Located within the recognised La Sal Uranium District in Utah, the Rattler Project is located 85km north of Energy Fuels Inc’s White Mesa Uranium/Vanadium mill in Utah – the only operating conventional uranium mill in the USA.

Rattler’s project area includes the historical Rattlesnake open pit mine, which produced 1.6Mlbs of U3O8 and 4.5Mlbs of V2O5 between 1948 until 1954. Within 15km of the Rattlesnake mine, the Pandora, La Sal, Beaver, Energy Queen and Pine Ridge mines all operated during the 1970s until the early 1980s, with ore from these mines processed at mills in Uravan, Moab and Blanding (now Energy Fuels’ White Mesa Mill).

Historic production in the immediate district is estimated to comprise around 6.4Mlbs of U3O8 at 3,200ppm and 29Mlbs of V2O5 at 14,600ppm.

Denison Mines and Energy Fuels Inc. reactivated mining at Pandora in 2006, producing a further 1.66Mlbs of U3O8 at 2,000ppm and 8.4 million pounds of V2O5 at 10,200ppm between 2006 and 2012.

In 2014, Energy Fuels reported that remaining resources at the Pandora, La Sal, Beaver, Energy Queen and Redd Deposits comprise a total 4.5Mlbs U3O8 and 23.4Mlbs of V2O5.

Strong Exploration Potential

The Rattlesnake deposit is the only outcropping uranium deposit in the immediate area. All other deposits have been discovered with exploration drilling. There exists considerable potential to discover additional high-grade mineralisation using modern exploration techniques.

La Sal Uranium District

Okapi
Projects

Tallahassee Uranium Project

Our flagship Tallahassee Uranium Project comprises five major uranium deposits in Colorado, USA with an overall JORC Resource of 49.8Mlbs U3O8 (average grade of 540ppm).

Athabasca Basin Projects

Okapi has six exploration projects in Canada’s Athabasca Basin, best known as the world’s leading source of high-grade uranium and responsible for about 20% of the world’s uranium.

Rattler Uranium Project

Located within the recognised La Sal Uranium District in Utah, the Rattler Project is located 85km north of Energy Fuels Inc’s White Mesa Uranium/Vanadium mill in Utah – the only operating conventional uranium mill in the USA.

Maybell Uranium Project

The Maybell Uranium Project is situated in a recognised historical uranium mining district in Colorado USA, with historical production of 5.3Mlbs of U3O8 (average grade, 1,300ppm).

Enmore Gold Project

Okapi’s legacy Enmore Gold Project in New South Wales lies in the New England Fold Belt near the operating Hillgrove Gold Mine (ASX:RVR) which has produced over 730,000oz of gold.