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Australian company buys Wyoming drilling database

Associated Press - October 25, 2009 2:05 PM ET

GILLETTE, Wyo. (AP) - An Australian company that wants to mine uranium northeast of Gillette has purchased a historic drilling database of the area.

Peninsula Minerals Limited paid $1 million for the "Moorcroft Database" that contains geologic maps and technical drilling reports completed in the 1970s and 1980s and that's based on more than 5,000 drilling sites.

Ur-Energy, based in Littleton, Colo., in a press release says it sold the database.

Peninsula Minerals holds mineral rights on about 23,000 acres in the area.

Information from: The Gillette News Record - Gillette, http://www.gillettenewsrecord.com

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