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Land added to proposed Colorado uranium operation
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CARR, Colo. - A Canadian company hoping to open a uranium mine in northern Colorado has obtained options for up to 3,585 more acres, plus access to minerals it owns under the land.
Powertech Uranium Corp. said Wednesday that the option agreements are for land on the northern edge of its Centennial Project in Weld County, plus associated water, mineral and lease interests.
Chief Financial Officer Thomas Doyle declined to release financial details of the agreements.
Landowners M.J. Diehl & Sons Inc., Howard Diehl and Donna Diehl, and Thomas Varra and Dianna Varra declined to comment.
Powertech says its gross mineral rights at the project are now 9,615 acres, up from 7,320 acres. It says its surface use area rose to 7,262 acres from 3,677 acres.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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