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).

Located 140knm southwest of Denver and 30km northwest of Canon City, Colorado, USA, the Tallahassee Uranium Project comprises two exploration leases that encompass the Boyer, Noah, Taylor, Hansen, and Picnic Tree Uranium Deposits, as well as mining claims that cover a portion of the High Park Uranium Deposit.

Okapi is focused on further expansion and consolidation in the region and has a clear strategy to expand Tallahassee’s existing resource. Our on-the-ground team has a long history of working in the area.

Uranium mineralisation was first discovered in the Tallahassee Creek area in 1954. Between 1954 and 1972 sixteen small open pit and underground mines operated, with total production of approximately 80,000 tonnes of ore at an average grade of 2,500ppm U3O8, for 435,000 pounds U3O8. More than 2,200 holes have been drilled in the district for more than 350,000m which provides a rich bank of exploration data.

Tallahassee Uranium Project

JORC 2012 Resource by Property

JORC 2012 Resource by Property

Superior Geology

  • The Noah, Taylor and Boyer Deposits are all hosted by the most favourable Echo Park sandstones (Echo Park Formation), where mineralisation is generally thick, higher grade and laterally continuous within broader, lower grade envelopes.

  • The Hansen Deposit is also hosted by the Echo Park Formation, whereas the Picnic Tree Deposit is hosted by overlying clay bearing conglomerates (Tallahassee Creek Formation).

  • The High Park Uranium Deposit is hosted by an outlier of the Tallahassee Creek Formation.
  • Recoveries of +95% with conventional acid leaching.

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.