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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