Rose Petroleum plc

North La Sal

The North La Sal Property is a 320 acre mineral lease on state land located on the prolific La Sal Channel in southeastern Utah. The La Sal Channel is located in the Salt Wash Member of the Morrison Formation, which is the main formation for uranium-vanadium production on the Colorado Plateau. The property is located five miles west-northwest of the Pandora Mine, operated by Denison Mines, and adjacent to the Energy Queen Mine, which is held by Energy Fuels Resources.