Print this pageNew Horizon Uranium Corporation is a uranium exploration and development company founded in October 2005. The company began trading April 17, 2007 on the TSX-V under the symbol NHU-V.
New Horizon is the operator of two joint ventures in Converse County, Wyoming. The ventures control more than 11, 000 acres on the White River Formation. The Company intends to explore and develop this project area and further investigate if it has potential to for In-Situ Recovery ("ISR") operations. The Summit Project in San Miguel County, Colorado is 100% owned by New Horizon covers approximately 6,900 acres and is being developed as an underground mine. The project is within 50 miles of a licensed uranium mill in Utah (Denison – White Mesa) and 25 miles of a planned mill in Colorado (Energy Fuels – Pinon Mill). Additional exploration opportunities are being investigated in Colorado, Utah, New Mexico, Texas, and South America.
With its royalty agreement and ownership stake, International Royalty Corporation is a key partner for New Horizon. New Horizon and International Royalty often collaborate on business opportunities within the uranium industry. George S. Young, General Council for International Royalty is a New Horizon director, serving as Chairman and Chief Executive Officer. Dr. David R. Hammond, Vice-President of Strategic Planning for International Royalty also serves as a New Horizon director.
Corporate Strategy:
New Horizon will utilize its strong corporate, engineering and exploration team to acquire, explore and, if warranted, develop uranium mineral properties in North America and South America. The combination of an experienced team and a mix of project and deposit types will enable New Horizon to accelerate development while managing the associated environmental and economic risks.
Mission Statement
Provide sources of the world’s future nuclear energy supply through responsible exploration and development of high-value recoverable uranium deposits.
Statement of Values
- Concentrated exploration in and development of its core properties in Wyoming and the Colorado Plateau
- Seek out new uranium exploration properties through its access to data bases, industry contacts and historic understanding of the uranium industry
- Develop short-term and long-term uranium production opportunities through a diversified property portfolio consisting of existing properties and new properties
- Identify high potential grassroots exploration projects outside the United States
- Conduct all the firm’s activities with high environmental, social and ethical standards
- Drill for pounds