Regarding todays NEWS!! I just briefly looked at the news release, but let me tell you it is all good. And then some!
In uranium exploration/mining unlike gold exploration/mining, uranium (U308) mineralization usually comes in narrow occurrences and trying to find it is like trying to hit a shoe-lace deep underground with a pencil.
Already at PLS, we had the discovery hole in the Fall, then 3 more good ones with hole 24 about 12 meters of plus 2%. Todays news indicates that these two new holes were stepped out 15 meters and not only hit mineralization but 37 meters of continuous with twice the amounts of off-scale readings in the core as there were in hole # 24. Sooooo, one might construe that this hole would grade approx twice as much ringing in around 5%. Should that be the case then we have a rocket ready to go!
The fact it is only down 60 meters compared to the Hathor (HAT) deposits that was down approx 250 meters is something else that makes PLS very attractive to say the least. Being on a year round road is a nice plus and on and on.
The boulder field with those big ole boulders, was like finding bear scat in the woods still steaming......Mama & Papa bear will be near-by. Looks like Dr. Gunning has spotted the bears and is firing at them.
Must say well done by the AMC/FIS team right out of the gate.
P.S.... maybe that guy that writes the Alpha articles and was following the AMC/FIS story will provide an update to give PLS some real perspective.
Cheers......and Happy Investing for sure, in, on, at, around and about PLS.