OTCQX:PALAF - Post by User
Comment by
wanneon Oct 30, 2007 2:04pm
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Post# 13718419
RE: Latest news on Bigrlyi (41.7% Paladin)
RE: Latest news on Bigrlyi (41.7% Paladin)thats what energy metals says:
on a 100% basis 25-30mln pounds is likely imo.
but do we know if the total 14.3 M lbs U3O8 and 16.3 M lbs V2O5 they mention is for the 100% property or only for the 53,3% energy metals have !??
so dont talk about lies here,i think hes intention was not to lie on ppl here at the board !
Bigrlyi (EME 53.3%)
The Bigrlyi project comprises 10 granted exploration retention licenses located approximately
390 km northwest of Alice Springs. The project, which is a joint venture with Paladin
Resources subsidiary Valhalla Uranium (41.7%) and Southern Cross Exploration (5%), was
subject to significant exploration activity in the period 1974 to 1982.
Current resources (based on drilling completed to end of December 2006) at Bigrlyi (0.5 kg/t
U3O8 cutoff) total 14.3 M lbs U3O8 and 16.3 M lbs V2O5 with most of the resources within
200m of the surface and potentially accessible via open pit mining. There is excellent
potential to increase resources at depth and along strike at all of the current resource areas