Oberon Uranium (CSE:OBRN) is one of the latest new listings on the Canadian Securities Exchange. Oberon has an option to earn a 100% undivided interest in the Lucky Boy Property, which located in Arizona approximately 12 miles south of Globe, the major commercial center for the region. The past producing Lucky Boy Uranium Mine is located on the southern flank of the Pinal Mountains in southern Gila County, Arizona.
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Oberon Uranium is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “OBRN”.
Oberon has an option to earn a 100% undivided interest in the Lucky Boy Property, which located in Arizona approximately 12 miles south of Globe, the major commercial center for the region.
The property covers about 273 acres and about 268 acres of adjacent State of Arizona land with a mineral lease application in progress.
Access is provided by Arizona State Highway 77 to the Dripping Springs Road, approximately 16 miles south of Globe.
The past producing Lucky Boy Uranium Mine is located on the southern flank of the Pinal Mountains in southern Gila County, Arizona.
Gila County is in the center of a widespread group of uranium and vanadium prospects and mines across
central Arizona.
The property has about 50 uranium occurrences hosted in the Precambrian Dripping Springs Quartzite.
The claims cover a small open pit and underground workings that produced uranium in the 1950s and again in the 1970s.
The company has budgeted US$248,000 for an exploration program of mapping, sampling and geophysical traverses combined with expanding a recent radon cup survey.
The budgeted program is intended to result in the identification of compelling drill targets for uranium mineralization of potential economic interest.
Oberon also has a 100% interest in the Element 92 Uranium Property located in Saskatchewan, Canada.
The shares are trading at $0.60.
For more information, please visit the company’s website www.OberonUranium.com, contact Lawrence Hay, President, at 778-317-8754 or by email at info@OberonUranium.com.
