while waiting for more news....I have thinking about this "new"...

while waiting for more news....

I have thinking about this "new" possible technique for Hansen deposit - Bore hole mining and why it was mentioned earlier in the presentation.The advantages are ....WOW!

If you look at the hansen deposit and the sandstone structure, grades and the thickness, i would speculate that it will be very economical to mine it ( using BHM) and then to bring the taylor ranch uranium to reserve status as per Mike Haynes presentation in 2009. Is there a chance to get the mining underway earlier than expected?? who knows?

http://www.brrmedia.com/event/58835/canary-events-uranium-investor-forum-july-09-mike-haynes-black-range-minerals


I find these websites very informative.

I sure hope that the PFS will surprise all of us. We need some news to get the price moving/re rating.

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https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0Bw4RwdkDpprZMzljZmIwODUtYjk4Ni00MDg0LTlmODQtZDAwNjEyNDhiNDYw&hl=en

Borehole Mining Main Advantages
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Remote operation
*Increased safety – no personnel underground
*Minimal environmental impact
*Low capital and operating costs
Selective mining
Mobility and simplicity
Desert, Polar and underwater operations
Primary working agent – water – recycling
Ability to work in hazardous and dangerous environment
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http://www.greatmining.com/borehole-mining.html

Borehole mining is done to mine many industrial materials like uranium, iron ore, quartz sand, gravel, gold, diamonds and amber. It is a remote controlled method of underground mining. It is also used in exploration, oil, gas, and water stimulation. Borehole mining consists of two pipes one for pumping down high pressure water and another that delivers slurry back to the surface.

A BHM tool consists of water jet pump, hydro monitor section, an extension section and a hub. The tool is lowered into a well until the hydro monitor reaches the depth of the hole where the borehole mining is started. Then the high pressure water is pumped down and receives back productive slurry. In the tank, slurry is collected. The water is drained and ore is taken out of it.

The Bore hole Mining belongs to the underground mining category. But personnel don't go underground but work from the surface.

**The advantage of Borehole mining is there is high level of safety and has the ability to work in a collapsing environment.

**Other advantages include it requires less laborious, does not pass through dangerous and expensive mining process like overburden, shaft building, ventilation, de-watering, underground personnel transportation, life support and more.

**This method can lead to reduction of overall cost of the final product from 15% to 75%.




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Videos of borehole mining.-
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https://docs.google.com/Doc?docid=0AQ4RwdkDpprZZHNwcjJjdl8zMTAydjdoNTdkOQ&hl=en_US