A good story on Lateline Business last night regarding Uranium.
http://www.abc.net.au/lateline/business/items/201010/s3036694.htm
Thought it a timely reminder to mention here that Artemis has beside Gold, Silver ,Copper, Ree and Lithium they also have excellent Uranium properties in OZ and Africa.
The following information can be found on the Artemis website.
Mundong Well and Cambridge Creek together represent 2 adjoining uranium projects covering more than 450sq km of ground prospective for uranium
Strongly mineralized zones with visible carnotite and kasolite uranium minerals
Radiometric surveys (U-channel) clearly identify paleochannel (roll-front type) uranium occurences in the south of the tenement.
Hosted by radiometrically anomalous Palaeoproterozoic granite
Multiple high grade rock and trench samples including 39,000 ppm (3.90%) U3O8 over 1.5m wide in a trench
Early drilling has intersected 6m @ 2,500ppm U3O8 at 41m depth
Intense radiometric (uranium count) hotspots remain untested.
Artemis owns a 49% interest in the Tagaza II and IV uranium project in Niger, West Africa. Under the terms of the joint venture with Artemis's partner Trendfield, Artemis has the ability to increase its stake to a majority 51% holding.
The Niger Project is located within the highly productive Tim Mersoi Basin in North-East Niger, home to two uranium mines producing 12% of the world's uranium supply. The Tagaza II and IV tenements cover approximately 1,000 km and are situated adjacent to another major uranium deposit, Teguidda.
Artemis completed stratigraphic drilling early in 2010 and successfully encountered the regionally prospective Agadez formation.
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