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Why New Mexico?

New Mexico has been selected by Millrock as a focus area for uranium as well as base and precious metal projects for the following reasons:

  • For Uranium

    1. Significant past producer with 163,010 tons of U3O8 produced from 1948 – 1982 (New Mexico Magazine, 1983, v. 5, no. 3).

    2. Recently developed in-situ mining techniques allow for more environmental-friendly, low-cost-high-margin processing and recovery.

  • For Base and Precious Metals

    1. Large-scale deposits (i.e. Santa Rita and Chino porphyry copper deposits)

    2. Excellent potential for discovery of blind deposits

  • Established Infrastructure

  • Demonstrated potential for deposits conducive to underground bulk mining

  • Excellent access

  • Secure land tenure

  • Stable geopolitical climate

  • Stringent but practical environmental regulation