Alliance could have over $3.8 Billion worth of Uranium.
Check out their Maps and drill holes.
9 Square Kilometres of resource
Average Depth 1.5m
Average Grade 0.13%
Specific Density of host rocks 2.5
= 9,000,000 x 1.5 = 13.5M Cubic Metres
13.5M x 2.5 = 33.75M Tonnes of ore @ 0.13%
= 43,875 Tonnes of Uranium Oxide.
This is a very large deposit indeed.
AGS is right next door to Beverley, so it can be mined as an extension to the existing Beverley mine.
Drilling should be completed in around 5 weeks.
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