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PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2014

4. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net of accumulated depreciation, on the balance sheet consists of:

	March 31,		December 31,
	2014		2013

Uranium plant	$	9,312,622	$	9,343,846
Mineral rights and properties	19,749,754		19,749,754
Vehicles/depreciable equipment	1,465,239		1,530,084
Other property, plant and equipment	212,379		217,215
Total	$	30,739,994	$	30,840,899

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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