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Target Exploration & Mining: More Than a Survivor in the Uranium Junior Market

Posted by pgrandich at 8:00 AM on Wednesday, September 24th, 2008

Target Exploration has been drilling its uranium project in the Shirley Basin of Wyoming since the beginning of June 2008 and has had nothing but great results.  The Bootheel project continues to prove itself as one of the up and coming great uranium projects.  The key factors behind Bootheel’s and, in turn, Target’s success are:

• being perfectly located in an established and growing uranium district;

• being designed for near term production with its number of pounds and its In-Situ Recovery (ISR) potential;

• having a successful 2008 drill program; and

• having knowledgeable and experienced professionals with both exploration and mining backgrounds.

Location, Location, Location

When developing a uranium mine, location obviously plays a huge role.  Bootheel, Target’s flagship project, is located in uranium-mining-friendly Wyoming.   Wyoming has already produced close to 200 million pounds of uranium and currently has two producing ISR mines.  Several more deposits are in the permitting stage and slated for production within the next couple of years.  Target couldn’t be better situated!

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Target Exploration Update

Posted by pgrandich at 9:14 AM on Monday, September 15th, 2008

Target Exploration (TEM-TSX-V $.22) - Target has had a very eventful few months.  They have been successfully drilling their uranium project in the Shirley Basin of Wyoming and not only confirming historic grades and thicknesses, but also expanded the limits of the known mineralization.  Their project is perfectly situated in an established and growing uranium district.  They currently have an 11 million pound historic uranium resource in an area of the world where I’m told only 5 million pounds are needed to go into production.  The Target team is comprised of knowledgeable and experienced professionals with both exploration and mining backgrounds – the right team to get to production. I will be writing a complete update shortly, so keep an eye out for that.