Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Bullboard Posts
Post by greeneggson Jun 14, 2009 4:54pm
412 Views
Post# 16069440

Upside from inferred resource vs reserve

Upside from inferred resource vs reserveIn eyeballin it the major difference is another 1.5 million tonnes  of ore  of approx 4% in copper area, which means they could bump production up from 2 mill tpa to 2.5 for the 3 year time period, nice but not a big deal. The major diff comes from the zinc area, where there is an extra 6.5 million tonnes in the 8% range, which could lead to an extra 1.3 million a year in ore or 5 years, bumping production up by 60%, the copper in the zinc area is slighly lower than reserve which goes a little over 1%, as apposed to it running at a little over .8% in the inferred resource, which will still lead to a nice biproduct reduction of price per lb of zinc.
Bullboard Posts