Another Great Announcement today from Uranex
I have calculated a total of 627 Million Tonne of Graphitic Ore at Very Shallow Depths. This should never be forgotten as this will make production down the track so attractive to end users investors. Most deposits are quite deep so we are very fortunate to have so many shallow zones.
Look at the results in Table 1 from todays ann as the contractors drilled one hole to 70 metres which ended in mineralisation.
Imagine what we are not calculating below the depths drilled so far. Imagine how big this deposit is should management choose to explore to lets say 120 metres??????
The potential resource would be the largest in the world in terms of volume based on what has been hit to approx 50 metres. Pretty amazing.
The 9 zones identified by the EM Survey are the largest in the World
The potential is unbelievable everyone.
It is only just beginning.
Cheers
Matt
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