PENINSULA ANNOUNCES SIGNIFICANT RESOURCE UPGRADE AT
LANCE
Highlights:
h JORC-compliant Resource Estimate now totalling 25.2Mlbs U3O8 comprising:
h Initial Measured Resource of 3.6 Mlbs U3O8
h 130% increase in Indicated Resource from 4.0Mlbs U3O8 to 9.2Mlbs measured and indicated
h Measured and Indicated U3O8, comprising 37% of the total resource estimate
h 67 % increase in total resource estimate
h 90% of Ross Permit Area Resource defined to Indicated or Measured Category
h Resource extension drilling continues with a further resource update expected December 2010 as part of the Definitive Feasibility Study
"The positive results to date provide further confidence that mining will commence within the targeted time-frame with production continuing over an extended mine-life."
- Forums
- ASX - Day Trading
- daytrades august 17 pre-market
PENINSULA ANNOUNCES SIGNIFICANT RESOURCE UPGRADE...
-
- There are more pages in this discussion • 3 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity