Roca Honda Property, McKinley County, New Mexico

The Company holds a 4.0% Net Smelter Return (NSR) royalty, payable by Energy Fuels, on all future production derived from Section 17, Township 13 North, Range 8 West. This property parcel is a key component of their proposed Roca Honda mine. Energy Fuels retains the right to purchase this royalty from our Company for $5 million, prior to the commencement of production.

Roca Honda Map