No worries Marco
I am amazed at the potential!
Some further info on the value of this project, for any that are interested:
"Kerr McGee spent some $17,500,000 (1970 costs) on the Rio Puerco uranium mine property during the decade of the 1970's. We have logs and maps of more than 2,320 drill holes …. or $13,000,000 in drilling alone. Some $4 million was spent in placing the 850' deep mine into production with attendant costs of overhead, etc. The well, the mine shaft and air vents are all cased and in good condition.
There is also an NMPM power line of 4 Mw capacity servicing the property at this time; however electrical service has been discontinued since 1984."
I notice although this is an underground mine, they also state:
“Research in our mine area is needed to prove the viability of producing the uranium reserves by in situ leaching methods currently being used in other uranium areas of the U.S.”
If the BFS shows ISL to be viable (remember this is new technology since the '60's), Then it becomes even more attractive economically
cheers
UKL
uranium king limited
