Corporate Overview
Focused on Developing Advanced ISR Uranium Projects in New Mexico
About Verdera Energy
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. Verdera is working to advance known In-Situ Recovery (“ISR”) amendable 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’s Crownpoint Project is partially permitted under Laramide Resources Ltd.’s Nuclear Regulatory Commission License.
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.
Investor Highlights
Strategically positioned with mineral rights spanning approximately 400 square miles in the Grants Uranium District.
A modern method that minimizes surface disturbance and avoids the legacy issues associated with historic uranium mining practices used in the region.
Priority Crownpoint & Hoste Butte Project contain:
25.7 Million lbs U3O8 - Indicated
5.87 Million lbs U3O8 - Inferred
Team with extensive experience across all aspects of uranium exploration, development, and production.
Commitment to fostering strong indigenous and community relations while promoting environmental stewardship.
Pursuing a public listing;
enCore Energy is a key, strategic shareholder.
1NI 43-101 Technical Report, Crownpoint and Hosta Bute Uranium Project, McKinley County, New Mexico, USA completed by BRS Inc. and enCore Energy Corp. (effective February 25, 2022).
A Qualified Person (as defined in NI 43-101) has not done sufficient work to classify the historical estimate as a current mineral resource. Additional work will be required to verify and update historical estimates, including a review of assumptions, parameters, methods and testing. Historical estimates do not use the current mineral resources categories prescribed under NI 43-101. Verdera is not treating the historical estimate as a current mineral resource and it should not be relied upon.
New Mexico
World Class Uranium Deposits
New Mexico has the largest identified uranium ore reserves of any state in the United States.
Source: McLemore, 2007; McLemore et al., 2013; table
Approximately 409 million pounds of uranium resources remain in the Grants Uranium District as identified by companies in the 1980s.
Inexpensive property acquisition costs include millions of dollars of exploration and development expenditures already incurred during the 1970s and 1980s exploration cycle.
Sandstone uranium deposits found in New Mexico are generally ISR amenable.
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.
