8 of NI 43-101 compliant resources amenable to recovery by In-Situ Recovery
- Bayswater Uranium Corporation has the right to increase its holding to 50% by contributing further funding
- Bayswater Uranium Corporation plans to bring the Reno Creek Property into production in five years
Link to Bayswater Uranium website