TSXV:VEC.H - Post by User
Comment by
metalslugon Oct 16, 2009 4:05am
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Post# 16393115
RE: Someone with real knowledge please comment
RE: Someone with real knowledge please comment"As you will see, Uracan has discovered some of the highest uranium grades ever found at surface, in a new zone on our North Shore Property in Quebec. One of the drill holes on the new Grandroy zone returned values of 2130 ppm, (0.213% U3O8), or 4.26 pounds per ton, from surface.
To our knowledge this is one of the highest grades of uranium at surface that have ever been reported from anywhere in the world. To put that grade in context, Paladin Energy mines 800 ppm uranium in Namibia. Other large, near-surface discoveries in the last several years – Extract Resources, Bannerman Resources, Mantra Resources – are in the 200-500 ppm range."
=BUY