URA 5.56% 1.7¢ uran limited

Ann: URA Quarterly Activities Report Jun-11 , page-2

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  1. 1,438 Posts.
    fORGET OUR SQUABBLING!

    Some results are at hand!! And I like them! Looks like my call about the Rights Issue was valid though - Now at 2.4c with free attaching option.



    Five grab samples were taken from the manganese
    reefs on Peco mining lease in late 2010, with assays
    ranging from 49.42% ? 60.36% Mn.

    Five RC holes intercepted the manganese, with
    thicknesses up to 10 metres. The best intercept from
    chemical analysis was 3.5 metres @ 30% Mn including
    0.5 m @ 46.2% Mn.
    XRF analysis of the diamond core disclosed best results of 2.15 metres @ 48.42% Mn; and 1.3 metres @ 48.7% Mn,

    Kanona Project is near Serenje in central Zambia, close to the railway line and the Great Northern
    Highway.
    Manganese occurs in veins and rubble zones which appear to be several hundred metres in length.
    Mapping and surveying has been carried out over parts of the area, and ground magnetic surveys
    have been completed to date over 3 areas within the project. Hand-held XRF analyses of
    manganese reefs exposed at surface and in old workings has produced results of 47.7- 48.8% Mn.
 
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