Underground or Open Pit?

Late in 1954 exploratory drilling indicated a substantial orebody on the Rattlesnake claims of Woodmont Inc., a Continental Uranium Inc. subsidiary. Woodmont holdings are located about 35 miles southeast of Moab, Utah. Only a few miles north of Big Indian Valley and other Chinle-sand uraninite deposits, the claims are in an entirely different geologic environment. Detailed development drilling continued until the Deep North orebody was outlined, covering an area approximately 300 x 450 ft. All exploratory drilling and about 80 pct of development drilling was wet core. Chemical assays for each hole sample, applied at 1-ft intervals against the measured core length, were put into a conventional ore calculation formula. Forty-six holes were drilled to delineate the Deep North orebody.