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  1. 8,851 Posts.
    re: ***** uranium update soon********************* Night-trader,

    You forgot to mention this below which is stated on Vena's web-site.

    Dr. Richard Nielsen to Manage VENA’s Uranium exploration

    Dr. Richard L. Nielsen has agreed to lead the Uranium exploration division in Peru. Dr. Nielsen has a masters degree from Caltech and a PhD from Berkely and has published over 15 technical articles. He will be directing Vena’s efforts to confirm the historical Uranium exploration data that had been collected by IPEN (Peruvian Institute of Nuclear Energy) over the last three decades. Vena Resources and IPEN signed a joint exploration agreement earlier this year.

    Peru has a history of Uranium exploration dating back to the 1950s under the authority and control of IPEN. Exploration efforts were halted due to budget constraints in the early 90s. During the three decades of exploration efforts, IPEN identified 78 target areas.

    The Macusani district in southern Peru is the most studied area and IPEN historical reports from September 1983 refer to the areas of Chapi, Corani, Tantamaco, Huiquiza, Calvario, Concha Rumio, Huachanne, Chilcuno, Chacaconiza and the surrounding area to the town of Macusani as potentially having in the order of 200,000 tons of Uranium carrying ore with average grades from 0.2% to 12% of U3O8 (Bulletin 71 – Peruvian Geological Society – Sept 1983). It should be noted that this data is based on IPEN’s historical reports and such estimates should not be relied upon or considered a defined resource according to NI 43-101 nor is the resource verified by the Qualified Person .

    RRS's tenements where announced to be in MASCUSANI

    :)

 
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