Ashley Gold Signs LOI to Acquire Advanced Utah Uranium – Vanadium Asset

Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) has signed a non-binding Letter of Intent (LOI) to enter into an Option Agreement for the 100% acquisition of the Sahara Uranium-Vanadium Property located in Emery County, Utah.  The property is located 12 miles away from the town of Green River, Utah where Western Uranium and Vanadium (WUC) is in the process of permitting a processing facility for its San Rafael and Sunday Mine complex resources as well as third party processing.  First ore processing for the facility is expected in 2026. The Company is looking to rapidly advance the asset to provide future feed to the new proposed processing facility.

For more information, please visit: https://www.ferroalloynet.com/news/ashley_gold_signs_loi_to_acquire_advanced_utah_uranium__vanadium_asset.html