T92 0.00% 5.5¢ terra uranium limited

lol which announcement are you reading? There's no good news...

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  1. 141 Posts.
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    lol which announcement are you reading? There's no good news here. For the Athabasca Basin, a peak grade of 32.5 ppm U (or 0.00325%) over a mere 0.2m interval and almost 1km (956m) below the surface is terrible. I mean 32.5 ppm is not much above background levels.

    For context, the nearby McArthur River mine has an average grade of about 16%, or 160,000 ppm, and the mineralisation is ~500-600m below surface.

    https://hotcopper.com.au/data/attachments/5567/5567664-e2b1a49873024ef2d5d97f7de23acba6.jpghttps://hotcopper.com.au/data/attachments/5567/5567668-addbd2a0a4cfe4f67ee085c42ef2f1d8.jpg



    A peak grade of 32.5 ppm U (or 0.00325%) would literally be a poor result even if they were drilling in Africa...

    https://hotcopper.com.au/data/attachments/5567/5567684-74a78936bf502dc6753d4705985dbffe.jpg


 
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