re: halt! -uraniumbull- Very much ball park figures
The Hodgkinson Mineralized zone is approx 4550sqm (130m x 35m)
Assuming 2m @ 0.162% as being the average grade over the entire deposit.
Gives a whole 87,500lb of Uranium worth about AUD$4.1M.
Need more holes to do a better estimate.
Low end guess AUD $2M.
High end guess AUD $8M.
I guess thats why I like AGS so much
Western Zone already estimated at 1,920,000sqm
Eastern Zone approx 4,000,000sqm
6km of deposit edge still open!
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