 | US Energy Corp Owner: 100% |
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U.S. Energy Corp. re-acquired the Lucky Jack molybdenum project, formerly known as the Mt. Emmons molybdenum property, located near Crested Butte, Colorado on February 28, 2006. The property was returned to U.S. Energy Corp. in accordance with a 1987 Amended Royalty Deed and Agreement between U.S. Energy Corp. and Amax Inc. |
 | Kobex Minerals Inc. Option on interest: 50% |
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Terms and conditions of the option period to earn up to 50% interest in the Lucky Jack molybdenum deposit.
Kobex to manage development and operations
To earn initial 15%, US $15 million in expenditures must be spent by Kobex
To earn additiona more... |