AGS 0.00% 17.5¢ alliance resources limited

Thanks Jayson , 3gb the snippet suggests that the people at...

  1. 3,608 Posts.
    Thanks Jayson , 3gb the snippet suggests that the people at Renaissance are on to a good thing with the Warrior prospect because they are certain that previous methods underestimated the amount of uranium.

    They picked up this knowledge while working on quote ...programs overseen in South Australia at the Beverley and Four Mile uranium deposits... suggests to me that Four mile is a much better prospect than has been admitted by Heathgate which i suppose is no surprise to people here.

    There is a bit further along in the snippit i should maybe have included that makes it a bit clearer.

    In recent years, the PFN tool has been successfully employed in sandstone uranium environments (including at the Beverley and Four Mile uranium deposits) to provide more accurate grade measurements. Renaissance personnel have extensive experience with PFN logging and consider its potential use would greatly enhance exploration in the Warrior environment.

    Looks to me that there is plenty of uranium at Four mile.

 
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