The present study was carried out across 10 different areas spread across Nainital, Champawat and Pithoragarh districts during the year 2015-2016. Total 34 potential areas were surveyed and 10 areas were selected where density of Cheura trees was above 40 trees ha^-1 and the spread of Cheura trees in at least 4ha.The sites were located between 850 and 1450 m altitude. The purpose of the study was to assess resource base and to evaluate the seed oil content of the species. The complete resource assessment and inventory was done for Cheura trees in the all studied areas. 200 permanent plots of 10×10 m² (20 at each site) were placed randomly in the study area. The circumference was measured with help of meter tape and height was measured with the help of Ravi Multimeter. The continuous extraction process was used for oil extraction using a soxlet apparatus and hexane which was used as a solvent. Across the sites density of the species ranged between 40 - 95 individuals ha^-1. The average fruit yield tree^-1 varied between 267.27 and 664.05 kg tree^-1 the seed yield varied 29.86 and 75.15 kg tree^-1 and kernel yield varied 17.11 and 42.11 kg tree^-1.. The average kernel oil content percent ranges between 46.69 ± 2.02 % and 64.24 ± 2.38 %. The areas have a potential to generate income varying between 0.34 and 3.13 lakh ha^-1.