Market Cap: $11m
The company has three projects within a historic high-grade uranium-vanadium mining district in Colorado, known as the Uravan mineral belt, which has produced +85 million pounds of uranium oxide and 660 million pounds of vanadium over the past 100 years.THR just raised $1m via a placement at $0.042c per share to kick off a 4,000m RC drilling program at the Radium Mountain/Wedding Bell project in Colorado, followed by a maiden drilling campaign at Vanadium King project in Utah.
The drilling is expected to commence later this month.
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Above excerpt from *s t o c k h e a d article 22/09
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