Exploration Database
Exploration Database
Exploration Databases
According to the US Department of Energy, a total of 516 million feet of uranium exploration and development drilling has been recorded in the United States. The majority of these drilling data have been carefully logged and archived by uranium exploration companies, and are now beginning to have importance once again as uranium prices increase and alternative energy becomes prioritized in the political and corporate agenda.
Uranium Energy Corp has acquired historical uranium exploration data covering large areas in the historical uranium trends of Texas, Wyoming, New Mexico, Arizona, and 13 other southern US states. The Company’s inventory of databases is now estimated to contain in excess of 4.6 million feet of drilling data, as well as drill hole location maps, various reserve and resource calculation reports, scoping studies, geological studies, and various other important strategic data. These databases are each the result of millions of dollars of past exploration expenditure, incurred mostly by senior energy companies.
This data provides important clues about where previously-discovered uranium resources may lie. Through careful analysis by our technical personnel, many of whom have spent their entire careers in the uranium sector as geologists and engineers, the Company has the ability to target our acquisition programs accurately and inexpensively. The strategy has been successful in identifying several historically-indicated uranium deposits, which the Company has since acquired. Other uranium exploration companies, without the aid of historical databases, must rely on surface geology to guide their acquisitions, or incur significantly higher acquisition costs for proven properties.
Below is a summary of the databases that the Company’s currently owns the rights to.
| Jurisdiction | Provider | Years of Data | Drill Holes |
| US, Canada, Australia |
Kerr-McGee |
40
|
Maps,
Geologic reports, Engineering feasibility analyses |
| Texas | Total Minerals |
25
|
19,000
|
| Texas | Continental Oil (now Conoco Phillips) |
10
|
250
|
| Texas | Mobil Oil (now ExxonMobil) |
20
|
1,000
|
| Texas | Moore Energy |
20
|
1,000
|
| Texas | Knupke |
40
|
500
|
| Texas | Nueces Mineral Co |
10
|
370
|
| Wyoming | Robert Odell (Rocky Mountain Uranium Scout) |
50
|
500
|
| Wyoming | NAMMCO (William Kirkwood) |
15
|
500
|
| Wyoming | Jebsen |
20
|
130
|
| Arizona | Oklahoma Public Services |
10
|
200
|
| 15 States | Brenniman |
9
|
7,200
|
| 5 States | Halterman |
|
500
|
| 3 States | Jebsen II |
20
|
500
|