| Risk and valuation analysis of the Rocky Brook Project |
| Status Risk : Brown exploration |
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| Title(s) of the Rocky Brook Project |
 | JNR Resources
Interest: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| JNR can earn an undivided 70% interest in the Rocky Brook property over four years by spending $2,525,000 on exploration. To exercise the option, JNR will, subject to regulatory approval, make an initial payment of 125,000 shares and may make optiona more... |
 | Altius Minerals Corporation
Interest: 30% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Rocky Brook Project |
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ROCKY Brook Uranium project is located in western Newfoundland, Canada.The Rocky Brook property is approximately 11,000 hectares in size and covers the northeast margin of the Carboniferous Deer Lake Basin.
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| History of the Rocky Brook Project |
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Exploration work by Westfield Minerals in the late 1970's and early 1980's identified three significant fields of altered and mineralized sandstone boulders that reported values ranging from 1% to more than 10% uranium oxide (U3O8) as well as very high grade silver contents.
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| Geology of the Rocky Brook Project |
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The mineralized boulder areas, known as Birchy Hill Brook, Wigwam Brook and Goose, occur within relatively thin tills above the Carboniferous Deer Lake Basin in western Newfoundland and strongly resemble the underlying Humber Falls Formation.
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