PEN 4.55% 11.5¢ peninsula energy limited

economic recoverable uranium, page-12

  1. 770 Posts.
    Hangseng seems to me the paragraph you refer to as..
    "...poorly researched and in fact wrong." is in fact well researched and perfectly right!???
    MERRY XMAS ALL.

    From Manhatten website... http://manhattancorp.com.au/?id=211
    "The mineralisation lies over 9km of strike with an average width of 500m. At a depth of 50 to 70m, the deposit is shallow and should be amenable to in-situ leach (ISL) recovery, the lowest environmental impact uranium mining method."

    From World Nuclear Association site.. http://www.world-nuclear.org/info/inf27.html
    "In situ leaching (ISL), also known as solution mining, or in situ recovery (ISR) in North America, involves leaving the ore where it is in the ground, and recovering the minerals from it by dissolving them and pumping the pregnant solution to the surface where the minerals can be recovered."

    From Alliance Resources site http://www.allianceresources.com.au/IRM/content/home.html
    ..."as the Company moves toward production in 2010, the highest grade and largest producing ISR operation in the world."
 
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