Bancroft Uranium is building on a successful exploration drilling program conducted on its Monmouth Uranium Project in the 1960’s. In 1968 previous owners estimated reserves of 1,800,000 pounds of U3O8. The deposit was never exploited due to low uranium prices. Today nuclear power generation is on the rise, sending uranium demand and prices to new heights and making uranium production economically advantageous. Bancroft Uranium is conducting a drilling program to confirm and expand the historically identified uranium resource at Monmouth, which at today’s prices could be worth approximately $117,000,000 or more, if uranium prices continue to move higher with increasing demand.
With Bancroft Uranium, investors can participate in the growing market for
uranium with a proven team of resource industry experts focused on profitable
development of a portfolio of high potential uranium projects.