Actively seeking leasing and joint venture partners

first_imgRussell Industries is actively seeking leasing and joint venture partners to work its 255 Unpatented uranium and vanadium mining claims located in San Juan County, Utah, USA. “For the foreseeable future demand for uranium will grow far faster than the present world production. The successful nuclear power initiatives enjoyed by France and Japan are forcing other countries to evaluate their present dependence on coal and petroleum and their subsequent harmful environmental effects,” said Rick Berman, President and CEO, Russell Industries. In April 2007, Ron Hochstein, President and Chief Operating Officer of Denison Mines, was quoted in the San Juan Record  saying: “I foresee San Juan County being the centre of the uranium industry in the US long into the future.” The only federally-licensed and operating uranium mill in the US is White Mesa mill, owned by Denison Mines and it is located less than 50 km from any of the four claim ranges owned by Russell IndustriesRussell Industries is a Nevada Corporation that was incorporated in 1997. It is a holding company that will possibly acquire assets in the energy, mining, healthcare and financial industries.Russell Industries, Inc.Rick Berman, +1 832-631-6099Fax: +1 [email protected]last_img

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