The drilling begins

Posted by egable on July 31st, 2007 filed in Energy development

Denver-based Powertech Uranium Corp. announced today that it will begin prospecting for uranium in Weld County after the Colorado Department of Natural Resources approved its plan to drill test holes and wells. The company expects that 9.7 million pounds of uranium lie beneath the surface, based on historic drilling conducted at the project site by Rocky Mountain Energy Co. in the 1970s and 1980s.