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PROSPECTOR FREEDOM MINES

Project Overview

Terra Clean Energy has entered into a letter of intent to earn up to a 100% interest in the Prospector Freedom Mines Project, located in the historic Marysvale Uranium District of Utah.

The property covers 39.5 hectares and consolidates four past-producing mines—Prospector 1 & 4 and Freedom 1 & 2—which historically functioned as the primary production hub for the entire district.

This acquisition secures a high-grade US asset with significant infrastructure in place and confirmed exploration upside.

"This project offers significant upside as it is clear these old mines were abandoned in the 1970's due to a uranium market collapse not because they ran out of uranium to mine. We believe strongly that we can expand on the previous work through modern exploration technologies."

- Greg Cameron, CEO, President & Director

Project Highlights

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High-Grade Pedigree

The Marysvale district historically produced over 1.33 million lbs U₃O₈ at an average grade of 0.22%

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Dominant Production

The Prospector and Freedom mines accounted for over 75% of the district's total historic production

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Proven Depth Potential

Historic drilling in the 1970s confirmed that ore extends over 600 feet below the previous underground workings

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Strategic Infrastructure

Year-round access with proximity to power, water, and operating uranium mill in Blanding, Utah

Geological Setting

Confirmed Depth Extension

Historic drilling in the 1970s confirmed that ore continued at least 600 feet below the previous workings.

  • System Type: Classic epithermal vein-style uranium system.
  • Host Rocks: Granitic and volcanic rocks of the Belknap volcanic sequence.
  • Structure: Nearly vertical, northeast and east striking fissure veins.
  • Primary Control: Ore is located within the north-northwesterly striking, near-vertical Prospector Fault.
Geological Cross-Section of Prospector Freedom Mines
Geological cross-section showing the Freedom veins, Prospector vein, and fault structures

Looking Forward

  • Confirm historic depth extensions via step-out drilling.
  • Acquire and digitize all available mining/production data to build a 3D structural model.
  • Conduct air and ground-based radiometric surveys and trenching to refine targets.