Canaccordhttps://www.uracanresources.com/s/RelatedArticles.asp
From Canaccord Junior Mining Weekly, Eric Zaunscherb (who knows uranium):
• Initial results have been released from the spring drill program on the Double S zone amounting to 4,819 metres in 21
diamond drill holes; the original program had been budgeted at 3,000 metres. Based on the initial 17 holes reported,
drilling has successfully extended the Double S zone up dip and to the west and north of the initial resource estimate.
Hole SS-07-62 was extended to demonstrate an intersected width of 181.5 metres grading 147 ppm U3O8, the widest
intersection to date. We fully expect additional drilling this summer on the Double S trend.
• The grade and potential project scale indicated by untested radiometric anomalies, detailed mapping and sampling
suggest a strong analogue to the granite-hosted uranium deposits found in Namibia, but with the advantage of superior
infrastructure (i.e., much lower power costs and the availability of water).