Uranium & Vanadium Projects
Uranium and vanadium are critical minerals essential to the U.S energy transition. Our projects in the Western United States are situated in highly prospective uranium and vanadium regions, including the prolific Uravan Mineral Belt, historically the leading U.S.uranium district.
Squaw Creek Uranium Project, Wyoming
- Shirley Basin - a premium uranium district
- Near historic uranium mines and TerraPower's next-generation nuclear reactor project
- Past drilling indicates uranium mineralisation (1,500 CPS at 330 ft) amenable to low-cost, low disturbance in situ recovery mining
- Phase 1 exploration underway
Ownership
100%
Size
4.3 sq km
Metals
U
Uravan Mineral Belt Projects
Metals One has built up a sizeable landholding across multiple projects on the prolific Uravan Mineral Belt, historically the leading uranium district in the U.S. Our four Uravan Mineral Belt projects are proximal to the White Mesa Mill, the only fully licensed and operating conventional uranium mill in the U.S.
Uravan Belt Uranium-Vanadium Project, Colorado
- Near historic Buckhorn Mine
- Initial sampling confirmed exceptionally high-grade uranium mineralisation, with assays from surface samples returning up to 22,280 ppm uranium
- Significant vanadium content in carnotite ore
- Dual exposure to minerals for clean energy and advanced steel alloy production
Ownership
75%
Size
4.9 sq km
Metals
U,V
Wedding Bell & Radium Mountain Projects, Colorado
- In areas of historical high-grade uranium and vanadium production
- This area and adjacent uranium-vanadium mining districts of the Colorado Plateau are reported to have produced over 85 million lbs of U3O8 and over 660 million lbs of V2O5 from the Salt Wash ores over the past 100 years
- Drilling in 2024 returned strong results including 4.9m at 1,199ppm (0.12%) U3O8 and 6,306ppm (0.63%) V2O5 from 82m, including 0.6m at 6,250ppm (0.63%) U3O8 and 30,348ppm (3.0%) V2O5 from 82.6m
- Agreement to treat uranium waste dumps with DISA Technologies providing a pathway to revenue generation
Ownership
75%
(Option for 100%)
Size
15 sq km
Metals
U, V
Vanadium King Project, Utah
- Reporting of significant uranium and vanadium mineralised bodies from historic drilling activities
- Geological setting analogous to multiple deposits elsewhere in the region
Ownership
75%
(Option for 100%)
Size
6 sq km
Metals
U, V
Red Basin - Ane Uranium Project
- Red Basin Uranium District-historical U.S. Department of Energy assessments and radiometric surveys suggest there is potential for 40 million pounds of U₃O₈
- Gamma spectrometry surveys have identified multiple uranium-rich zones
- Road access, known permitting regime and favourable geology with structural and geophysical targets that remain largely undrilled below 400 ft
- Operator has completed land staking, radiometric and geophysical surveys, and is advancing permitting and environmental studies to support drilling in 2026
- Operator’s founders played key roles in Uramin Inc, which sold for $2.5 Bn
Ownership
35%
(Via shareholding in NovaCore)
Size
60 sq km
Metals
U
