in what may be interpreted as a vote of confidence for the...

in what may be interpreted as a vote of confidence for the prospectivity of an economic uranium discovery in Peru, it has today been reported that Cameco has increased its exploration budget from $2.5m to $4m to explore concessions held by it in joint venture with Vena Resources (a Canadian company with concessions in Peru, including in the Macusani district) based on positive exploration results to date.