Moab Minerals – ASX: MOM (formerly Delecta Limited – ASX: DLC) is an Australian company that is in the business of mining exploration and evaluation.
REX Uranium-Vanadium Project
The company announced on June 24th, 2020 that it had acquired 60% of the shares in Sunrise Minerals Inc. Sunrise Minerals Inc is a Colorado based company that holds the REX Uranium-Vanadium Project.
The project consists of 256 contiguous BLM claims covering 2,072ha. Uranium mineralization is confirmed at the project site, with four historic uranium mines within the area. The claims are readily accessible via surfaced and county-maintained gravel roads from either Moab or Monticello.
The REX Uranium-Vanadium Project has a lot of potential. The site has uranium mineralization confirmed and there are four historic uranium mines located on the property.
The project is also easily accessible via roads maintained by the county. This could make it easy to get to and develop.
The REX uranium-vanadium claims have extremely encouraging assay values, with uranium grades up to 5,280ppm and vanadium grades up to 13,600ppm.
The average grade of the 12/17 samples was 2,246ppm uranium (0.22%) and 1,950ppm vanadium (0.195%), with a peak value of 5,280ppm uranium (0.53%) and 13,600ppm vanadium (1.36%) recorded.
The historical grades from the Uravan Mineral Belt average 0.24% uranium and 1.25% vanadium, so these results suggest that the REX claims could be highly prospective for uranium and vanadium mineralization.
The project is located within trucking distance of the White Mesa mill, which is the only operating conventional uranium-vanadium mill in the US and has 90% spare capacity available to toll treat mined ore.
Speedway Gold Project
Located only 40km’s southeast of the Long Canyon Gold Mine, the Speedway Project is highly prospective for gold. The Company is targeting gold mineralization in similar stratigraphy to Long Canyon.
The discovery of a significant gold deposit so far east of the Carlin trend has raised awareness of the potential of far western Utah to host similar gold deposits as the Carlin Trend and Long Canyon.
The mineral exploration company completed a due diligence sampling process at the site, and the results confirmed the existence of multiple mineralised outcrops with strongly anomalous gold values associated with brecciated and altered limestone rocks.
The acquisition includes a historical database of over 800 rock chip samples from the site, with very limited follow-up testing of identified gold rock chip anomalies. The sample results show strongly anomalous gold values over a 2.5km strike.
Further exploration work consisting of mapping and significant soil sampling will commence shortly at the site, in order to develop drill targets to be tested in Q2 2021.
Building 41, 9-45 Ashley Street
Braybrook, Victoria, Australia 3019
Phone: +61 8 9389 8033
Email: [email protected]
Moab Minerals Stock Performance & Market Cap
Stock Symbols – ASX: MOM
The financial, as well as the technical charting and analysis tools below, will help you to view and analyze key data including:
- Trading Volume Data (52 week range)
- Market Cap Data
- Dividend Current
- Dividend Historic
- Dividend Yield
- Ex Dividend Date
- Sales Data
- Revenue Data
- Investment News
- Recent News
- Shares Price to Earnings Ratio
- P E Ratio
- Basic Earnings Per Shares
- Total Number of Shares (Stocks) Outstanding
- Average Days Trading Volume (52 week range)
- EPS (Earnings Per Share)
- Technical Indicators
- Accumulation / Distribution
- Historical Data
- Income Statement
- Balance Sheet
- Cash Flow
- Stock Performance – 1 Week, 1 Month, 3 Mo, 6 Mo, YTD, 1 Year
- Technical Buy / Sell Tool
- Stock Data (Near real time price)
- Market Cap
- Short Interest
- More media, news, stock quotes, expected dividends and partners
- CEO and Leadership
- 52 Week Low – Stocks Price
- 52 Week High – Stocks Price
- Day Range – Stocks Price
- P/E Ratio
- Current Price Per Ordanary Shares (market delayed / not real time)
- Last Sale
- Price to Earnings Ratio
- Historical Stock / Volume / Market / Price / Dividend Data
- Short Interest
- Chief Executive Officer
- And a motley fool more!
- Interactive chart and market data powered by TradingView
While considering this individual company, also take a look at these other uranium stocks to include in your portfolio.
The Moab Minerals group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!
Discuss the company in more detail and dive deeper into organized conversations in the Moab Minerals forum.
Previous Uranium Stock -> Mega Uranium
Next Uranium Stock -> Nexgen Energy
You might also be interested in these stocks and pages:
Norfolk Metals | U3O8 Corp | UVRE Limited
Moab Minerals Stock Price / Chart
Moab Minerals Financials
Moab Minerals News
Join our free social and stocks community where you can find over 115+ uranium stocks.
Our free mobile app is available for download at the Google Play Store or Apple App Store!
Share breaking news, presentations, and discussions with other uranium stocks investors today!
If you feel this free site has provided you value, please consider a donation to a young woman named Kaylee G, who has aspirations of achieving the dream of higher education.
To donate, please visit uGift and use code 37J-533 to contribute to this young woman’s college fund.
Become a member and download these free apps today!
Don’t forget to bookmark our site – stock prices and news feeds update continuously. We regularly post news and updated corporate presentations for you to quickly access on our apps. Please share with anyone you feel could benefit from learning about and investing in uranium stocks.