EQN equinox resources limited.

Not many junior mining companies around the world can boast a...

  1. 445 Posts.
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    Not many junior mining companies around the world can boast a mineral resource containing 21.9 million lbs. of Uranium oxide concurrent with a JORC indicated copper resource of 13.9 billion lbs. over which a BFS has been completed.

    In light of the recent explosion in the price of uranium, it seems the previously waste bound U rich zones at Lumwana may now prove to be a valuale addition to the overall resource. Most significantly, 13.6m lbs. of contained uranium is included in the optimized pit designs.

    At us$25 per lb. this yellowcake alone has a current in-ground value of us$340m with mining planned to commence in 2007.

    Cheers .... WJ

    please do independent research.
 
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