American Future Fuel Corporation is a Canadian-based resource company focused on the strategic acquisition, exploration and development of uranium projects. The Company holds a 100% interest in the Cebolleta Uranium Project, located in Cibola County, New Mexico, USA, and situated within the Grants Mineral Belt, a prolific mineral belt responsible for approximately 37% of all Uranium produced in the United States of America. American Future Fuel’s Cebolleta Uranium project is an advanced exploration project with an historical resource estimate of 18.98 million pounds of U3O8.
The reliability of the historical estimate is considered reasonable, but a qualified person has not done sufficient work to classify the historical estimate as a current Mineral Resource and the Company is not treating the historical estimate as a current Mineral Resource).
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