Ann: High Grade Intersections at Barber Extend Mi, page-63

re: Ann: High Grade Intersections at Barber E... Purd has alluded to the answer to you question akq..."millidarcies"

The benefit of ISR is that they aren't digging anything, they are pumping a solution into the ground and extracting the uranium form the surrounding mineralised resource.

Simply put this means that regardless of the cut-off grade, which is used for jorc purposes only, they will extract the majority of the uranium in ground. i.e. grades below 300ppm will still be mined, it is just that they weren't used in the data recorded for Jorc. This increases the recoveries.


The main point of todays announcement is that they are very close to indentifying the actual Roll Fronts. This is where the $$$ are and what they are targeting. The closer they get the more intense the uranium gets, that is why they are now finding uranium at excellent grades in EVERY HOLE.

The millidarcy count at Lance is, to state the least, extremely high. Far higher than nearby Uranerz. This is the key to high rate recoveries and PEN will extract all they can, including the sub 300ppm.

They will not be leaving it behind as conventional miners would. They don't have the high opex expenses to incur, they only recover more resource for the same low cost effort.

Welcome to ISR, while others still chase the so called "high grade" conventional miners. We are sitting on one of the potentially largest and low cost uranium projects in the USA.

I have consistently stated that ISR and Lance will seperate PEN from the rest. It is coming...