Weld County may hold 10 million pounds of uranium

NUNN – Powertech Uranium Corp. (CA: PWE) estimates there are at least 9.7 million pounds of uranium deposits available for extraction from its proposed Centennial Project near Nunn in Weld County.

In an announcement by Powertech released Thursday, the Vancouver, British Columbia-based company said its National Instrument report showed deposits of U₃O₈, uranium oxide, estimated at 5.9 million pounds in the project’s “South Zone” and 3.8 million pounds in its “North Zone.” The report is meant to establish a resource base for the proposed project.

In addition to the estimated 9.7 million pounds of U₃O₈, the report indicates there is “a geological…