RE:Ucore has Uranium? Dermferred-U3O8, and I supposed you knew that UCU only has inferred resource in PEA too? Your quote below as well as extract from PEA
"Ucore doesn't have any indicated resources? That's baloney and a flat out lie".
PEA:
It should be noted that Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability. Inferred Mineral Resources have a high degree of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Resource will ever be upgraded to a higher category.
Table 1.2 Resources at 0.4% TREO Cut-off
| Type | Tonnes | LREE (ppm) | HREE (ppm) | TREE (ppm) | LREO (%) | HREO (%) | TREO (%) |
| Inferred | 5,228,200 | 3,368.77 | 2,113.50 | 5,482.25 | 0.394 | 0.259 | 0.653 |
Note: LREE = light rare earth element; HREE = heavy rare earth element; TREE = total rare earth element; LREO = light rare earth oxide; HREO = heavy rare earth oxide;
TREO = total rare earth oxide