PEN 25.3% 6.2¢ peninsula energy limited

same place, same industry, similar timeframe, page-13

  1. akq
    3,592 Posts.
    This is taken from Uranez's release on July 25/08 at the Nichols Ranch Unit as set out in the Nichols Ranch Mineral Resource Report,
    the estimated total recoverable uranium at the Nichols Ranch Unit is approximately 1,633,928
    pounds of uranium equivalent assuming a 73 percent recovery rate.

    Also from same reportPowder River Basin have been defined at numerous locations. These calculated permeabilities
    varied from a low of 6.7E-9 to a high of 6.9E-8 cm/sec. Laboratory permeabilities varied from
    6.4E-9 to 1.3E-8 cm/sec. These data show that the aquitards in this area have sufficiently small
    vertical permeabilities to adequately restrict the vertical movement of groundwater from one
    aquifer to the next (Uranerz Energy Corporation, 2007b)."NOt sure how this relates in terms of permeability.


    Cant find the MD measurement yet but I know that this bit has been mentioned before re CSG
    The only activities that have occurred on the
    subject properties besides ranching, are exploration drilling for uranium, and drilling and
    production of coal bed methane (?CBM?) gas. Uranerz? only known existing potential liability
    is reclamation of exploration drill sites and exploration access roads
 
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