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Waseco Resources Inc V.WRI

Alternate Symbol(s):  WSRUF

Waseco Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company operations are in Canada and the United States. The Company’s exploration projects include its primary project, the Battle Mountain Ridge Project in Nevada, United States, and interests in projects in the Quebec Labrador Trough and James Bay Lowlands. In Battle Mountain, Nevada, the Company leases 29 unpatented mining claims on the Battle Mountain Gold Trend, in Larder County, Nevada. In the Quebec-Labrador Trough, the Company controls these uranium prospects which consist of multiple blocks. Its James Bay Lowlands covers an approximately 2,440-acre claim block is in approximately to the DeBeers Victor mine in the Attawapiskat Region in Northern Ontario.


TSXV:WRI - Post by User

Bullboard Posts
Post by hanscazanon Jan 28, 2013 2:24pm
359 Views
Post# 20901026

uranium still alive, updated 22 jan'13

uranium still alive, updated 22 jan'13

Uranium still alive

https://www.world-nuclear.org/info/inf49.html

In Quebec, uranium exploration is underway at several locations with a total of more than 40,000 tonnes of indicated or inferred deposits. In the Otish Mountains of central Quebec Strateco Resources Inc. has applied for a licence to conduct underground exploration on the Matoush deposit from 2014, and is commencing environmental studies for the project. Matoush has indicated resources of 5600 tU at 0.81%U and inferred resources of 6320 tU at 0.375%U, and the company projects mine production of 1000 tU/yr over 7 years from 2016. Abitex Resources has 6,000 t U3O8 mostly inferred resources at its Lavoie project in the Otish Mountains, and envisages mine production at 1200 t/yr from 2014. The company completed a scoping study in 2008 and will begin underground development in 2010, with a view to mine production in 2013. Azimut Exploration has committed C$42 million to uranium exploration, mainly for the Katavic project in Quebec's northern Nunavik region and other prospects in the Ungava Bay region further north. Uracan Resources reports 3100 tonnes U3O8 of indicated resources and 16,900 tonnes of inferred resources in the Double S zone at its North Shore prospect in eastern Quebec. Areva is establishing a joint venture with Waseco Resources to explore the Labrador Trough project.

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