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Ann: Uranium Resource of 77 Mlbs Confirmed , page-2

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    Sydney - Wednesday - January 19: (RWE Aust Business News) -
    Wildhorse Energy Ltd (ASX:WHE) has signed an extension to its
    co-operation agreement with Mecsek-Oko and Mecsekerc, the state-owned
    corporations responsible for the development and rehabilitation of the
    Hungarian uranium sector.
    The agreement is designed to fast-track development of the Mecsek
    Hills uranium project, which comprises the WHE-owned Pecs and Abaliget
    licences and the adjoining Mecsek-Oko-owned Mecsek Mining Lease East
    licence.
    As a key component of the agreement, it is intended that WHE's
    Pecs and Abaliget licences will be developed within a joint venture
    company alongside the adjoining MML-E licence held by Mecsek-Oko with the
    express aim of recommencing uranium mining at the project, which has a
    current combined JORC compliant Inferred Resource of 48.3Mt at 0.072pc
    uranium U3O8 for 77Mlbs of U3O8.
 
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