Another encouraging announcement from this company. VMS has always had a team of competent geos and they have delivered once again.
The reniform Jupiter RE deposit is large in area at around 50sq km and is essentially a surface deposit. The low U & Th concentrations are currently an advantage but as the population slowly becomes aware of the historic safety of nuclear energy generation, Uranium and Thorium in an orebody become less significant. This is especially the case with open pit extraction as associated radon concentrations will generally be close to background.
It would have been good to have seen some metallurgical data with this announcement but we can't have everything.
Ann: Jupiter Continues to Deliver with Record NdPr over 5,000 ppm, page-17
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