Wave Uranium Records Claims in Gila County, Arizona
LAS VEGAS (Business Wire EON) December 17, 2007 -- The uranium deposits in the Dripping Spring Quartzite were first explored and mined in the 1950s. More recently, the district was explored by Wyoming Minerals Corporation, a division of Westinghouse. Wyoming Minerals Corporation acquired large property holdings in Gila County and explored the area extensively during the late 1970s. Westinghouse estimated the reserves for their Gila County holdings at nearly 4.5 million pounds of U3O8 probable, nearly 12 million pounds possible and more than 39 million pounds speculative.
The Gila County claims are key elements of Wave Uranium's integrated land acquisition strategy in Arizona. Wave Uranium's management expects to joint venture the Gila County Project with one or more partners. This strategy is designed to enable the Company to participate in more projects at lower costs and minimize dilution to its shareholders.
About Wave Uranium:
Wave Uranium is a Las Vegas, Nevada based exploration and development uranium company. The Company is actively acquiring world class uranium properties in prolific mining areas in North America.
Wave Uranium has assembled a team of geologists and directors with proven track records in areas of mineral exploration, mining programs and accessing global capital markets.
Safe Harbor: Except for the historical information contained herein, the matters set forth in this press release, including the description of the Company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the Company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the Company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. (OTCBB:WAVU) (the "Company") is pleased to announce it has recorded 153 claims on Federal lands in Gila County, Arizona. The Company believes that Gila County offers tremendous growth potential due to proven uranium deposits in the Dripping Spring Quartzite of Precambrian age.
The uranium deposits in the Dripping Spring Quartzite were first explored and mined in the 1950s. More recently, the district was explored by Wyoming Minerals Corporation, a division of Westinghouse. Wyoming Minerals Corporation acquired large property holdings in Gila County and explored the area extensively during the late 1970s. Westinghouse estimated the reserves for their Gila County holdings at nearly 4.5 million pounds of U3O8 probable, nearly 12 million pounds possible and more than 39 million pounds speculative.
The Gila County claims are key elements of Wave Uranium's integrated land acquisition strategy in Arizona. Wave Uranium's management expects to joint venture the Gila County Project with one or more partners. This strategy is designed to enable the Company to participate in more projects at lower costs and minimize dilution to its shareholders.
About Wave Uranium:
Wave Uranium is a Las Vegas, Nevada based exploration and development uranium company. The Company is actively acquiring world class uranium properties in prolific mining areas in North America.
Wave Uranium has assembled a team of geologists and directors with proven track records in areas of mineral exploration, mining programs and accessing global capital markets.
Safe Harbor: Except for the historical information contained herein, the matters set forth in this press release, including the description of the Company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the Company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the Company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.
Related Articles:
Online Golf Lessons Save Time And Can Be A Great Help
Online golf lessons have grown tremendously in popularity, for the simple reason that they address a problem faced by most golfers. The problem is that of finding the time away from their golf game to take golf lessons.
Invest In Real Estate - But Where?
Where should you invest in real estate? If you know an area well, and have enough experience investing in real estate, you can make money almost anywhere. However, there are always places that are better or worse for real estate investments - places that have a better demand/supply ratio.
Golf Clubs Reviews And Tips
Golf clubs: Reviews and tips is the central message of this article.Golf clubs: Reviews and tips #1: Try the TaylorMade r5 dual TP which is a new driver that is made with revolutionary technology.
Charms of Mortgage in California and Florida
Charms of mortgage in California and Florida are unlimited as both counts among the top choice for home in U.S. Most of the United States population loves to live in the cities known as California and Florida as richly blessed with all attraction that needs to turn a city into dream city. Among other attractions both city attracts individuals from all corners of the state because of location and economic value of real estate. Come and explore real mortgage benefits with assured returns in California and Florida. In coming lines want you to introduce why these two cities enjoys favoritism of most of the U.S population when comes to choose best living option in the state.
How to Become a Car Dealer in California
To become a licensed car dealer the State of California Department of Motor Vehicles requires a dealer applicant to take a six hour preparation class to become a licensed car dealer. There are 2 main types of dealers, retail or wholesale.
How To Tackle Florida Charter Fishing
Okay, so you've tried fishing in local streams, rivers and lakes, and you've even tried a few other prime fishing locations like Baja, Alaska and Canada. Now, try something totally different and head south. Fishing in Florida offers anglers of all ages and skill levels something to talk about, whether you're fresh water or salt water fishing.
Hello From Orlando - Central Florida's Wildlife: An Abundance Of Diversity
When you go to Florida, wildlife confronts you everywhere. Especially all the exotic birds fascinated me, often you come up close to subtropical bird species while playing golf or picnicking in a public park.
Vacation Villas in Orlando Florida - What are They?
What is a villa? Come to Orlando, Florida to find out!Among the many hotels and accommodations of Orlando, Davenport, and Kissimmee, Florida, there are vacation villas.What are vacation villas? Like a house with two to four rooms, your choice With a kitchen, cooking supplies all ready for you to use, and a grocery store a few minutes away Fully furnished with a pull-out sofa for that extra family member of friend coming to stay a few days With clean bathrooms, some even with a Jacuzzi tub to relax after a long day of sightseeing and touring around the city.
Hitting it Off for a Date with Fate: Knowing your Golf Clubs
With the way they move on television, an outsider would think that golfers need only their spines and arms to make a hole in one. In the world of golf, however, all the world can conspire against a golfer's success: the ball can be uneven, the wind can suddenly blow in a different direction, and the golfer's swing can falter at the last minute. Every last detail matters in golf, from the design of the golf ball to the weight of the golf clubs - in fact, there are so many ways that a game can go wrong, so that golfers have become artists in the field of making fate work in their favor.
The Job Of A Public Insurance Adjuster In Florida. Fighting For A Policyholder's Property Insurance Claim.
Many people have never used a Public Adjuster in Florida, nor do they even know what an Adjuster does. The second a home or business owner finds out what and Insurance Adjuster does, they are almost always pleasantly surprised.