VANCOUVER, BC / ACCESSWIRE / May 9, 2019 / Alba Minerals Ltd. (“Alba”) (TSX – Venture: AA / Frankfurt: A117RU / OTC: AXVEF is pleased to announce that it has entered into an agreement with Journey Exploration Inc. (“Journey”), a private arms’ length company, to acquire all of the issued and outstanding share capital of Journey. Journey holds a 100% interest in 5 prospective vanadium and uranium properties in Colorado and Utah. The properties are in and adjacent to the Uravan Mineral Belt in which extensive prospecting, exploration, drilling and ore production has occurred for vanadium, uranium and radium since 1881. All 5 of the properties involved in the agreement were significant producers of vanadium and uranium during the last century.
The Yellow Circle Property is comprised of 96 mineral claims in San Juan County, Utah, USA covering 2045.34acres (828 hectares) and located approximately 15 miles (24 km) southeast of Moab, Utah. The claims cover an area of previous mining where vanadium and uranium ores were produced from the Yellow Circle Group of Mines. The property is easily accessible from Moab by a 2-lane sealed highway and the area itself is readily accessible by roads, tracks and drill trails established by previous miners and explorers of the Yellow Circle Group of Mines. Many of the underground workings remain accessible as witnessed by the photographs (Figures 1 and 2), taken during a site visit to the property in April 2019.
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