ROCKY MOUNTAIN MINERALS SCOUT

R. D. Odell, Geologist * AIPG 7327, WyPG 1850
1547 South Jefferson,- Casper, Wyoming, 82601 (307)235-5408
EM: rdodell@trib.com

 

FEBRUARY 3, 2002

JANUARY, 2002 ACTIVITY

NORTH AMERICAN URANIUM

and Energy Resources


DENVER URANIUM CLUB December 28th DUC attendees included the following in no particular order: 1.Bob Steele, Retired; 2.Terry Wetz, IVC; 3.Barney Guarnera, BERRY DOLBEAR; 4.Bob Hembres, HMCS; 5.Ta M.Li and 6.Eric Spiller, WASHINGTON GROUP; 7.Mark Chalmers, HEATHGATE; 8.Nick Lynn, LYNTEK; 9.Kitsi Atkinson, CONVERDYN; 10.Tom Pool, NUCLEAR FUELS; 11.Fletch Newton and 12.Bill Salisbury, POWER RESOURCES; 13.Byrd Berman, CONS.; 14.John Maruyama and son, 15.Jonathon, 16.Steve Antony, 17.RB MONKS; 18.Rich Ziegler, COTTER CORP; 19.William D. Collins, CONS.; 20.Bart Conroy, CONS.; 21.Greg Abramov, BOREHOLE MINING INT'L; 22.Byron Little, GEOMEX; 23.Steve Collings, CROW BUTTE; 24.Steve Magnuson, PRI; 25.Rick Townley and 26.Sandra Galey.

* Note: An asterisk within this monthly minerals scout report denotes most recent information, as an update to former important information repeated and deemed pertinent for the record.

The ROCKY MOUNTAIN SCOUT web site:

http://w3.trib.com/~rdodell/index.htm

FEBRUARY 3 , 2002

Copyright, 2002

One pound U308 conc. = 8.9 tons COAL = 37.1 bbls. Crude Oil (Conversion factors, LWR Nuclear Reactor Power Plantsrs

ROCKY MOUNTAIN MINERALS SCOUT

R. D. Odell, Geologist * AIPG 7327, WyPG 1850

1547 South Jefferson Casper, Wyoming, 82601 (307) 235-5408

E: rdodell@trib.com

 

JANUARY, 2002 URANIUM DRILLING REPORT, RIG COUNT BY STATE OR PROVINCE


UNITED STATES
Recl
Exp
D/D
Prod
Ug
NEBRASKA
CROW BUTTE RESOURCES
0
0
0
5
0
NEW MEXICO
HOMESTAKE
1
0
0
0
0
WYOMING
PRI -HIGHLAND

0
0
0
0
0
RIO ALGOM -SMITH RANCH

0

0
0
5
0
WESTERN US
SUBTOTAL 11 Drills
1
0
0
10
0
CANADA
SASKATCHEWAN
CAMECO/McARTHUR RIVER
0
0
1
CAMECO/ EPP LAKE
1
   
COGEMA/ McCLEAN AREA
5
   
COGEMA/ CIGAR LAKE AREA
1
   
CANADIAN TOTAL
SURFACE, 2 Underground DRILLS
7
1
NORTH AMERICA
19 DRILLS, (18 Surface, 1 UG)
1
7
10
1

ROCKY MOUNTAIN SCOUT web site:

http://w3.trib.com/~rdodell/index.htm

NORTH AMERICAN ENERGY MINERALS REPORT

JANUARY, 2002 EXECUTIVE SUMMARY

URANIUM DRILLING, NORTH AMERICA

Seven field exploration rigs were reported drilling in the United States and Canada, plus one reclamation drill and an underground drill in Athabasca Basin, for a uranium drill total of 19 drills this month. There were 10 ISL (In-Situ Leach) development and production rigs, all in the United States.

CANADIAN activity in the field indicated seven drills were busy with good weather for access. CAMECO reported one drill at EPP LAKE and one underground drill (plus 4 bore-hole raise reamers) at McARTHUR underground. COGEMA started up the year with 6 rigs, all in the Athabasca Basin of Saskatchewan. Uranium production continued from CLUFF, McARTHUR, McCLEAN and RABBIT LAKE.

UNITED STATES uranium operators had no changes to report from December. U.S. ISL operators have 3 uranium sites in production, CAMECO's Nebraska CROW BUTTE and Wyoming's HIGHLAND operations, plus RIO ALGOM'S Wyoming SMITH RANCH. CROW BUTTE reported 5 production drills and SMITH RANCH reported its usual 5 drills for a U.S. total of 10 ISL rigs in the field. COGEMA's CHRISTENSEN RANCH ISL operation, also in Wyoming's Powder River Basin is in remediation of the ground water, with minimal production incidental to restoration. In New Mexico, HOMESTAKE had one rig on restoration of the ground water table. That drill continued into January.

AUSTRALIAN BEVERLY ISL production at last report continues from two well fields at HEATHGATE's operation. With a full staff of 53 persons, the firm had one rig operating most of last year on delineation or production, according to Jim Graham of GENERAL ATOMICS.

EXPLORATION INTEREST ITEMS

SOLOTREK of Sunnyvale, California is working on a solo flying machine with dual fans called the SoloTrek Exo-Skeletor Flying Vehicle. Experimental stage design plans will transport one geologist in a standing position 80 mph. One tank of gas will move the machine and man 150 miles. Other equipment will include an ejector seat with parachute, and GPS positioning system, according to a release by MILLENIUM JET INC. Navy pilot and aerospace engineer Michael Moshier has gotten the machine 3 feet off the ground to date. NASA Ames Research Center has provided MILLENIUM with a wind tunnel, for tests. See http://www.solotrek.com For details.

MANAGEMENT INTEREST ITEMS

SASKATCHEWAN ENERGY and MINES of LaRonge has given the ROCKY MOUNTAIN MINERALS SCOUT permission to duplicate portions of the "Saskatchewan Exploration and Development Highlights 2001". See addendum.

DIAMONDS: Kansas and Australia Kimberlites and Lamproites.

The Kimberley Diamond Company has unveiled an initial resource of 2 million carats for its Ellendale Pipe after the Western Australian Parliament formally approved the change of ownership of the diamond field.

Kimberley is set to commence full-scale mining operations at its Ellendale project on May 2, subject to regulatory approvals and the payment of $5 million to current owner Argyle Diamond Mines by April 30,

following several months of bulk sampling. A total of 26,124 diamonds weighing 4124ct have been recovered.

The resource estimate on Ellendale Pipe 4, by Snowden Mining Industry Consultants was 23 million tonnes at 8.8cpht for more than 2Mct to a depth of 140 metres. Kimberley chairman Miles Kennedy said Snowden expected to complete the resource estimates on Pipe 9 towards the end of January 2002, anticipated to add to the diamond resource inventory for the Ellendale project. To date, 3499 diamonds, mainly of good gem quality, have been recovered from limited exploration sampling at Ellendale Pipe 9.

The global mineral resource will underpin Kimberley's long-term mining operations at Ellendale, with sampling planned for early 2002 designed to increase the grade and tonnage of the deeper tuffaceous orebody, Ellendale 4. A new HMS diamond recovery plant is currently being commissioned on siteand an inline jig (which is being used successfully by De Beers in Africa) is also being installed for trialling over the next three months. If the trial proves successful, tonnage throughput could be significantly increased in the stage one plant, further enhancing project economics.

New Kimberlite Discoveries in Kansas: Magnetic Expression and Structural Setting by Pieter Berendsen and Thomas Weis, Kansas Geological Survey, in the Journal of Transactions- Kansas Academy of Science, 2001 volume 104, # 3/4 page 223-236 indicates 13 kimberlites have been located in a two-county area in northeastern Kansas. The NNE-trending trace of the Proterozoic Midcontinent Rift System, an aborted rift extends from the Lake Superior region southwestward into Oklahoma.

The Kansas Geological Survey drilled three new kimberlites in 1999: the Baldwin Creek and Tuttle kimberlites located in Riley County and the Antioch kimberlite in Marshall County. They were discovered as part of a systematic ground follow-up of private aeromagnetic data (200-400-m line spacing) collected by Cominco American Inc in the early 1980's and donated to the Kansas Geological Survey in 1999.

Six exposed kimberlites were discovered prior to 1970 and another four in the early 1980's, one of which is exposed at the surface. Cross-cutting major tectonic elements in NE Kansas are ideal for accommodating the intrusion of kimberlites. The major structural elements are regional NNE-trending, high-angle normal and reverse faults associated with the 1.10 Ga Midcontinent Rift System, and regional, older, high-angle normal and reverse, NW-SE striking, cross-cutting faults which offset portions of the rift. The presence of the rift is identified in regional gravity and magnetic data sets and evidenced in core and cuttings recovered from drill holes that penetrate Precambrian basement.

The report indicates sedimentary rocks up to about 800 m (3,040 ft) thick and ranging in age from Ordovician to Permian overlie the Proterozoic basement. Ground magnetic surveys were conducted to model the kimberlites and to define targets for drilling and core recovery. These detailed ground magnetic data show that final emplacement of the kimberlite bodies is controlled by N40W-striking structures, rather than the NNE-trending structures. Modeling of the magnetic anomalies shows that the contracts between the kimberlite bodies and the country rock are steeply dipping.

The kimberlites are believed to be Late Cretaceous in age (about 90 my) and range in character from crater and diatreme facies in Riley County to possible hypabyssal facies in Marshall County. The three new kimberlites are buried under a shallow soil cover ranging in thickness up to 8 m (26 ft). E-mail:<pieterb@kgs.ukans.edu pieterb@kgs.ukans.edu for details.

DIAMONDS: Nunavut Territory, CANADA

RHONDA CORP of Calgary, with a 100% interest in 325 square kilometres in the INULIK area, earlier optioned part of the INULIK to DeBEERS. That firm drilled 6 holes early last year intersecting a kimberlite estimated to cover six hectares reaching to depths of 1,124 metres. Presently there is a diamond rush in the area, with between 2 and 3 million acres staked by several exploration companies in November alone.

Core sampling by DeBEERS recovered 9 macro and 208 micro diamonds from a 397 kilogram sample. Almost 9 tonnes of kimberlite were extracted from the 6 drill holes and sent to Africa for analysis. DeBEERS has options to earn in a 70% interest in the property and will expend $10 million and carry RHONDA to production if economics prove up.

RHONDA also has a 100% interest in 3,483 hectares called the COURAGEOUS LAKE (JAX) property in the Northwest Territories, with 6 leases covering 25 kilometres of a 65 kilometre long proven gold horizon. The JAX gold values from drill core range from 47.31 g/t (1.83 oz/t) to 4.22 g/t over 7.92 metres, confirmed by drilling to a depth of 60 metres.

MONTANA'S NOXON AREA copper and silver claims held by STERLING MINING CO of Spokane, Washington south of the Cabinett Mountains, are being picketed by vocalists Bonnie Raitt and Jackson Browne and their following at the Schweitzer Mountain ski resort to close the area to mining. Posting of a 77 million dollar reclamation bond will be necessary, according to Frank Duval, the mine owner, before underground exploitation of the metal resource estimated at 930 million pounds of copper and 115 million ounces of silver is possible. The mine could employ 350 miners, using 50 ton trucks to haul the ore out from under the wilderness area, through a tunnel 3 miles long. Locals fear the 3 million gallons of treated waste water per day will pollute the Clark Fork River and Lake Pend Oreille, 25 miles downstream. So here we go again!

URANIUM:

AAPG's Houston 2002 Convention March 10-13 at the George Brown Convention Center will kick off the Monday EMD Session with Robert D. Maxwell, speaking on "Domestic Uranium Resources and Their Availability". Other speakers will include V.T. McLemore, Claudia Stewart, L.J. Reimann and R.E. Vance (Canadian Resources) plus R.B. Smith: "The Role of Exploration in the Coming Uranium Boom". After the morning break R.L. Grubbs will speak on "Australia's position in Uranium", followed by Doug Underhill:"Analysis of Uranium Supply to 2050". YUCCA MOUNTAIN will also be covered by two talks.

COAL BED METHANE- MONTANA:

Montana Counties commissioners met with Wyoming's Coalbed Methane Coordination Commission in Buffalo, Wyoming this month to plan for some 39,000 Montana wells anticipated to be drilled for CBM this decade. To date only 500 CBM wells have been drilled in Montana's part of the Powder River Basin. The Wyoming Coalition, now a year and a half old, is comprised of representatives from 5 Wyoming counties, Wyoming authorities and operators. Representing Montana were Don McDowell, Powder River County Commissioner, Joan Stahl, Rosebud County Commissioner, and President and Chairman of MCCOG Will Duffield, also representing Fallon County. Wyoming's CBMCC was represented by B.J. Kristiansen, Assistant Coordinator.

COAL BED METHANE- WYOMING: Rich Marvel, of the Wyoming Oil and Gas Conservation Commission January 25, in a talk to the American Institute of Professional Geologists, indicated the ease of accessing the commissions records through http://wogcc.state.wy.us which sustains an average of one hit (inquiry) a minute during office hours. Spud reports and well files for oil and gas get the most hits, with CBM a close second. To access the information, click on the red dots for operator information.

Cumulative CBM production since 1978 is available on a per well basis. Oil and gas production will be annotated and available on the web by next year. Sundries are scanned in the same day as received. Logs are also scanned and available by clicking on the Weekly Log Report.

Marvel repeated his on-line demonstration of accessing WOGCC records at the Wyoming Geological Association meeting of January 25th. He indicated Microsoft Imaging, 1998 to 2000 software will download his data. The commission receives and records about 1500 new logs per week. Gas production this past year was up 10%, including CBM, Madden Deep, and the Jonah plays.

COAL BED METHANE- ATLANTIC RIM, Carbon County, Wyoming: PETROLEUM DEVELOPMENT CORP (PEDCO) will initiate a 24-well test for coal bed methane in the Blue Sky Pod area almost 20 miles northeast of Baggs, following a federal environmental study. The area is adjacent and south of the firm's SUN DOG POD, according to Ron Hedlund of PEDCO, but outside the Elk Crucial Winter Range. Most (19) of the wells will be on federal jurisdiction land, plus 4 wells on state land. The CBM test anticipates a 20 year life max. Five companies, PEDCO among them, have disclosed plans for an eventual 3800 wells in the area if the first 200 wells appear productive. Well spacing of 80 acres and 1,800 to 2,700 feet per well is anticipated. PEDCO is a New Mexico firm with offices in Gillette, with Powder River Basin CBM production.

COAL: Safety records in the extractive coal industry in 2001 were at an all-time high with only 42 coal mine deaths. Other commodity mines, gold, copper, stone etc. accounted for an additional 30 deaths for a total of 72 for the year, according to the U.S. Mine Safety and Health Administration. Wyoming coal mines, first in production had no deaths, due mainly to safety efforts but also a consequence of open-pit mining versus underground hazards of eastern mining, where 14 deaths occurred in Alabama alone.

RAWHIDE's PEABODY management indicates the firm will reopen the mine and hire about 35 new personnel for a total of about 88 workers. The mine was put on hold in 1999 with $4.00 per ton prices and is reopening with spikes in coal prices hitting $14.00. There are 5 million tons of coal in the pit, ready to mine once a protective thin layer of dirt is cleaned off. Beyond this area a 30 to 40 foot seam covers an 80 foot bed below a 10 foot split.

The Btu is reported to range from 8,200 to 8,400 Btus and mining will commence with six 200 ton end-dump trucks and a 40 yard shovel. Overburden will be removed with a 13 yd backhoe and 23 yd loader. Reserves will carry the mine through 2024 at 8 million tons per year, only 6% of PEABODY's PRB annual coal output. The firm's 2000 production from its NORTH ANTELOPE ROCHELLE mine produced 71 million tons and its CABALLO mine produced 26 million tons in 2000. RAWHIDE rail shipment will be by Burlington Northern.

COAL BED METHANE: The year 2001 peaked in August for CBM with almost 12,000 wells being drilled, resulting in daily production of 643 mmcfg. Earlier, BARRETT RESOURCES in March resisted a $1.8 billion bid by SHELL for its position in the Powder River Basin Coal Bed Methane play, accepting a better offer by the WILLIAMS COMPANIES.

Drilling rig counts declined from 65 in September to 42 in December, 2001 as gas prices slumped from over-supply and a shortage of delivery pipelines to $1 to $2 per mcf, but the gas play erased a $200 million state budget shortage with income to Wyoming of $694 million.

John J. Dragonetti, CPG 02779, in the November Professional Geologist notes that three basins have the potential for producing 500 billion cubic feet of methane annually: Powder River, San Juan and Uinta. He notes that over 80% of the resource is in private or state ownership. "Increased exploration and development is anticipated in the states of Alabama, Colorado, Kentucky, New Mexico, Texas, Utah, West Virginia and Wyoming."

In Wyoming, most recent estimates of Coal Gas Resources in Wyoming's 75% of the Powder River Basin, the area of predominant development, have been completed. The Bureau of Land Management and USGS personnel* estimates of gas adsorbed in the 1.01 trillion tons of coal in northeastern Wyoming total 24 trillion cubic feet, comparing well with the Potential Gas Committee calculations and Finley and Goolsby Consultants' 25 trillion cubic feet. The closeness of calculated totals reaffirms reliability of the estimates.

JANUARY, 2002 SPOT MARKET YELLOWCAKE PRICE/LB QUOTES

NUKEM reported the restricted (US) Spot Price range of $9.45 to $9.70, up from the $9.30 to $9.50 quote of last month. Call NUKEM's Brian or Mark at 203/778-9420 for further inquiries.

TRADETECH's Exchange Value Restricted spot price quoted the end of January was $9.70, up 20 cents per pound from December. Details: Treva or JoLee at TradeTech, 303/573-3530 in Denver.

URANIUM EXCHANGE's U.S. price was $9.70, up a dime from last month's report. UX quotes prices at the beginning of each week. For weekly prices call Eric or Phoebe Tuesday pm, 203/746-5921.

VANADIUM was quoted January 21st at $1.03 to $1.15. (Courtesy COTTER CORP)

NEW ACTIVITY BY OPERATOR

U.S. OPERATIONS

* COMIN'S CHRISTENSEN RANCH ISL office reported no drills operating butground water restoration continues in CHRISTENSEN mine units 2,3 and 4. Production is only incidental to restoration, which continues with 19 persons according to Wayne Heili.

At IRIGARAY, ground water treatment is completed and operations are on stand-by pending regulatory approvals of the ground water restoration. Reclamation of the wells will follow those approvals.

* COTTER CORPORATION on the West Slope moved a rig into the Slick Rock and Monogram Mesa areas, drilling 7 holes to hold state mining permits, in December. The drilling was completed within the month, with no operations in January.

The company has the go-ahead from the Colorado Division of Mining and Geology AND Jefferson County to mine aggregate from underground at the SCHWARTZWALDER from the 2-A adit on the property. This is the first new permit from Jefferson County in 20 years for a mining operation. The mine is called the BLACK FOREST, which in German is SCHWARTZWALDER. The firm plans a 100,000 ton operation annually for the only underground aggregate operation in the western U.S.

COTTER is in full production of zirconium at the modified uranium mill in Canon City, Colorado. CMS has obtained an 18,000-ton government stockpile of the zirconium oxide-bearing ore from a strategic stockpile in Indiana, following research into recovering zirconium from the ore.

* CROW BUTTE RESOURCES early January reported 2001 yellow cake production totaling 814,696 pounds. January the firm reported five production drills in Mine Unit 8. Production continues at Units 4,5,6 and 7 with approximately 48 persons. Units 1,2 and 3 are now in restoration.

Denver area office phones are 720/879-5140 and the fax number is 720/879-5141. Mine-site offices in Chadron, Nebraska can be reached at 308/665-2215.

* DOE test pits for calibration of gamma log trucks and equipment are still in operation, according to Grand Junction area reports. The Secretary of Energy, Spencer Abraham intends to recommend YUCCA MOUNTAIN as a "long-term geological repository for nuclear used fuel" and has notified the Nevada Governor Kenny Guinn and his legislature.

ENTERGY CORP President Don Hintz has indicated ENTERGY would like to build one and maybe two nuclear power plants by 2005 or 2006. SEABROOK could be one of the sites if that New Hampshire plant is acquired by the firm.

RIVER BEND NUCLEAR PLANT refueled in only 17 days, a new record for boiling water reactors. It was a world record, according to UX Weekly of October 15, 2001.

Recently the firm entered an agreement with VERMONT YANKEE NUCLEAR POWER to pay $180 million for the 540MW plant, twice the price AMERGEN had offered. ENTERGY will sell the power to present VERMONT YANKEE sponsors at annual average prices of $39 to $45/Mwh, to 2012 on the present license. Closing is anticipated next Spring, pending regs approval.

Acquisition of the INDIAN POINT 1 and 2 nuclear plants from CONSOLIDATED EDISON, approved by the NRC August 27, was finalized September 6th.

This increases the number of ENTERGY's nuclear plants to ten, adding to the previous list: ARKANSAS NUCLEAR ONE, RIVER BEND, WATERFORD 3,GRAND GULF, PILGRIM, INDIAN POINT 3 and FITZPATRICK. FPL GROUP controls four units at TURKEY POINT and ST. LUCIE.

* ENERDYNE CORP of Albuquerque reported through Don Hanosh January 25th that the firm is holding its core claims in the AMBROSIA LAKE area.

* EXELON will commence the permitting process for a nuclear reactor in 2002, although the location is as yet undetermined. The firm met with the Nuclear Regulatory Agency on the uprating of three nuclear reactors early in December. EXELON's DRESDEN 3, presently at 800 megawatts is requesting an increase of 40 to 120 megawatts. QUAD CITIES 2 AND 3, now at 789 megawatts, would like to increase output by 80 megawatts.

The firm has invested $7.5 million in the South African pebble-bed test project in a venture with affiliate ESKOM ENTERPRISES. Any decision to fund a demonstration plant in South Africa may lead to a proposal to build a plant in the United States. If viability tests are successful EXELON might buy as many as 40 PBMR's for U.S. locations.

* HOMESTAKE completed its New Mexico reclamation drilling in January, 2002, after working one reclamation drill since June, 2001. 2004 is the anticipated completion of reclamation there.

IAEA prognostications, iterated in the October 26 Mining Journal, are for a large increase in uranium exploration within the next five years. Projects of large and relatively high-grade deposits must be in production in 20 years to meet uranium requirements of 7.6 Mt for sustained development of nuclear power through 2050. "Analysis of Uranium Supply to 2050" is available from the International Atomic Energy Commission, EM salespublications@iaea.org The web site is www.iaea.org/worldatom/Books

* INTERNATIONAL URANIUM CORPORATION, operator of the WHITE MESA mill south of Blanding, and the WASHINGTON GROUP have teamed up to offer the Department of Energy a proposal for a slurry pipeline to move uranium tailings waste from north of Moab to WHITE MESA. The firm is attempting approval from the authorities and the environmental community. See the full release and proposal in the addendum.

* There was no production in 2001 reported. The IUC mill in Utah continues to receive material from LINDE, for beneficiation

ISL WYOMING's Dale Hendrick, reporting from Toronto (111 Richmond St. W., #901, Toronto, Ont. M5H 2G4, Ph 416/955-8630) is in a holding pattern.

KENNECOTT URANIUM CO will maintain the Green Mountain Mining Venture (Green Mountain) properties following acquisition of the property from U.S.Energy Corp. and Crested Corp. (USECC) of Riverton, Wyoming for $3.25 million in cash and a retained 4% net profits royalty.

NEW FRONTIER URANIUM CORP continues its holdings and interest in uranium ISL projects from offices at 2832 South Uinta, Denver, Colorado 80231.

NRC earlier approved the NINE MILE POINT license transfer to CONSTELLATION ENERGY GROUP's subsidiary, NINE MILE POINT NUCLEAR STATION, LLC. The move will facilitate sale of the Units to CONSTELLATION, who will purchase NINE MILE POINT from NIAGARA MOHAWK for $221 million for its Unit 1, licensed until 2009.

CONSTELLATION will pay $559 million for an 82% interest in Unit 2, licensed to 2028, and held by an association of utilities including NIAGARA MOHAWK, ROCHESTER GAS & ELECTRIC, NEW YORK STATE ELECTRIC & GAS, and CENTRAL HUDSON GAS & ELECTRIC.

Unit One is a 609-megawatt BWR (1969 start-up) and Unit Two, also BWR, 1,148-MW.

In another motion, NRC approved the INDIAN POINT 3 and the JAMES A. FITZPATRICK nuclear power plant sales to ENTERGY NUCLEAR, Inc.

* PETROTOMICS has completed all of its SHIRLEY BASIN reclamation and is awaiting the release of its bond at offices in Casper, Wyoming at 770 West Collins.

* POWER RESOURCES, INC. production for the year of 2001 has been reported to total 694,740 pounds U3O8. There was no drilling in January. Personnel at the operation maintain at approximately 40 persons, continuing production.

* RIO ALGOM MINING again reported all five drills operating on production projects at the ISL SMITH RANCH in southern Powder River Basin, Wyoming. Production figures for 2001 have not been released to date. The ISL firm and reserves are for sale with three interested parties in contention, according to unconfirmed reports.

* URANIUM RESOURCES this report indicated the firm is waiting on prices and retaining all properties in the interim. Reclamation continues at KINGSVILLE and ROSITA in South Texas. New Mexico's CHURCHROCK project, with 19 million pounds of resources, is still waiting on hearings. CROWNPOINT holds potential of 39 million pounds and the SANTA FE 500,000 acre acquisition 15 million pounds. The other New Mexico property, UNIT ONE holds resource potential for another 27 million pounds of yellowcake located west of CROWNPOINT. All figures are proven, in place resources.

* USEC has been placed on a "negative credit watch" by S&P with second quarter earnings, ended December 31, 2001, at 12 cents per share; a decrease of earnings of 50%. Delays in implementing new pricing under the Russian HEU contract, and the exclusion of commercial SWU from the agreement were given as the reason. New forecasts will be possible when the Russian agreement is signed.

USEC and DOE relationships have become strained with a list of disputes brought to light by the January 14th UX WEEKLY. The DOE wants authority to remove USEC as the operator of PADUCAH if USEC production falls below 3.5 million SWU on an annual basis. DOE also wants the right to take over PADUCAH without compensation if USEC fails to maintain the plant, meet construction deadlines or fail to convert the plant to European technology. USEC claims DOE has owed it $18 million for two years, yet unpaid. For a complete overview of the dispute visit http://www.uxc.com/top_services-center.html

U.S. NONSENSE: Anti-nukers have added a new group called STAR (Standing "Truth" About Radiation), which has recruited model Christie Brinkley to speak against renewal of the Price Anderson Act, currently being debated in the U.S. Senate. Without renewal, the U.S. government would not be liable for nuclear accidents exceeding $9.5 billion in damages, thereby discouraging the building of new nuclear plants.

U.S. SENSE: ... from the book by Dr. Roger Bate: "CHERNOBYL'S REAL VICTIMS" ...... TechCentralStation.com, Jan 24, 2002

The United Nations Development Program and Unicef have finally admitted in a new report what many scientists and policy wonks have known for years. Chernobyl killed thousands -- not from radiation, but from policy based on radiophobic hysteria.

The nuclear core meltdown that occurred at Chernobyl in the Soviet Union in April 1986 was a tragedy for the hundreds of people actually working at the plant. Of these about one third (134 people) were diagnosed with acute radiation sickness, and 28 of these died within the first four months of the accident. Since then, 17 more of the patients who survived the acute phase have died. These later deaths were caused by lung gangrene, thigh sarcoma, and non-radiation diseases or accidents.

There were no early death cases among the public (off-site). Apart from increase in thyroid cancer registry (probably due to increased screening rather than a real increase in incidence) there is no evidence of a major public health impact related to the ionizing radiation 15 years after the accident. No increase of overall cancer incidence or mortality that could be associated with radiation exposure has been observed. Many more deaths were induced by poor policies based on outdated scientific understanding.

And yet today the "LNT hypothesis" (LINEAR NO-THRESHOLD assumes there is no threshold below which effects of high dosage fail to appear) still forms the basis of radiation thinking. Research by Professor Zbigniew Jaworowski, a medical adviser to the UN on the effects of radiation, indicates low level radiation is beneficial. (We have lived with it since the beginning. This recommends the THRESHOLD must be established and the importance of radiation to life must be researched.[RMMS])

This (lack of science) is a bizarre indictment of the anti-nuclear world we have to share with the anti-nukers. "The exhibitions of photographs of deformed victims, which raised millions of dollars for pressure groups and charities, have been exposed as fraudulent. However, it is unlikely that anti-nuclear activists will acknowledge their culpability in the deaths they have caused since it would undermine their entire thesis that low-level radiation is harmful. It is, in fact, entirely harmless".

Professor Jaworowski continues:"perhaps the most important factor in creating the Chernobyl mythology was the assumption that any radiation dose, even one close to zero, has some detrimental effect." Jaworowski has been arguing this point for nearly a decade, and finally the UN is beginning to listen.

He re-iterates: "The LNT hypothesis contradicts all experimental and epidemiological evidence. That evidence demonstrates no harm -- and even some benefit -- at low radiation doses. Our bodies can obviously deal with a low level of exposure to radiation, and it may even stimulate our systems' defenses and make us healthier".

In the nearly 15 years since the Chernobyl nuclear catastrophe thousands of people have died and hundreds of thousands of births affected by its fallout. But the deaths are due to radiophobia, which caused extensive political fallout, and not from radiation-induced illness. According to UN scientists looking at the medical effects of Chernobyl, the real disaster has been psychosomatic disorders that were exacerbated by the mass media hysteria at the time. This hysteria encouraged inappropriate government actions in the former Soviet Union such as forced evacuations from locations that might have been contaminated with radiation.

For a related article describing the potential consequences of this hysteria in the U.S., connect with Dr. Roger Bate, Director of the International Policy Network in London:

http://www.techcentralstation.com/1051/envirowrapper.jsp?PID=1051-450&CID=1051-012402B

INTERNATIONAL OPERATIONS

SASKATCHEWAN EXPLORATION AND DEVELOPMENT HIGHLIGHTS 2001 has been released from La Ronge offices, PO Bx 5000, La Ronge, SK S0J 1L0. The report summarizes developments and budgets, with just over $29 million expended for all minerals. Uranium portions of that were estimated at 14.19 million, followed by diamond exploration estimated at $8.56 million. See addendum for the first five (uranium) pages of the report, or write to SASKATCHEWAN ENERGY & MINES at the address above for the complete report, Attn: A.J. GRACIE and G. TOURIGNY.

CANADIAN NUCLEAR SAFETY COMMISSION's Annual Report for 2000-2001 details: CLUFF underground operations continue to hi-grade from the DOMINIQUE and JANINE, with closure pending in 2002. McCLEAN's operating license has been extended four years to August 31, 2005 and to increase production from 6 to 8 million pounds. Mining at the SUE C orebody will be complete by year-end. CIGAR LAKE Mine Site license approval to prepare for mining was received July 31 from the Canadian Nuclear Safety Commission. CIGAR LAKE personnel will transfer to CAMECO, eventual operator. CAMECO's RABBIT LAKE milling of stock-piled ore continued and EAGLE POINT underground operations were on Care and Maintenance.

McARTHUR RIVER was drilling underground and production next year is expected to reach 18 million pounds, once the site gets up to full annual production. KEY LAKE continued milling of McARTHUR RIVER ore.

CNSC also oversaw 19 licensed radioactive waste-management facilities and decommissioning sites in Canada. Decommissioning licenses were amended for RIO ALGOM LTD's QUIRKE, PANEL and STANLEIGH sites, and DENISON Mine LTD'S DENISON and STANROCK sites in Ontario.

... end CNSC excerpts.

International Operator Activity

ATOMIC ENERGY OF CANADA Ltd has been offered help from HITACHI Ltd in the development of the next generation of CANDU reactor's turbine generator systems. AECL will concentrate on the nuclear steam plant design. Improvements planned are a smaller reactor core, increased thermal efficiency and longer fuel life, according to a November 12 report by UX Weekly.

The SASKATCHEWAN provincial government has overhauled its uranium royalty system, retroactive to January 1, 2001 and applauded by industry. Some six firms negotiated two years to reform royalty calculations to a tax based on revenues per pound from a firm's combined annual Saskatchewan uranium production, instead of on the profit per pound from each mine. The new approach will simplify accounting practices but result in the same income for the province, without penalizing companies for increased efficiencies. At present about $38.7 million (Can) is collected by the province. The change is interpreted as encouraging to non-majors to develop their prospects.

* VANCOUVER ROUND-UP convention was reportedly well attended, with more enthusiasm in Canadian diamonds than other items.

* CAMECO reported one rig at EPP LAKE, located about 30 kilometres north of McARTHUR in January and mobilization of another four drills for February field work.

CAMECO and PIONEER METALS CORP October 24th announced formation of a publicly traded company, UEX Corporation. All of PIONEER's uranium exploration projects, including RIOU LAKE, will be transferred for 60% of UEX. CAMECO will transfer HIDDEN BAY "advanced exploration properties for a 40% interest in the new company.

Production forecasts for 2001 production will total the same as 2000: 16.4 million pounds U3O8. A breakdown by project, 2001 production is planned to be 10.5 million pounds from McARTHUR RIVER, 0.4 M from KEY LAKE, 4 M from RABBIT LAKE, 0.8 M from CROW BUTTE, and 0.7 M, HIGHLAND. Conversion production of 9,900 tonnes is planned at the PORT HOPE plants.

* McARTHUR RIVER drilling underground involved one drill in January, anticipated throughout 2002. Not counted are 3 to 4 raisebore drills reaming most of the time. Production in 2002 is expected to reach 18 million pounds, once the site gets up to full annual production.

Through part of 2001, as weather allowed, the firm did exploration drilling in Athabasca Basin at its HOOK, REED, MOON, DAWN-LAROQUE, WHEELER, CREE EXTENSION and DUFFERIN prospects. Drilling will continue on most of those projects in 2002.

CIGAR LAKE's mining site preparation license has been issued to CAMECO (operator) by the CNSC (Canadial Nuclear Safety Commission) and is valid until August 31, 2004. CAMECO now assumes Care and Maintenance of the site and will continue details of the mine testing with the 20-some CIGAR LAKE MINING CORP employees transferring to the CAMECO Saskatoon offices on 11th Street. John Tosney, former President of CLMC has retired.

* Reserves, quoted in Saskatchewan Energy and Mines EXPLORATION AND DEVELOPMENT HIGHLIGHTS 2000, total 370 million pounds U3O8 at an average head grade of 11.5% (13.6% U3O8). 2001 reserve revisions have been refined to 231.6 million pounds U3O8 at an average grade of 15.44%, proven and probable, with total inferred resources adding 118.6 million pounds at an average grade of 116.92% U3O8.

* 2005 is now the CIGAR LAKE production forecast, pending authority approvals and positive corporate outlook then.

* COGEMA RESOURCES Inc reported January 6th five drills active at the McCLEAN AREA and one in the CIGAR LAKE AREA. The firm indicated in its December COMMUNIQUE plans to continue mining at CLUFF at least until May and milling is anticipated to continue through most of the rest of 2002. The operating license is currently in the process of being renewed and should exploration disclose new ore bodies rich enough to warrant the expense of construction of a new tailings facility, environmental assessments would ensue. 105 COGEMA employees are presently at the CLUFF site, with 60 permanent contract employees. 2001 production from the operation was anticipated to produce 3.2 million pounds U3O8.

At McCLEAN enough ore was stockpiled to feed the mill for 4 to 5 years. Earlier, the Canadian Nuclear Safety Commission had approved an application from GOGEMA to extend the operating license for McCLEAN for 4 years to August 31, 2005 and increase production to 8 million pounds.

* Mining at the SUE C orebody was completed by year-end and put on hold for two years. November 11, 2001 production records were set with 1,200,000 pounds (grading just over 10% U3O8) for the 24 hour period! Heavy equipment operators will be among 50 workers expected to be laid off, but mine crews will continue until March or April, 2002 to relocate the JEB and SUE C special waste stockpiles to the floor of the mined out SUE C pit. Mining could possibly recommence in a few years.

Milling continues with a two year stockpile, sufficient to keep the mill going until CIGAR and MIDWEST ore is ready. The McCLEAN LAKE MILL has a 40 year anticipated life.

DENISON Third Quarter Earnings totaled C$608,000 for the three months ending September 30, 2001. No earnings on a share basis were declared for the revenue of C$4.2 million from DENISON's 22.5% share of McCLEAN LAKE production. Uranium sales revenue this past quarter accounted for 8% of planned annual sales. Mining in the SUE C pit will continue to the end of 2001, when production will be placed on hold will sufficient ore stockpiled for the McCLEAN MILL for some four years milling.

ENERGY RESOURCES of AUSTRALIA (ERA and 68.4% owned by RIO TINTO) produced 789 t U3O8 (~1.72 million pounds) during the recent past third quarter from RANGER, and about 6.67 million pounds U3O8 so far.

Last year it produced 4114 tonnes of uranium oxide from the RANGER MINE in the Northern Territories. Resource estimates at JABILUKA were increased following 1999 drilling and evaluation from underground, to 163,000 t U3O8, or approximately 358.6 million pounds at an average grade of 0.52%. Tighter drilling patterns have reduced the proven/probable reserves however, to 71,000 t U3O8, approximately 156.2 million pounds of 0.51%. Plans to open JABILUKA have been placed on hold (see RIO TINTO, below).

HEATHGATE has been cleared by South Australian authorities to increase liquids flow to 80% of capacity at its Australian BEVERLY ISL. The firm earlier reported one drill on delineation and/or production most of the last year. Production continued from the site's two well fields. The staff is now at the full compliment of 53 persons. Chuck Foldenauer has returned to the United States for other endeavors and has been replaced by Mark Chalmers, former POWER RESOURCES management.

JAPAN's Central Research Institute of Electrical Power Industry has developed a 20.0 by 6.5 foot miniature nuclear reactor, the RAPID-L, using liquid lithium-6 as a coolant. The small size and automatic shut-down capabilities will see use for remote areas and urban locations such as Tokyo Bay which cannot be easily connected to a power grid.

* JNR RESOURCES' Rick Kusmirski reported no drilling in January but one rig at MOORE LAKE is planned to commence in February.

The firm earlier reported a drill active at their GREYWACKE gold property. The site, with disseminated sulphidic gold values estimated at 328,000 tons of 0.27 opt gold is located 90 kilometres northeast of LaRonge, Saskatchewan within the Proterozoic McLean Lake belt. The rocks include arkoses of the McLennan Group, the McLean Lake quartzo-feldspathic gneisses, amphibolitic calcsilicates and locally pegmatitic granite.

Current results indicate 0.67 opt over 13.6 feet (22.9 grams/ton) and results via metallic screening, which eliminates the nugget effect, of 0.76 opt. JNR's web site has the details at www.jnrresources.com.

MITSUBISHI HEAVY INDUSTRIES LTD will investigate PEBBLE BED MODULAR REACTOR possibilities of using helium-powered turbine generators in the process.

NORTHERN CONTINENTAL at the RUSSELL LAKE discovery reports the earlier drilling of 1,562.5 metres, located half way between McARTHUR RIVER and KEY LAKE, disclosed highs of 0.65 g/t uranium over 10 m and 1.54 g/t led, arsenic, nickel, copper, zinc and vanadium over 4.2 m. Four holes were drilled at the site. Earlier (1985) drilling showed 3.5% uranium for 0.3 m. Further drilling and down-hole geophysics will follow.

* PIONEER METALS, in a release dated January 16th, 2002 announced its shareholders approved the Plan of Agreement with UEX CORP. The firm and CAMECO October 24th announced formation of a publicly traded company, UEX Corporation. All of PIONEER's uranium exploration projects, including RIOU LAKE, will be transferred for 60% of UEX. CAMECO will transfer HIDDEN BAY "advanced exploration properties for a 40% interest in the new company. See release dated 1/16/02 for details, addendum.

* PIONEER reported late January plans for line cutting and field geophysics in February.

RIO TINTO at JABALUKA has placed a 10-year moratorium on uranium mining. For RANGER production, see ERA.

In South Africa at PALABORA (RIO TINTO 49.3%) Third Quarter production amounted to ~17,500 pounds U3O8 (compared to the similar period last year of ~74,000 pounds).Second Quarter production was down, at 42,000 pounds due to pit deepening, with the first half of 2001 production amounting to 23 t U3O8 (~51,000 pounds). Rossing production for the Third Quarter totaled ~1.73 million pounds.

* SOUTHERN CROSS had cleared all regulatory hurdles and approval of it's EIS by November 21, 2001 for the HONEYMOON ISL PROJECT from Australian authorities. November 26th Australian Senator Nick Minchin informed SOUTHERN CROSS that he would issue an export permit. SCR indicated plans to begin production late 2002 at a rate of 500t U3O8 (~1.1 million pounds) and double that in subsequent years.

Reserves at the site are estimated at 6,800 t U3O8 (~14.8 million pounds) at an average grade of 0.15%. Production costs have been estimated at less than $6.00 per pound.

* The firm will now seek funding for a new, larger plant following successful operation of the original feasibility demonstration and will proceed to full commercial production in 2002. Production costs are estimated at less than US $6.00 per pound. There was no drilling in January, according to Don Falconer, VP.

* STARFIELD RESOURCES at FERGUSON LAKE, near Rankin Inlet in Nunavut, reported Jaunary 14th renewed efforts to fund a drilling program to offset hole FL104-01 which discovered a new Pt/Pd trend with grades increasing to the west. The massive sulphide deposit is estimated to have reserves of over 60 million tonnes. Grades tend to increase westward along a narrow, high grade platinum-palladium horizon. Earlier, inferred resources at the site totaled 51.7 million tonnes grading 0.92% copper, 0.58% nickel and 1.44 grams combined platinum and palladium, based on a cutoff grade of 1% combined copper and nickel. For more information: investorrelations@starfieldres.com.

URANIUM EXPLORATION CORPORATION, "UEX", has been formed by PIONEER METALS CORP and CAMECO, announced October 24th. Directors of the new, publicly traded corporation will be Stephen Sorensen, Graham Thody and Peter Kalbfleisch, present directors of PIONEER, and Colin Macdonald, CAMECO's VP of Exploration. Sorensen will be CEO and President, owning 12.96% of the shares. All of PIONEER's uranium exploration projects, including RIOU LAKE, will be transferred for 60% of UEX. CAMECO will transfer HIDDEN BAY "advanced exploration properties" for a 40% interest in the new company. An annual exploration budget of $2 million is dedicated for work at the RIOU LAKE and HIDDEN BAY projcts.

* URANIUM HOLDINGS (a U.S. firm) had one rig doing exploration west of RABBIT LAKE during December, according to Klaus Thiel. No drilling was anticipated in January or the rest of 2002. PACIFIC AMBER is no longer in the uranium business.

WESTERN MINING CORP's Third Quarter uranium production of 1,409 tonnes U3O8, or ~3.08 million pounds was a record. The OLYMPIC DAM production could top 11 million pounds for the year, or nearly 5,000 tonnes U3O8.

OLYMPIC DAM uranium production contributes about 22% of the sites' earnings, as disclosed by WMC's November 21st announcement it will not accept an ALCOA INC bid of $10.20 per share. Instead WMC will separate its alumina and non-alumina entities to maximize shareholder value and encourage bids by RIO TINTO, BHP BILLITON and CAMECO. The firm will also study production expansion of OLYMPIC DAM to 400,000 to 500,000 tonnes copper, with resultant uranium recovery expanded to 20 million pounds, or double present production. www.wmc.com.au/waw/coppuran.htm

Disclaimer: Every effort is made to insure the contained scouting information is reliable by contacting responsible representatives within the industry. Verification of all the details within these reports is impossible, however, and no warranties, express or implied should be assumed by the reader.

R.D. Odell, CPG 7327,

Consulting Geologist/Minerals Scout

ADDENDUM:

International Uranium Corporation Announces Teaming Agreement With Washington Group International, Inc. to Pursue the Moab Tailings Project, VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 1, 2002-- International Uranium Corporation (TSE:IUC - news; the ``Company'') is pleased to report that it has entered into a teaming agreement with Washington Group International, Inc. (``Washington Group'') to submit an innovative technical and financial proposal to the U.S. Department of Energy ("DOE") to relocate the Moab uranium mill tailings to the Company's White Mesa Uranium Mill south of Blanding, Utah (see Figure 1). Washington Group, a leading international engineering and construction firm, was formed by the consolidation of Morrison Knudsen Corporation, Westinghouse Government Services Group, and Raytheon Engineers & Constructors. With more than 35,000 employees at work in 43 states and more than 35 countries around the world, Washington Group offers a full range of science, engineering, construction, program management and development services in 14 major markets. Additionally, Washington Group brings extensive experience in uranium mill tailings remediation programs through its role as construction manager from 1983 through 1999 for DOE's US$780 million uranium mill tailings remediation program at 22 sites.

The Moab uranium mill tailings pile, located at the former Atlas Minerals Corporation site, approximately three miles north of Moab, Utah (see Figure 1), is now under the control of DOE. The Moab tailings pile contains an estimated 13 million tons of mill tailings, mill debris, other contaminated soils and cover material. The location of the tailings pile adjacent to the Colorado River and an environmentally sensitive wetlands (see Figure 2), as well as the ongoing contamination of groundwater and seepage of pollutants into the river, have lead the DOE to investigate several alternatives for final remediation of the pile.

One alternative is to stabilize the tailings on-site through the use of an engineered rock armor cover. Although this appears to be initially less costly, a number of federal and state agencies, local business interests, downstream water users, and environmental groups are objecting to this final closure alternative. Concerns raised by some of the more than 30 million downstream users of the Colorado River, focus on the risk of continued long-term contamination of site groundwater and the Colorado River, as well as actual long-term costs for monitoring and maintenance.

In addition to the remediation in-place alternative, DOE is currently evaluating alternatives for relocating the pile to the White Mesa Mill using a slurry pipeline or to other potential relocation sites using alternative transportation methods. Based on a preliminary plan prepared by DOE, the cost for relocation to one of these other potential sites has been estimated by DOE to be between US$365 and US$450 million.

The Company and Washington Group believe that relocation of the Moab tailings to the White Mesa Mill has many economic, technical, and environmental advantages over in-place final closure or relocation to a new, unproven disposal site.

Relocating the tailings via slurry pipeline to the White Mesa Mill will enhance long-term environmental, social, and aesthetic values as well as public health and safety. Engineering on the project to date shows that utilization of proven pipeline technology, which has a long history of safe operations, will be the least disruptive to the local communities, enable the relocation to be completed faster, and, based on preliminary estimates, will be economically attractive compared to other relocation options being considered.

The Company and Washington Group have committed to provide to DOE a more detailed cost estimate in the first quarter of 2002 for the White Mesa Mill alternative, followed by a formal proposal to DOE to be submitted mid-year. Once DOE determines the preferred alternative and permitting and funding have been obtained, relocation of the pile will take several years to complete.

The combination of the Company and Washington Group creates a team with operating and engineering expertise, tailings management experience, remediation contracting expertise and an existing uniquely qualified disposal site at the White Mesa Mill. This puts the Company and Washington Group in an ideal and unique position to make an attractive proposal to DOE for this project.

Headquartered in Denver, the Company is engaged in the business of environmental remediation and other processing opportunities at the Company's White Mesa Mill. Further information on the Company can be obtained at www.intluranium.com.

This news release contains forward-looking information with respect to the Company's operations and future financial results. Actual results may differ from expected results for a variety of reasons including factors discussed in the Company's Management Discussion and Analysis section of its 2000 Annual Report.

ON BEHALF OF THE BOARD, Ron F. Hochstein, President

NOTE: Location map available from the company at the numbers listed below.

Contact: International Uranium Corporation

Sophia Shane, 604/689-7842 www.intluranium.com

CONTRIBUTING CONSULTANTS' NOTES

Regulatory Issues - January - 2002 Courtesy of Oscar Paulson

1. NUREG/CR-6733 A Baseline Risk-Informed, Performance-Based Approach for In-situ Leach Uranium Extraction Licensees

The Wyoming Mining Association (WMA) submitted comments on this document on January 14, 2002. This document has not been found online. Please contact R. D. Odell at rdodell@trib.com for additional information. For a copy of the comments please contact the Wyoming Mining Association (WMA) at wma@vcn.com

2. National Mining Association (NMA) Petition for Rulemaking on Nuclear Regulatory Commission License Fees for Uranium Recovery Facilities.

This petition for rulemaking was published in the Federal Register on Friday, November 2, 2001. Comments were due by January 16, 2002. A copy of the petition was attached to the November 2001 report. Letters in support of this petition for rulemaking were submitted by Wyoming's Congressional Delegation and the Governor of Wyoming. Copies of these letters of support are attached.

3. Nuclear Regulatory Commission's (NRC's) Standard Review Plan for Uranium In-Situ Mining Operations (NUREG-1569)

This document is under revision. It is being revised by John Lusher of the uranium recovery staff in Rockville, Maryland. A revised draft for review is scheduled for release in March 2002. This document is being revised in light of the recently released NUREG/CR-6733 - A Baseline Risk-Informed, Performance-Based Approach for In Situ Leach Uranium Extraction Licensees.

REG00035

URANIUM : WHO'S WHO & WHO WAS in Yellowcake

The Rocky Mountain Minerals Scout with the October, 2001 issue initiated an attempt to reach all uranium people for names and brief vitae for a unique uranium catalogue of personnel and achievements. The RMMS will appreciate three to four lines of your "WHO, WHAT, WHEN & WHERE", with areas worked in the past (years please), present status or availability for consulting.

While the Rocky Mountain Minerals Scout is essentially a consultant's report, free of advertising and in most cases, editorializing, this is your chance to make others aware of your availability or expertise. E-mail transmittals are preferred to facilitate recordation, but compiling will be involved in the annual catalogue, so please mail your $10.00 check to cover secretarial costs to: RMMS, 1547 South Jefferson, Casper, WY 82601.

The WHO'S WHO IN URANIUM will be posted monthly in the RMMS with new material. See the following listings. Thanks, RDO

CHENOWETH, BILL (W.L.), Mining Consultant and Uranium Expert on U.S. uranium, vanadium and the Colorado Plateau, available for mineral consultation and historical studies of the uranium industry. Call or Fax 970/ 242-9062. Grand Junction offices: 707 Brassie Drive (81506). Univ. New Mexico, M.S. Geology, 1953; Wichita St. Univ. B.A., Geology, 1951.

FINCH, WARREN I., Scientist Emeritus USGS, available for private consultation for regional uranium favor ability and resource assessments, worldwide experience [includes IAEA missions to Indonesia, China and Argentina] in uranium geology since 1948. Office: 455 Dover St., Lakewood, CO 80226, PH 303/233-3372, FAX 303/202-9439, EM purpfinch @aol.com, Graduate study CSM Golden 1958-59, MS Geology University of California at Berkeley 1954, BS Geological Engineering SDSM&T Rapid City 1948.

HARRIS, RAY: Wyoming State Geological Survey Industrial Minerals and Uranium Geologist, 1982-present: WSGS, PO Bx 3008, University Station, Laramie, WY 82071-3008 rharri@wsgs.uwyo.edu Univ. Wyoming BA Geology 1969, -MS Economic Geology 1982. Post graduate studies at Rice Univ., Colorado School of Mines and Mackay School of Mines. WSGS office: 307/766-2286.:

HEALEY, CHRIS, Uranium Exploration through Reserves, Geologic Consulting offices at 1820 w 50th Casper, Wyoming 82604, Ph 307/472-3399 Experience: CAMECO, 1978-99, INCO, 1968-78. Education: Univ WALES, SWANSEA, Bsc Geol & Geography 1968.

HENDRICK, DALE M.: 111 Richmond St. W., #901; Toronto, Ontario M5H 2G4 Ph:416/955-8630 E mail: dalem@istar.ca

MAXWELL, ROBERT D. Mineral Property Evaluation Specialist in Uranium, Coal and Industrial Commodities with offices in Casper, Wyoming (82609) at 2215 E.7th st, #15. Ph 307/472-6629 or cell ph # 307/262-6867, E-mail: mpe@vcn.com Experience: Kerr McGee, Conoco, Wyo Minerals Corp, Dames & Moore, Rio Algom: Geologist, BS, Geol,'64: Texas Western (now UTEP); MBA,'91 Univ Colorado.

ODELL, BOB (RD), Exploration Geologist and Rocky Mountain Minerals Scout, Univ New Mexico, BS'51, Uranium areas worked: Smith Lake, NM; Shirley Basin and Powder River Basin, WY. 307/266-1392, E: rdodell@trib.com

OGRYZLO, PAUL: Geologist: Saskatoon offices at 53 Churchill Ct, Saskatoon, Sask S7K 3W9: fax 306/652-4092 for United States or Canadian work.

PAULSON, OSCAR: Web Site Design and Internet Consultant, specializing in AutoCad to web graphics conversions, RealVideo, Java applications and framed sites. PO Box 1043, Rawlins, WY 82301-1043, Ph 307/324-5617 E mail: oscarp@trib.com

PELIZZA, MARK S., President, HRI, Inc, New Mexico subsidiary of URANIUM RESOURCES, 1988 to present; Environmental Manager and VP, URANIUM RESOURCES, 1980-1997: Environmental Engineer, UNION CARBIDE, 1978-1980; Colorado School of Mines, M.S. Geological Engineering. 972/618-5780, Plano, TX.

POOL, TOM: Mining Consultant, V-P Engineering, NUCLEAR FUELS CORP (General Atomics), formerly President, International Nuclear (1995-2000), previously with NUEXCO (1985-1995), Dames and Moore, Robertson Group (1975-1985); Sherman Silver (Leadville, 1973-74), NORAD Expansion Project (1971-72). E.M degree, Colorado School of Mines, 1968

SMITH, R.B., Geologist: uranium, coal and gold consulting offices, Wimberly, TX., One Country Lane, 78676, 512/847-9770, E: 321@austin.rr.com

SNOW, CHARLES D., Consulting in Uranium & Gold from offices at 4725 Travis Way, Reno, NV 89502 (Ph 775/825-3699) and in Ivins, Utah 84738 (Ph 435/628-3895). Experience: PATHFINDER MINES CORP, 1955-1986. Geologist: BS, Geol, University of Utah, 1952

January Listings:

FALCONER, DON: SOUTHERN CROSS RESOURCES, VP of Corporate Development and Director since 1996, HYDRO ELECTRIC executive previously. BS degree in English and Economics, MS in Environmental Studies E:dfalconer@southerncrossres.com

ROCKY MOUNTAIN MINERALS SCOUT

R. D. Odell, Geologist * AIPG 7327, WyPG 1850

1547 South Jefferson,- Casper, Wyoming, 82601 (307) 235-5408

PROFESSIONAL MEETINGS

AIPG, Casper Section of American Institute of Professional Geologists , February 13, 2002 (11:30 am) luncheon meeting at the Casper Petroleum Club will listen to John Wickman with an update on his "Rocket Research" and recent political developments. March 13th Don Basko, retired director of the WOGCC, will give us an update of Gas Pipe Line Infrastructure, Wyoming. April 10th Bob Maxwell will repeat his presentation given at the Houston AAPG March 10 convention: "URANIUM RESOURCES and AVAILABILITY". Call Odell at 266-1392 for reservations the day before the meetings.

CENTRAL WYOMING SME SECTION will meet at the Casper Petroleum Club, 5:30 February 21st, with dinner now at $20.00 per. The speaker will be Bill Kearney, talking on "ISL, URANIUM". For reservations call SME Secretary Bob Maxwell at 307/472-6629.

SOUTHWEST WYOMING SME has scheduled no February meeting since the Section meets every-other month. The March meeting will feature Dan Hausel of the Wyoming Geological Survey speaking on "Gem Stones of the Area". The meeting will be at 6:00 pm. Call Rich Malone at Wyoming Analytical Labs in Rock Springs or Deana Younker at 307/872-7158, for location and dinner reservations (now at $25.00).

CENTRAL NEW MEXICO SME will meet Thursday, February 21st 5:30 pm at the Albuquerque Radisson Inn, 1901 University Blvd to hear a presentation by Dr. Paul H "Hardrock" Johnson, President of HYDROMET Processing Development Co. The subject will be "My Adventures in the Mining Industry". For dinner reservations ($18.00) call George Austin in Socorro at 835-5230 and in Albuquerue, Grants and Santa Fe, call Jim Greenslade at 822-7920.

COLORADO PLATEAU SME will meet February 16th, 2002 at 11:30 am at the Bookcliff Country Club, 27730 G Road in Grand Junction for a program as yet unconfirmed. Call Bill Chenoweth, 970/242-9062 for details and reservations.

Colorado RAMS (RAGGED ASSED MINERS) meet at 11:15 am every Friday at STARVIN-ARVINS in Grand Junction, Colorado, in the Horizon Drive Ramada. No reservations are needed.

ROCKY MOUNTAIN MINERALS SCOUT

R. D. Odell, Geologist * AIPG 7327, WyPG 1850

1547 South Jefferson,- Casper, Wyoming, 82601 (307) 235-5408

E: rdodell@trib.com

2002 CALENDAR

Feb 10-13 28th Annual Conference on Explosives and Blasting Technique, Las Vegas, NV: International Society of Explosives Engineers, 30325 Bainbridge Rd, Cleveland, OH 44139 Ph 440/349-4400 www.isee.org

Feb 12-14 Investing in African Mining, conference, Holiday Inn, Cape Town, South Africa: International Investing Conferences, 6310 Sunset Drive, Miami, FL 33143-4823 Ph: 305/669-1963, 800/282-7469 Fx:305/669-7350 E: iiconf@iiconf.com

Feb 25-27 SME Annual Meeting and Exhibit, Phoenix (AZ) Civic Plaza: SME Meetings Dept, PO Bx 277002, Littleton, CO 80127-7002 PH:800/763-3132, FX:303/979-3461, Web: www.smenet.org

Mar 10-13 AAPG Annual Convention, Houston, Texas: Gen Chmn Jeffrey W. Lund, KERR-McGEE CORP, 16666 Northchase, Houston, TX 77060 Ph: 281/618-6910 E: jlund@kmg.com

Mar 10-13 PROSPECTORS and DEVELOPERS ASS'N & Canadian International Trade Show, Metro Toronto Conv. Ctr, Toronto, Can: PDAC, 34 King St. East, Suite 900, Toronto, Ontario M5C 2X8 Canada PH 416/362-1969, EM info@pdac.ca Web: www.pdac.ca

Mar 17-21 16th International Solvent Extraction Conf., Cape Town, South Africa: Conference Secretariat, Private Bag X3015, Randburg 2125 South Africa Ph:2711/709-4255 E:isec2002@mintek.co.za

Mar 22 Deadline, Call for Abstracts: 2002 Rocky Mountain Section Meeting, AAPG, Laramie, Wyoming September 8-11 "The Resource-Full Rockies" General Chairman: Randi S. Martinsen, Institute for Energy Research, Department of Geology and Geophysics, University of Wyoming, Laramie, WY 82071-4068 Ph:307/766-4858, Fx:307/766-2737 E: randmart@uwyo.edu

Mar 27-30 National Earth Science Teachers Association Annual Meeting, San Diego, CA: NESTA Meetings, Florida Ave, NW Washington, DC 2009 Ph: 202/462-6910, E: fireton@kos-mos.agu.org

Apr 14-16 GLOBAL EXPLORATION 2002, Denver, CO: Society of Economic Geologists, Christine Horrigan, 7811 Shaffer Parkway, Littleton, CO 80127 Ph 720/981-7210, E mail: SEG2002@segweb.org