Black Range Minerals has upgraded its exploration target estimate for the Taylor Ranch Uranium Project by 5 million pounds to 15-20 million pounds of U3O8.
The Company believes that it can convert this target to a JORC-compliant resource with confirmatory drilling and that there is considerable potential to increase the resource beyond this target with further exploration.
A drilling contract is now in place and an extensive drilling programme is scheduled to commence at the Taylor Ranch Uranium Project within a fortnight.
The Company intends regularly upgrading the JORC-compliant resource for the project as the drilling programme progresses.
The Taylor Ranch Uranium Project provides the Company with an exceptional near-term production opportunity, with a large, highgrade resource base located just 30km from one of the USA’s only four licensed uranium mills.
Cheers to all the long term holders
BLR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
