The Chord Property, located in Fall River County, consists of 22 unpatented lode mining claims covering 440 total acres. Previous operators include Union Carbide and Tennessee Valley Authority (TVA). The uranium mineralization occurs within sandstones of the Chilson Member of the Cretaceous Lakota Formation.

Depth to the mineralization is less than 300 ft. A vanadium credit of 1:1 to 1:2 parts uranium is present. Based on significant exploration drilling, an indicated resource of 3.8 million lbs U3O8 was defined, with an additional potential of 11.8 million lbs U3O8 inferred for a total resource of 15.6 million lbs U3O8.