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IBI CORP V.IBI



TSXV:IBI - Post by User

IBI CORP
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Post by Boazzon Feb 04, 2009 1:13pm
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Post# 15751742

Anybody know about this??

Anybody know about this??
 21/12/2007
 
IBI Accelerates Uranium Project
 

IBI Corporation announced that negotiations are well underway on a joint venture proposal for the purpose of exploration and development of Mbale EL 0162, one of IBI's uranium-prospective properties in Uganda.

The farm-in partner is a substantial British-based financial firm, which will invest significant capital and carry out advanced exploration procedures on the property.

The Mbale property consists of approximately 46 square kilometres and has been shown to be prospective for uranium in earlier aerial surveys and recent ground reconnaissance reports.
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