EXT 11.1% 1.0¢ excite technology services ltd

I dont think enough has been talked about on their grades. For a...

  1. 427 Posts.
    I dont think enough has been talked about on their grades. For a mine to be commercial we need grades of at least 0.25% - this is the minimum really and excellent grades are considered to be in excess of 0.3%. Ext's average grades are not great. They are in early stages which is granted.

    41 metres at 0.361 kg/t U3O8
    * HDD005 - 8 metres at 2.316 kg/t U3O8
    6 metres at 0.890 kg/t U3O8
    14 metres at 1.063 kg/t U3O8 (including 11 metres at
    1.337 kg/t).
 
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