Exploration budget CY08 A$3.8m - 100% uranium focus.
Sweden, Storsjön - Alum Shale - potential for very large
scale, near surface uranium-moly-vanadium deposit.
Typical U3O8 grades 0.01-0.03%. Potential JORC 1Q09.
Neighbouring Continental Precious Metals (TSX:CZQ)
Viken, Sweden Alum Shale project contains 443mlbs U3 O
grading 0.016%.
AEE is exploring prospective uranium districts of WA
targeting calcrete near Lake Way and lignite/sandstone
Mulga Rock style (Gunbarrel). Drilling 2Q08 (4,000m).
Mauritania - over 20km2 of radiometric anomalies. Grades
up to 0.33% U3O8 at surface. Trenching 4Q08.
Drilling 2Q-3Q08 at Storsjön (4,000m), Virka, Gunbarrel
(lignite/sandstone, WA) and Porcupine (calcrete, WA).
Sweden is a pro mining and pro uranium jurisdiction.
hmmm?
Exploration budget CY08 A$3.8m - 100% uranium focus.Sweden,...
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