PEN 5.00% 10.5¢ peninsula energy limited

Hey acreage, sorry, I have only just relized that you asked me a...

  1. 1,684 Posts.
    Hey acreage, sorry, I have only just relized that you asked me a question.
    Not really sure how many other countries use the ISR, ISL, method, which ever one you want to call it. Basically means the same, changing water quality to leach uranium out of an aquifer. But I do know that a certain geological criteria must be met first.

    1-The uranium deposit is within a porous layer of rock such as sand or sandstone.
    2-The layer is saturated, usually within an aquifer.
    3-The layer is confined between rock layers that are not porous such as clay or shale.
    Although I'm fairly certain that there are alot of ISR projects currently in Canada, but not sure on the rest or who else mines it in a big way. I know the Czech Republic have, to a lesser extent I think. Didn't know the Germans new much about it though,lol, if it actually is them that have bought into Pen.


    NK
 
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