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ULTRA URANIUM CORP V.ULU



TSXV:ULU - Post by User

Bullboard Posts
Comment by Amaladeon Feb 16, 2007 10:01pm
400 Views
Post# 12254868

RE: Can someone help?

RE: Can someone help?what page in the technical report is this reference to 4 year claim you read. Ray says the land claims are completely 100 % owned by Ultra. Remember, the initial inferred uranium deposits (3) areas are economic grades for open pit mining- The total estimate is only based on about half of the 330 holes. Plus other possible uranium inferred resources in between these 3 historical deposits. Yes, there is definitely uranium in the ground. Drilling contracts are currently being arranged. Initially 4000 m of drilling 8-10 holes to start in April 07- I also know that he said that inside the adits-when they did the assay analysis, the grading of uranium was analyzed to be higher -than the drill cores- I do not know how this could be- ask a geologist. In other words- conservatively positive grades for open pit mining- good supportive gov't- lots of potential to convert the current inferred estimates to measured- indicated as well as increase the inferred estimate- 32 million fully diluted- The sedar report is the first version of the N43-101 - updates to follow-Expect updates - at least every 4- 6 weeks- They are currently getting their website upgraded. The stock is now out in the open- Uranium- in Slovakia- Near the Tournigan deposits-4R
Bullboard Posts