URM uramet minerals limited

Lead prospect Boat hill which is being drilled soon is actually...

  1. 13,252 Posts.
    Lead prospect Boat hill which is being drilled soon is actually very exciting. Lead which is $ 2600 us per tonne is an often forgotten metal in this commodity boom.
    The boat hill prospect is certainly quite exciting individual deposit usally around 2 to 10 mil tonne containing up to 70 % lead an example of this is kings mine where 65% to 70% lead and 60 AG gpt was mined

    With this type of anomaly out I hope URM gives it a full chance and drills it with respect it deserves and not move drill rig straight to the the phosphate. I hope it continues to map and sample the phosphate, planning a proper drill program.

    Think about the lead with silver content even if we drop it to 60% if you work it out it comes to 1480 us dollar per tonne mined find a small anomally 4 mill tonne and it gives you a 5 bil plus resource with high return low capex.
    These sort of anomalies deserve full attention
    something really worth think about when just wishing for phosphate drilling or even just dismissing URM like poor old bad monkey macrae12 just has.
 
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