I thought I may have read a Posting or Two from You in reply to my Posting re I.S.L. Uranium Mining and the fact THR were only drilling to 120 Meters at Bundey River. Anyway here is a Quote from the Thread Quote re I.S.L. Uranium Mining and please note the Percentages for when the Bundey River Assays are Announced :-
'/Beverley and Honeymoon, both in the Lake Frome area of South Australia between Broken Hill and the northern Flinders Ranges.
The Beverley deposit is 520 km north of Adelaide, in a buried river bed (palaeochannel). At least three ore lenses in uncemented fluvial sands lie at a depth of 110-130 metres, over some 4 km. They contained at least 21 000 tonnes of uranium oxide at 0.18% grade, making it currently the largest Australian deposit of its kind.
A successful field leach trial in 1998 established the commercial viability of the project. A new draft EIS was released for public comment in 1998 with environmental and other approvals being given early in 1999. Production began in November 2000 and the mine is licensed to export 1500 t/yr U3O8.
Se also UIC paper Australia's Uranium Mines.
At Honeymoon, 75 km NW of Broken Hill, the uranium deposit occurs in porous sandstone at a depth of 100-120 metres and extending over about 150 hectares of a buried river bed (palaeochannel). It contains U3O8 averaging 0.15% and amenable to ISL./'
Now from Page 7 of THR's 2007 Annual Report, re Bundey River Project, Quote ' While no Calcrete samples were able to be taken, a consistently high scintillometer count was taken over the main drainage Channel'/ End Quote That, 'No Calcrete Samples' bit is good news because if Calcrete was present , it would preclude the use of the more efficient Acid type I.S.L. Mining should THR come up with Roll Front Uranium at Bundey River.
No responsibility taken for any losses in association with this Posting.
Regards,
moly
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