Next Age Nuclear
Verdera (n): Green Era – From the Spanish Adj ‘verde’; a company focused on economic and environmentally-responsible uranium extraction in New Mexico.
Verdera Energy Corp
Verdera Energy Corp. is focused on the development of advanced uranium assets in New Mexico, home to the largest uranium resources in the United States and a region essential to energy independence. Verdera is working to advance known In-Situ Recovery (“ISR”) amenable uranium projects to meet the growing demand for clean, reliable domestic uranium in the United States. Strategically positioned with mineral rights spanning approximately 400 square miles in the Grants Uranium District, Verdera is committed to fostering strong community relations and promoting environmental stewardship. The Company strives to collaborate closely with local communities and exclusively advance projects that can utilize the environmentally sound ISR uranium extraction technology.
New Mexico Properties
Crownpoint and Hosta Butte Project
Our Crownpoint and Hosta Butte Project is permitted under Laramide Resources Ltd.’s Nuclear Regulatory Commission License to produce 1 million pounds per year.
New Mexico: World Class Uranium Deposits
New Mexico hosts the largest identified uranium ore reserves in the United States with the Grants Uranium District thought to be the seventh largest uranium-producing district in the world.1 The Grants Uranium District contains approximately 409 million pounds of uranium resources, as identified by companies in the 1980s2 and accounts for nearly 40% of all uranium mined in the U.S. Since production began in 1948, the region has produced approximately ~350 million pounds of U₃O₈.
The region’s sandstone-hosted uranium deposits are generally amenable to ISR methods, supporting environmentally responsible development. The Grants Uranium District remains a cornerstone of America’s uranium supply, positioning New Mexico as a key contributor to the nation’s nuclear energy future.
Sustainable Solutions for Resource Extraction
Verdera Energy is exclusively focused on In-Situ Recovery (“ISR”), which offers a minimally intrusive, eco-friendly, and economically competitive approach to mineral extraction. It’s been proven a successful technique for obtaining uranium, especially from lower-grade deposits that might not warrant conventional open pit or underground mining due to costs. Unlike traditional mining, ISR doesn’t involve open pits, waste dumps, or tailings, making it more environmentally considerate. This method also streamlines the permitting, development, and reclamation processes. With ISR, uranium is extracted without disturbing the surface, and once the process is complete, the land is restored to its original state and baseline use.
As we celebrate the 50th anniversary of In-Situ Recovery technology, this innovative method continues to set the standard for minimally intrusive, eco-friendly, and economically competitive mineral extraction. First commercially tested in the U.S. in 1975, ISR has proven to be a highly successful technique for uranium recovery and is now utilized in 70% of uranium projects worldwide, especially with lower-grade deposits that might not warrant conventional open pit or underground mining due to costs.
Nuclear Energy, a Safe, Carbon-Free Energy Source
Nuclear energy is a key source of clean, secure, and cost-effective power. As one of the most dependable energy sources, it provides 20% of the total electricity in the U.S.
- Nuclear energy is one of the safest energy sources and has seen dramatic changes over the last 50 years to make the technology even safer and more efficient.
- It is the largest source of carbon-free electricity in the United States and protects our air quality by generating electricity without other harmful pollutants like nitrogen oxide, sulfur dioxide, particulate matter, or mercury.
- Nuclear is powerful, one uranium fuel pellet—about the size of a gummy bear—creates as much energy as one ton of coal, 149 gallons of oil or 17,000 cubic feet of natural gas.
Proud Member of the Clean Energy Association of New Mexico
The Clean Energy Association of New Mexico (“CLEAN”) provides education, awareness and innovative tools to support a strong and safe nuclear energy sector that is sensitive to the environment and communities in which we live and work. Our mandate, as we work together, is to build sustainable economic benefits for the local communities and the State while respecting the land, water, air and people of New Mexico.
1 McLemore, V. T. (2020, January 27). Uranium resources in New Mexico. New Mexico Bureau of Geology & Mineral Resources. https://geoinfo.nmt.edu/resources/uranium/nmresources.html
2McLemore, V. T. (2007). Uranium resources in New Mexico. New Mexico Bureau of Geology & Mineral Resources.