Trump copper and other critical metals15 Jul 2025 08:14
If Trump puts tariffs on Uranium , REE etc this could be massive
Highlights
● Strategic U.S. Asset Secured: Metals One has completed the acquisition of 59 unpatented claims (the "UV 1-59" claim block) and corresponding 10-year exploration lease having been issued, securing a significant land position in Colorado's Uravan Mineral Belt - a premier U.S. uranium-vanadium mining district
● Transaction Terms: Total consideration for the acquisition is US$50,000 in cash and the issuance of 500,000 new ordinary shares in Metals One
● Uranium-Vanadium Potential: Historical surface sampling returned high-grade results of up to 2.23% U₃O₈ (22,280 ppm uranium) and strong vanadium content in carnotite mineralisation
● Exploration Underway: Phase 1 exploration, including geophysical surveys, mapping, and sampling, is ongoing to validate historical data and provide a modern geologic and geophysical baseline ahead of a potential Phase 2 drilling programme later in 2025; rock samples have already been sent for analysis to certified labs in Nevada
Project Overview