Ann: Exploration Recommences at REX Uranium Project, page-41

I quite liked reading the following paragraph taken from a stock head article posted this morning titled ... 'Delecta has started exploring for uranium at its Colorado project again'

"REX consists of 256 contiguous BLM mining claims covering 2,072ha with four historical uranium mines within the project area that are readily accessible via surfaced and county-maintained gravel roads from either Moab or Monticello.It is within trucking distance of the White Mesa Mill, the only operating conventional uranium-vanadium mill in the US that has 90% spare capacity available to toll-treat mined ore."

When it comes time for production, the project area infrastructure is established with roads to support transportation and is close to the White Mesa Mill - this is definitely a win if we strike high-grade uranium. Here's hoping...

And while we may be in the red at present, fear not - there will be plenty of news flow leading up to and during the drilling phase. I see this as an excellent buying opportunity and have topped-up myself.