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