This is where RRS is doing the deal in PUNO next this below company.
Vena Resources Inc. announces that it has staked 9,600 hectares of uranium concessions in Peru. These concessions are 100% owned by Vena.
Peru is well known for the variety and high grades of its mineral wealth and much of the country has scarcely been explored. The aquisition of these concessions is in keeping with Vena’s mission to become a pre-eminent developer of the mineral and social wealth of Peru.
In 1980 the Peruvian government, through its Atomic Energy group, completed an aerial survey of a large part of southern Peru to identify uranium occurrences. This work followed several studies in the 1950’s and 60’s that evaluated specific uranium occurrences in the Cuzco region.
These studies indicated that most uranium mineralization occurs as tobernite, a clear green and phosphorescent mineral which is a copper silicate containing up to 68% uranium. The metallurgical recovery of the uranium from this mineral is 90 to 94% with no mineral contaminants.
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