Get ready..........US and Aus uranium tenements......and jorc compliance database
URANIUM PORTFOLIO
The Sundance uranium project in Wyoming is part of a larger portfolio of uranium tenements that the company has assembled over the past 12 months. PacMag’s existing uranium portfolio includes nine wholly owned licences and applications covering known uranium occurrences in South Australia and uranium endowed channels in the northern portion of the Yilgarn Craton located in Western Australia...
Conclusions
The Sundance project hosts significant uranium mineralisation, and the Company’s property holdings cover areas of potential for the discovery of additional uranium zones. The uranium mineral deposits in the area of Oshoto, where PacMag’s claims are situated, are amenable to in situ leaching, as demonstrated by the results of the pilot plant program undertaken by the NuBeth JV in the late 1970’s. Technical data covering the project including drilling database is owned by PacMag, which will facilitate conversion of the previous resources and reserve estimates to JORC compliance.
http://www.pacmag.com.au/aurora/assets/user_content/File/ASX%20Announcements%202007/6%20Feb%2007-Wyoming%20Uranium%20Project.pdf
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