The DEIS for the
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Today's announcement recognizes that Cibola National Forest and National Grasslands of the USFS is in receipt of the La Jara Mesa Mine Plan of Operations, developed by Laramide, which proposes to build and operate an underground mine on their unpatented mining claims on La Jara Mesa in the
A copy of the DEIS can be found at Laramide's website (www.laramide.com) or through the following link: https://laramide.com/projects/la-jara-mesa-uranium-project/
La Jara Mesa Overview
The La Jara Mesa project is in the prolific Grants Mineral Belt, ten miles northeast of the town of
La Jara Mesa is a sandstone hosted, roll- front style deposit. Laramide's NI 43-101 compliant mineral resource estimate2 for La Jara reports 7,257,817 pounds of uranium (U3O8) in the Measured and Indicated classifications, contained in 1,555,899 tons at an average grade of 0.23% U3O8. In addition, there are 3,172,653 pounds of U3O8 in the Inferred mineral resource classification, contained in 793,161 tons at an average grade of 0.20% U3O8 on the property.
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Qualified Person
The technical information presented in this news release has been reviewed and approved by Rhys Davies (M.Geol, MSc, MAIG, RPGeo, FGS) who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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Laramide is focused on exploring and developing high-quality uranium assets in
The
In
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Actual results or developments may differ materially from those in forward-looking statements. Laramide disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.
Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, exploration and production for uranium; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of resource estimates; health, safety and environmental risks; worldwide demand for uranium; uranium price and other commodity price and exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of acquisitions; ability to access sufficient capital from internal and external sources; and changes in legislation, including but not limited to tax laws, royalties and environmental regulations.
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