BLR 0.00% 0.2¢ black range minerals limited

This is the type of agreement we shld be seeing. PDN bond issue. Tier 1 U308., page-69

  1. buc
    8,104 Posts.
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    CAIT11, why did you invest in BLR?


    Tenements:

    - Keota Uranium Project - 100%

    - Fifield JV - 100% nickel and cobalt rights. JV partner (Rimfire Pacific Mining NL) is the operator

    - Jonesvill Coal - 100%

    - Taylor Ranch Uranium - 100%

    - Boyer Ranch Uranium - 100%

    - 2 State Sections (Sec. 16 UR3324 State Lease), (Sec 36.UR3322 State Lease) - 100%

    - 197 US Federal Claims, 100%

    - Hansen - BLR owns 24.5% of the Hansen Deposit with two options to acquire the remaining 75.5% of the mineral rights

     - 100% interest in a 25-year license under which Black Range can develop, market and utilise Ablation worldwide, for use at both its own projects as well as for projects owned by other parties 

    - 100% ownership of all of the existing Ablation equipment, including the pilot-scale plant and the 5tph Ablation Unit 

    - a 25-year license to all Ablation intellectual property and patented technology, together with copies of all engineering designs and drawings  the right to continue to improve and commercialise Ablation and retain ownership of any improvements to the Ablation technology it develops

    - The substantial benefits of this revised arrangement include:  Black Range will now have autonomy over the development and commercialisation of the technology, without the operational constraints and additional costs imposed by a JV arrangement  Black Range will receive

    100% of revenues from all projects to which it deploys Ablation units  the revised arrangement should significantly reduce the capital and operating costs at its own projects, including the Hansen/Taylor Ranch Uranium Project that hosts mineral resources of 90.4 million lbs of U3O
 
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