Pen is targeting 50-76 million pounds of U3O8 at Lance at grades of between 500-700 ppm.
Be interesting how this size deposit compares with other sizable deposits and their grades. From memory it was mentioned that the size and grades of Lance is comparable with Paladins Langer Heinrich deposit.
An from memory Rio's massive Rossings deposit in Namibia has very low grades, but can still manage a cash cow out of it.
I could imagine that there are not to many deposits of this size that are amendable to ISR extraction.
If anyone knows of other ISR deposits this size or bigger it would also be appreciated if they could post it here.
Cheers NK
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