URA 5.56% 1.7¢ uran limited

Ann: Assay Results from Armijo Project, Grants Ri, page-3

  1. 2,416 Posts.
    re: Ann: Assay Results from Armijo Project, G... scorp - the grades are high but we can't tell likely quantities from these results -
    that's my problem with these figures. I like the grades though . It still depends on shoring up the asset and that means the funds to be raised are really needed.
    That's just the same as many small species and in a way I'm glad that Uran is having to do the hard yards. It will be some time before we realise any true gains - but newcomers just might. The benefit of a small resource if they can heap leach is that coast aren't too great and EPV good - but we will have to wait to do the final assessment. Its unfortunately still guess work although the flavour is rich. Me, I'm patient. Maybe Tibbs could cast an eye over it if he was so inclined - one helluva U junkie/tech. A
 
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