Beacon Equity Research Featured Company: Urex Energy Corp. (URXE.OB)
Urex Energy Corp., a natural resource exploration and development company, explores and develops properties containing uranium minerals. URXE has acquired 100% of the mineral rights to two mineral uranium properties: the Rio Chubut Property, located in southern Ar-gentina, and the La Jara Mesa Property, located in Cibola County, New Mexico. These assets are surrounded by prospective mineral deposits that have been shown to contain large, undeveloped uranium reserves. The company owns a 100% interest in the Rio Chubut property, which contains 170,000 hectares of land. As of September 2008, URXE completed 88 drill holes (7,624 meters of drilling) on first…
