TORONTO, July 26, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to outline targets as part of its exploration growth plans at the Company’s flagship Cebolleta Project (“ Cebolleta ” or the “ Project ”) located in the Grants Mineral Belt in New Mexico.
Uranium mineralization at PUR’s Cebolleta project are the northern extension of the Jackpile-Paguate trend of uranium deposits, which is one of the largest sandstone-hosted uranium endowments in the world. 1 ,2 Collectively, the mines of the Laguna mining district produced more than 100 million pounds of U 3 O 8 from the Jackpile-Paguate trend during the period from 1951 to 1983, as documented by geologists of the New Mexico Bureau of Geology and Mineral Resources and the US Department of Energy. 2 The northern continuation of the Jackpile-Paguate trend of uranium deposits onto […]
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