UKL uranium king limited

Some more info:URANIUM KING COMPLETES STAKING OF HIGHLY...

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    Some more info:

    URANIUM KING COMPLETES STAKING OF HIGHLY PROSPECTIVE CLAIMS ADJACENT
    TO RIO PUERCO PROJECT

    Uranium King Limited has completed the staking of 112 highly prospective claims adjacent to the Rio Puerco project in New Mexico, USA. The staking of these claims is the first stage in an aggressive land acquisition programme in the Grants Mineral Belt region of New Mexico. Uranium King is targeting advanced projects which offer the potential to significantly increase our existing 6.1 million pound uranium oxide JORC resource base. Based on studies by Uranium King the potential mineralisation in the East Grants Mineral belt is estimated to be around 100 million pounds of uranium oxide making it one of the more important exploration areas within the United States. The Grants Mineral belt has been a significant source of uranium in the United States with production estimated to be in excess of 340 million pounds U3O8.From 1950-1968 the belt produced approximately 40% of all USA produced uranium.

    Highlights
    • 112 new claims successfully staked.
    • Radiometric surveys and geological and geophysical interpretation already completed by Uranium King.
    • Identified potential of 4 to 5 million pounds of uranium oxide within the claim areas.
    • Drill targets have been selected and drill permitting process commenced.
    • New claims are contiguous with the existing Rio Puerco claims held by Uranium King where current JORC resources are 4.5 million pounds of uranium oxide grading 0.12%.
    • Uranium King now has one of the largest strategic land holdings in the highly prospective East Grants Mineral Belt.

    Hah! Do the math!!

    Cheers
 
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