Note that UXa confirms in response to today's speeding ticket: "The report noted that the Company has identified a new type of uranium mineralization with its in-house expertise." What precisely does this mean?
The Company made an announcement to the ASX on the 1 March 2006 stating - "Drilling to Commence on Seven Priority Targets". The seven prospects are all contained within the same `mineralised corridor' that hosts major resource discoveries such as BHP Billiton's Olympic Dam, Oxiana's Prominent Hill, and Teck/Cominco-RMG Services Pty Ltd recently discovered Carrapeteena project. The report noted that the Company has identified a new type of uranium mineralization with its in-house expertise.
UXA Price at posting:
0.0¢ Sentiment: None Disclosure: Held