TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Good Stuff..

Re: How Much is that Uranium Worth?

posted on May 12, 2009 08:13AM

Agreed - let's settle down. It's a good news report, and mzsmith took the trouble to look at the numbers and correctly pegged it. As-is, it's not mineable. But these are the first chemical analysis numbers we've had, and per Portee, it's very promising.

The results were 0.13% uranium. The next-door Cameco mine is averaging 24.76%. Cameco's average ore is 190 times more concentrated.

However, we haven't found our ore body. We've just found our first legit uranium. Not bad! Promises to be exciting.

Share
New Message
Please login to post a reply