MXR maximus resources limited

uranium mxrs inferred resource and wa election, page-5

  1. 3,267 Posts.
    from the uranium threads in relation to what grades of uranium are considered.....MXR cut off is 100ppm with a grade of 180ppm which on the figures below put the resource in the mid to good grades and cut off.

    "ElBarto
    These are the basic numbers that I tend to look at when considering a stake in a Uranium Spec.

    Hope this is of some assistance:
    ____________________________________________________

    Low U3O8 Grade 0.01% (100ppm) to 0.03% (300ppm)

    Mid U3O8 Grade 0.05% (500ppm) to 0.08% (800ppm)

    High U3O8 Grade 0.10% (1000ppm) to 0.20% (2000ppm)+

    As well as Grades, one must also take into account the Cut-off used by the particular Company, in calculating the Jorc. Resource, & equal importance is the depth location of Resource & Geology of region.

    Cut-offs
    Poor 50ppm
    Fair/Average 100ppm
    Good 150ppm
    V/Good 200ppm
    Excellent if above 300ppm
    Exceptional above 600ppm"
 
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