This Junior Uranium Miner Has Grown Resource Base Seven-Fold

U3O8 Corp (UWE.V or UWEFF) is growing its uranium resource base very quickly. In just over a year, the company has taken a resource of 7 million pounds and increased that to close to 50 million pounds. This has transformed the company from a typical junior to become a mid tier, established uranium company. This may be just the beginning as they believe these assets have plenty of exploration upside.

U3O8 has a simple growth strategy with outstanding projects and may look to grow through mergers and acquisitions in 2012 and 2013.

The company’s flagship project, Berlin, is located right in the middle of Colombia between the capitol of Bogota and Medellin. The multi commodity asset is located in an excellent location just 10 km from an hydroelectric power plant and access to the project is very good.

The Berlin Project has a resource of uranium, vanadium, phosphate and rare earths which is a major advantage as it gives investors exposure to multi-commodity growth in nuclear energy, agriculture, steel manufacturing and clean energy. Each commodity has its own price cycle which gives investors a broader diversification and potentially minimizes risk and volatility. In addition, the company has demonstrated that they have the ability to extract the multi-commodities with many positive metallurgical studies released recently.

The company has grown their uranium resource sevenfold in 2011 to 50 million pounds. U3O8 expects to continue that resource growth in 2012. Their Berlin Project in Colombia currently contains 21 million pounds of uranium. They have only drilled 3 km of the 10 km mineralized trend. The company hopes to double that resource through drilling and there may be 60-80 million pounds of uranium eventually discovered at their flagship Berlin Project.

Currently, the price of U3O8 Corp is near three year lows despite the incredible fundamental growth of the company. Clearly the shares do not represent the underlying value created over the past year. This may represent a potential opportunity for investors who are looking for a discounted buying opportunity.

For information on the company contact: U3O8 Corp., (416) 868-1491

Disclaimer: Long UWE.V and U3O8 is a GST Featured Company.

Below You May Find The Video.