OrbitonOpen research workspace →
Manhattan Uranium logo

Manhattan Uranium

TSXV:MANULive AI agent

Manhattan Uranium is focused on powering North America's energy independence through a strategically scaled uranium portfolio that combines assets from the U.S.

Investor website: https://manhattanuranium.com/

About

Manhattan Uranium is focused on powering North America's energy independence through a strategically scaled uranium portfolio that combines assets from the U.S. Colorado Plateau, Nevada past production, and exploration potential in the Athabasca region. The company aims to support the rebuilding of U.S. uranium supply, aligning with policy momentum around uranium as a critical mineral and strategic energy resource. With a portfolio that includes multiple past-producing mines and extensive historical exploration data, Manhattan Uranium is positioned for growth and value creation. The management team possesses significant uranium technical expertise and public-market experience, enhancing project advancement and capital execution. The company operates across key North American uranium districts, including 15 past-producing mines across 25 projects, covering over 25,000 acres in Utah, Colorado, and Nevada.

Verified company data

Cash position
$12.3M
Shares outstanding
110080518
Fully diluted shares
152767185
Mineral resource
Known resources of 1.34 billion pounds U₃O₈ in the Athabasca Basin, which is home to the largest and highest-grade uranium deposits in the world. Over 900MM lbs of U₃O₈ produced.
Projects
["Strike Project: Numerous uranium showings at surface identified between 1950’s and 1980’s. 14 targets identified to start including 11 new targets and 3 follow ups ready for drilling with more expected. Shallow intersections between 60 and 105 m below surface. First drilling of EM conductors by Fortune Bay Corp intersected anomalous uranium in 3 of 9 holes. Unconformity-Style mineralization confirmed at the Tena Zone with 1,000 tons mined in the 1950’s at reported grades of 0.6 to 3.5% U₃O₈. Historic exploration information obtained from Saskatchewan Mineral Deposit Index. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s property.","Murmac Project: Dozens of uranium showings at surface and an 18M lbs U₃O₈ past producer at the Gunnar Mine. Multiple conductor trends with 50+km of strike that is largely unexplored for basement-hosted vein deposits like Arrow and Triple R. Several radioactive ground water springs up to 15,000 counts per second above untested or poorly tested EM conductors. Shallow uranium intersections between 20m and 150 m below surface. 5,000m drill hole program has commenced. Historical results have not been verified and there is a risk that any future confirmation work and exploration may produce results that substantially differ from the historical results. The Company considers these results relevant to assess the mineralization and economic potential of the property. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s property.","Northern Uravan District: One of the largest uranium producing areas in the United States, having produced more than 80 million pounds of U₃O₈ and over 400 million pounds of V₂O₅. Portfolio includes the Eula Belle, King Pin, and October projects, all located within the Northern Uravan District. Eula Belle carries historical estimated Minable Reserves of 43,900 tons containing 219,500 pounds U₃O₈ at 0.25% and 780,200 pounds V₂O₅ at 0.90%. King Pin and October are well advanced with historic company reports and sub-surface data.","Eula Belle Project: The Eula Belle was the leading uranium producer among the hundreds of mines in the historic Uravan district — recovering 1,588,000 pounds U₃O₈ at 0.248% between 1962 and 1978. Today, 31 claims in the western portion of Montrose County cover much of that historical mine ground. Union Carbide Corp. ('UCC')'s 1989 reserve records indicate historical estimated Minable Reserves of 43,900 tons containing 219,900 pounds U₃O₈ at an average grade of 0.25%, and 780,200 pounds V₂O₅ at 0.90%. UCC also estimated an additional Potential Resource of 37,000 tons including 135,000 pounds U₃O₈ at 0.25% and 666,000 pounds V₂O₅ at 0.90%.","King Pin Project: The Company is continuing analysis and confirmation work to define additional historical uranium and vanadium reserves and resources across the portfolio of projects, all of which have been past producers. The Company has reports, drill hole and mine maps as well as reserves and resource estimates for a majority of the additional properties.","October Project: The Company is continuing analysis and confirmation work to define additional historical uranium and vanadium reserves and resources across the portfolio of projects, all of which have been past producers. The Company has reports, drill hole and mine maps as well as reserves and resource estimates for a majority of the additional properties.","Apex Uranium Project: Past producing uranium mine: Apex mine – producer of over half Nevada’s all-time Uranium output. Regionally high grades: historic production at ~0.25% U₃O₈; bulk samples reported up to 0.70%. Significant infrastructure: 2,600 feet of underground development on three mining levels. High grade indications: surface samples reported up to 1.00% U₃O₈; 3 km of uranium showings. Significant Historic Intercepts due for Follow Up: 34.1m of 0.37% U₃O₈ (HOLE 7A), 15.2m of 0.51% U₃O₈ (HOLE 17). Drill Permits In-Hand for up to 7 drill pads."]
Leadership
William Sheriff (Chairman, Uranium industry leader with over 40 years of experience across the minerals and securities industries, including significant capital raises, M&A and corporate development. Executive Chair/Founder of enCore Energy, former Co-founder and Chairman of Energy Metals, acquired by Uranium One in a US$1.8 billion transaction.), Galen McNamara (CEO & Director, Mining executive, entrepreneur and professional geologist with 20 years of discovery and capital markets experience across uranium exploration, project advancement and public markets. Former Senior Project Manager at NexGen Energy, Co-founder of Silver47 Exploration Corp.), spencer maclean (president, Capital markets professional with over a decade of experience spanning equity and debt financings, M&A, and corporate strategy, with a focus on junior mining and natural resources.), Garrett Ainsworth (Director, Accomplished geologist and mining executive with 20+ years of experience, recognized for significant mineral discoveries and more than $300M raised throughout his career. Formerly VP Exploration & Development at NexGen Energy and VP Exploration at Alpha Minerals.), John Hamrick (Director, Metallurgical engineer with 40+ years of experience in uranium, copper and tungsten milling, with expertise in metallurgy, permitting, EHS and process optimization. Former senior leader with Umetco Minerals Corporation, Energy Metals Corp. and Cotter Corporation.), Grace Marosits (director, Chartered Professional Accountant with 20+ years of management experience across public-company reporting, governance, controls and compliance. Former CFO of NexGen Energy Ltd.), Carson Halliday (CFO, Finance professional with more than a decade of experience in financial reporting, public-company advisory and compliance, primarily across the mining sector. CFO of Manhattan Uranium Discovery Corp.), Douglas Underhill (chief geologist, Consulting economic geologist and internationally recognized uranium expert with 50+ years of global discovery and exploration experience, including 40+ years focused on uranium. Formerly served as Chief Geologist at enCore Energy Corp.), Dennis Bartow (ADVISOR, Nearly 30 years of U.S. defense and national security experience. Critical minerals advisor focused on U.S. government financing and supply chains)

Verified data last updated:

Recent filings

Investor FAQ