American Atomics Inc. holds the Blue Streak Project in Montrose County, Colorado, a uranium and vanadium property within the Uravan Mineral Belt. The project is an advanced exploration and resource definition effort rather than an operating mine, with the technical report effective May 3, 2026. The property consists of mining claims in the Bull Canyon District, where mineralization occurs in Salt Wash sandstone units. The company has not stated a production timeline or construction schedule for any future processing facility, and the technical report does not identify a development decision.
Critical Data
| Parameter | Value | Unit | Notes |
|---|---|---|---|
| Project name | Blue Streak Project | Not applicable | Montrose County, Colorado |
| Commodity | Uranium, vanadium | Not applicable | Salt Wash sandstone hosted |
| Owner | American Atomics Inc. | Not applicable | Technical report effective May 3, 2026 |
| Development status | Exploration stage | Not applicable | Not an operating mine |
| Historical regional mills | Union Carbide (Umetco), Uravan, Colorado | Not applicable | Previously processed Bull Canyon material |
| Historical regional mills | Climax Uranium mill, Grand Junction, Colorado | Not applicable | Previously processed Bull Canyon material |
| Historical regional mills | Slickrock, Colorado | Not applicable | Previously processed Bull Canyon material |
| Historical regional mills | Atlas mill, Moab, Utah | Not applicable | Previously processed Bull Canyon material |
| Operating regional mill | White Mesa Mill, Blanding, Utah | Not applicable | Only mill still operating; owned by Energy Fuels Inc. |
| White Mesa process | Sulfuric acid leaching, solvent extraction | Not applicable | Extracts uranium, vanadium, rare-earth oxides |
| Reported recoveries at White Mesa | Greater than 96 (uranium), greater than 70 (vanadium) | Percent | Similar Salt Wash material from La Sal Trend, Utah; per Peters, 2014 |
| Regional mill under refurbishment | Ticabo Mill, Ticabo, Utah | Not applicable | Anfield Corporation announced and commenced refurbishment |
| Other regional milling activity | Sweetwater Mill, Wyoming | Not applicable | Acquired by UEC; currently non-operational |
| Other regional milling activity | Pinion Ridge Mill, Paradox Valley, Colorado | Not applicable | Western Uranium and Vanadium Corp. plans to re-license |
Overview
The Blue Streak Project technical report includes a recovery methods section that describes the regional milling landscape rather than a site specific processing flowsheet. The report does not present test work or pilot plant results for Ore from the Blue Streak property itself. Instead, Section 17 of the report summarizes where mineralized material from the Bull Canyon District has historically been processed and which mills remain available or are being brought back online.
Mineralized material from the Bull Canyon District has a track record of successful processing at several mills in the region. Those facilities include Union Carbide's Umetco mill at Uravan, Colorado, the Climax Uranium mill in Grand Junction, Colorado, the mill at Slickrock, Colorado, and the Atlas mill at Moab, Utah. The most recent facility to handle this type of material is the White Mesa Mill in Blanding, Utah.
Key Process Stages
The White Mesa Mill is the only facility named in the report that continues to operate. The mill's flowsheet uses sulfuric acid leaching followed by solvent extraction to recover uranium, vanadium, and rare earth oxides. The report notes that the mill's ownership changed over time. When Nuvemco shipped a bulk sample from the Blue Streak project, Denison owned the facility. Energy Fuels Inc. currently owns and operates it.
The report includes a recovery figure attributed to Peters, 2014, for similar Salt Wash material from the La Sal Trend in Utah processed at White Mesa. That source reports recoveries greater than 96 percent for uranium and greater than 70 percent for vanadium. The report presents this as a reported value from an external reference, not as a design basis or guaranteed performance for Blue Streak material.
Several other milling entities appear in the regional picture. Anfield Corporation has announced and commenced refurbishing the Ticabo Mill in Ticabo, Utah. UEC acquired the Sweetwater Mill in Wyoming, which is currently non operational. Western Uranium and Vanadium Corp. has plans to re-license the Pinion Ridge Mill in Paradox Valley, Colorado.
Additional Interesting Data and Summary
The technical report's recovery methods section offers a snapshot of milling capacity relevant to Salt Wash uranium vanadium mineralization in the Colorado Plateau region. The historical record shows that Bull Canyon District material was successfully processed at multiple mills over time, which indicates the ore type has been amenable to conventional processing routes. The closing of most of those mills leaves the White Mesa Mill as the sole operating facility in the region that has handled comparable material.
The report does not commit to a specific processing route for Blue Streak material. It does not provide capital or operating cost estimates for a mill, and it does not state whether the project would ship ore to an existing facility or develop its own. The regional context matters because the availability of milling capacity influences how a project might move forward, but the report leaves those decisions open.
The recovery values from the La Sal Trend processing at White Mesa are encouraging on their face, but they come from a 2014 reference and describe material from a different trend within the same Salt Wash host rocks. The report uses the word "reportedly" when presenting these figures, which signals that they are secondhand information rather than results from Blue Streak samples. The bulk sample that Nuvemco shipped to White Mesa is mentioned in the report, but no recovery results from that specific shipment appear in Section 17.
The status of the regional mills varies widely. The White Mesa Mill operates today. The Ticabo Mill is being refurbished. The Sweetwater Mill sits idle. The Pinion Ridge Mill awaits a re-licensing effort. The older mills at Uravan, Grand Junction, Slickrock, and Moab have closed. For a project like Blue Streak, the milling question is not about historical capability but about which of these facilities might be available when production becomes economically justified.
Key Processes
- Sulfuric acid leaching used at White Mesa Mill to extract uranium, vanadium, and rare earth oxides
- Solvent extraction used at White Mesa Mill to recover and concentrate uranium, vanadium, and rare earth oxides
- Historical processing of Bull Canyon District material at Union Carbide's Umetco mill at Uravan, Colorado
- Historical processing of Bull Canyon District material at Climax Uranium mill in Grand Junction, Colorado
- Historical processing of Bull Canyon District material at the Slickrock, Colorado mill
- Historical processing of Bull Canyon District material at the Atlas mill in Moab, Utah
- Reported recoveries greater than 96 percent uranium and greater than 70 percent vanadium for similar Salt Wash material at White Mesa Mill per Peters, 2014
Source: BLUE STREAK PROJECT TECHNICAL REPORT MONTROSE COUNTY, COLORADO, May 3, 2026. Project website: Blue Streak Project
