Canadian Company Pegasus Buys Uranium Stakes in Fall River County

An eager reader notices that yet another Canadian energy company is angling to exploit South Dakota’s natural resources.

Vancouver-based Pegasus Resources has bought 147 lode mining claims over 3,037 acres in Fall River County for $1.5 million in cash. Pegasus bought the claim from Cowboy Exploration and Development, which gets its mail in Laramie, Wyoming, but claims its principal office is in Pinellas Park, Florida . Cowboy E&D was just organized on March 11, after another Laramie business entity with the same name and Laramie P.O. Box (2498) was administratively dissolved by the Wyoming Secretary of State in 2017 after incurring six tax delinquency notices since 2007.

Pegasus refers to its Fall River acquisition as the Chord Uranium Property , a reference to the Chord Uranium Company, which had seven mines among the 43 active uranium mines held by various operators in Fall River County in 1960, and perhaps to local […]

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