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Terra Clean Energy controls 20 BLM lode claims (6 via an option and 14 via direct staking) in the historical Marysvale Uranium District, Utah, United States.
The property covers 380 Acres and consolidates four past-producing mines—Prospector 1 & 4 and Freedom 1 & 2—which historically functioned as the primary production hub for the entire district.
This acquisition secures a high-grade US asset with significant infrastructure in place and confirmed exploration upside.
"This project offers significant upside as it is clear these old mines were abandoned in the 1970's due to a uranium market collapse not because they ran out of uranium to mine. We believe strongly that we can expand on the previous work through modern exploration technologies."
The Marysvale district historically produced over 1.33 million lbs U₃O₈ at an average grade of 0.22%
The Prospector and Freedom mines accounted for over 75% of the district's total historic production
Historic drilling in the 1970s confirmed that ore extends over 600 feet below the previous underground workings
Year-round access with proximity to power, water, and operating uranium mill in Blanding, Utah
Historic drilling in the 1970s confirmed that ore continued at least 600 feet below the previous workings.
