PEN peninsula energy limited

aoth - wyoming, uranium and other, page-5

  1. 8,839 Posts.
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    Purd

    Trying to track down some numbers on URZ's projects...

    Re the reserves/resources:

    "These mineral resource estimates are based on a grade range of <0.01% to 2.65% with a grade cut-off of 0.03% and grade-thickness(1) ("GT") cut-off of 0.20."

    versus PEN (July resource upgrade):

    "(The JORC resource is reported above a lower grade cut-off of 200ppm and a GT of 0.2)."

    As others have said that many times it's not funny ISR is all about GT not grade....
 
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