28, page-3

u stock will top cuy they are negoting to aquire mulga rock deposit 7900
tonns proven resource will fly when deal is done
search


Home | Forums | Site News Logout | My : Favourites : Account



Lookup


Search


Public Forums
Latest posts
ASX - by stock
ASX - General
US Stocks
General
Humour
Feedback

Users Online

Member Forums
List Forums
Create Member Forum




Flash player 7 not detected. Bypass detection






Subject caz in talks to aquire large deposit
Posted 08/08/05 11:54 - 134 reads
Posted by falcon2000
IP 147.10.xxx.xxx
Post #673667 - start of thread - splitview

Mulga Rock



WESTERN AUSTRALIA

Mulga Rock, sometimes referred to as Officer Basin, is located in the Mount Margret Mineral Field in Western Australia. The deposits are located on the edge of the Great Victorian Desert 250kms north east of Kalgoorlie in the Shire of Menzies. The uranium deposits were discovered in 1978.

This paleao-channel uranium deposit area is covered by a number of tenements both of mining (ML) and exploration (EL) status, established for the purpose of uranium mining extraction and development.

The environment
Uranerz, the former explorer of the area and susidary of Uranerzbergbau of West Germany along with PNC (Power Reactor and Nuclear Fuel Development Corporation of Japan) are responsible for the thousands of kilometres of exploration cutlines, cleared drill sites, roads and access tracks, crisscrossing this desert region which includes the Queen Victoria Spring Wildlife Sanctuary, Class A Flora and Fauna reserve (A30491), just to the north of the Cundeelee Aborigional Community.


Exploration history
Uranerz previously had significant EL’s over the area covering 2000 sq kms, these were subsiquently taken over by Western Mining and Aztec Mining Company though non of these are active in the area at this time.

PNC origionally held 1,200 sq kms of the Officer basin area under EL’s. In August 1985, the Labor Government’s State Minister for Minerals and Energy, approved the upgrading of PNC’s EL’s to 10 ML’s covering a total area of 40.4 sq/km, these have since been reduced to the 9 listed above. This gave the Japenese Governments company PNC, secure tenement over these uranium deposits until 14th August 2006, these leases are even then renewable.

The deposits
Over the years many Japanese geologists have been brought into work on these deposits. It is reported that a "pre-JORC" estimation of 13,000 tonnes of U3O8 in 10.8 million tonnes of rock at an average grade of 1.2kg/t U3O8 exists across these tenements. The uranium mineralisation is between 20 to 30 metres in body. Two EL's have been applied for by Acclaim Exploration NL, that cover areas to the NW and SE of PNC's tenements of Shogun, Ambassador and Emperor. These Acclaim tenements cover a total area of 383 sq km.

Very little has been published by PNC (Power Reactor and Nuclear Fuel Development Corporation of Japan) about their activities, but we do know that in 1983 they dug an exploration pit 30 metres deep and 200 metres long. Uranium ore was removed from this pit, packed into 44 gallon drums and transported back to Japan for further treatment and testing.


Produced 17 March, 1998

Mulga Rock in Brief


Discovered: 1978
Average Grade U3O8: 0.12%
Reserves: 13000 tonnes
Operators: PNC Japan







Voluntary Disclosure: Position Sentiment: None TOU violation






Subject re: caz in talks to aquire large deposit
Posted 08/08/05 12:01 - 105 reads
Posted by scandal
IP 202.89.xxx.xxx
Post #673681 - in reply to msg. #673667 - splitview

Could you please summize what this has to do with caz?



Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: caz in talks to aquire large deposit
Posted 08/08/05 12:02 - 116 reads
Posted by falcon2000
IP 147.10.xxx.xxx
Post #673682 - in reply to msg. #673667 - splitview

sorry CAZ NOT DYL

Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: caz in talks to aquire large deposit
Posted 08/08/05 12:04 - 113 reads
Posted by juls
IP 203.123.xxx.xxx
Post #673690 - in reply to msg. #673667 - splitview

whats that got to do with Dyl ?


Voluntary Disclosure: No Position Sentiment: None TOU violation




Advert :: E*TRADE Contracts for Difference - You can now trade CFDs with Direct Market Access

DISCLAIMER: From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate posts so many misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should contact Hotcopper. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice. Before acting on any of the information you read and making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.








Copyright © 2000 - 2005 HotCopper ALL RIGHTS RESERVED.
Terms of use | Privacy Policy | Code of Conduct | Contact us | Advertise