MXR maximus resources limited

from the uranium threads in relation to what grades of uranium...

  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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