Monday, June 7, 2010

Russell Industries Increases Interest in Payday Mine Claims

Russell Industries, Inc.'s legal action against US Minerals, et al., to recover and perfect full title to all outstanding interests in its 60 Payday Uranium and Vanadium Unpatented Mining Claims was successfully completed last week. The claims are all situated in San Juan County, Utah. "The successful resolution of this matter will now enable us to seek the necessary strategic alliances needed to maximize the economic potential of these mining rights," said Rick Berman, CEO. Russell Industries is a developing alternative and renewable energy company. The Company is the majority owner of 255 unpatented Uranium mining claims in San Juan County in Southern Utah. MarketWatch