Here you go Eckford,
& For those new holders, to whom have accumulated BLR stocks over this most recent period, & contemplating the question
regarding the Grade quality of Black Ranges U3O8 Taylor/Hansen, here's a recent overview, of the High Grade
component within BLR's 90+Mill Lbs Resource.
To call the Hansen/Taylor, merely a 600ppm resource is a misguided judgement of resource quality.
Pay special note of the high Cut-off grade used on the outcome, of 750ppm.
May I also add that the " Ablation Technology " component is the game changer development for BLR & in general the whole
Uranium Industry focused on Sandstone hosted deposits, of which near 19-23% of the worlds known Uranium deposits sandstone hosted.
LINK About a quarter of the world’s identified uranium resources are of sandstone— these are distributed across 500 deposits
reported in some 40 countries. Sandstone uranium deposits currently contribute to a major share of the world production
of uranium. Some of the sandstone deposits are amenable to in situ leaching (ISL), which at present accounts for over
40 % of annual uranium production.
Those that understand the fundamentals of a good Uranium Company resource will focus on Cut-off grades
in association to depth of it's resource. Average depth of the high grade component comes in between 165Mtrs to 185Mtr.
From memory the Picnic Tree resource component begins as little as 30Mtrs from surface.
For anyone doubting these numbers, feel free to phone Mike Haynes for clarification.
It's been good to see that both Alex Molynuex & Robert Friedland can see the immense quality of resource
& technology (ABLATION) that Mike & his team have put together over the past 4 Years,
beginning with there previous J/V with Uranium One, to which lucky for BLR, Uranium One walked away :)
Here's a link to that memorable 2009 moment, that Long Term BLR Holders would already remember.
LINK( 2nd January 2009 ) Black Range Minerals has entered into a letter of intent in respect of the potential
joint development of their adjoining uranium projects in the Tallahassee Creek District of Colorado,
USA Projects for joint development are Black Range’s Taylor Ranch Uranium Project and Uranium One’s
adjacent Hansen Uranium Project.
Cheers to all :)
High Grade component alone would have a Production lifespan of 14+ Years at 3Mill Lb's Per/Annum, also one
would not be surprised if there was not another possible 50-100+Mill Lbs U3O8 within the BLR's current tenements
surrounding Hansen/Taylor.
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P.S. Sorry about the width of post !
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