AGS 0.00% 17.5¢ alliance resources limited

***$3.8 billion uranium resource***

  1. 162 Posts.
    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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Currently unlisted public company.

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