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.
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held