Strateco Resources Inc SRSIF

Energy

Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.

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Strateco Resources Inc

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Comment by TheFeveron Jun 28, 2007 10:43pm

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Post# 13017155

RE: From IR

What grade does RSC need to see in %/ton to be considered for mining profitably? Just to understand the economics. >>>>It would cost around 35$ per tonne to mine the rock. So the most result NR showed a nice 1.97% showing over 6.7 metres at the fault in the hangingwall, for 39lb/ton of U308. At $150 US/lb U308, we're looking at $5850/ton. Costs are six tenths of one percent at that level, which is virtually non-existent. I can't wait for the results from MT-07-49: "Hole MT-07-49 is without doubt the most promising hole. With a pierce point 185 metres to the north of AM-15 in the middle part of the ACF, this hole shows that the mineralization extends to the north. The 3.8-metre length of mineralized zone showed the presence of pitchblende over its entire length, with a cps of 11,500." The Fever

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