PEN 1.15% 8.6¢ peninsula energy limited

if i was cameco, page-13

  1. 1,868 Posts.
    The porosity and permeability results compare very well with the historic testing conducted by
    Is this it HS? Part of the announcement!

    http://www.infomine.com/index/pr/Pa779338.PDF


    the NuBeth JV in the Ross area in 1976 and 1977, adding confidence to its accuracy and to
    Peninsula’s goal of developing the Lance ISR Project.
    The mineralised sandstone units commonly contain thin (one foot or less thick) splits of siltstone
    and shale with low permeability’s. Hydrologic testing by the NuBeth JV showed that these
    discontinuous shale splits do not significantly affect the permeability of the sand units, and
    tend to increase the ratio of horizontal to vertical permeability, which is advantageous in
    helping control the flow of solution during ISR mining. This is typical of uraniferous sandstone
    units in Wyoming. The permeability of the sandstones tested, commonly over 2,000 mD (and up
    to over 5,000 mD) meets or exceeds that of nearby ISR Projects currently operating or being
    developed.
 
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