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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

Post by butcher12345on Feb 07, 2017 10:31am
171 Views
Post# 25809661

Older article from Serbian media

Older article from Serbian mediaGoogle translate:

 
 What is certain is, is that it would "Freeport", if taken over the management of RTB, got cheaper access to the underground deposit "Cukaru bakers', which is considered the richest deposits of copper and gold in the world. The "Freeport" at the beginning of the month for $ 135 million, the Canadian company "Newsun" sold exploration rights in the upper bezel "Cukaru bakers", but kept 40 percent stake in the lower part of the tray, which is considered to be far richer in copper and gold. And, if you take over the management of RTB, "Freeport" bring out the underground mine Bor company easier, faster and cheaper not to begin the exploitation of the lower part of the deposit "Cukaru baking". Otherwise, they would have to start with the construction of inclines, which is very expensive. In addition, they would have to wait to firstly exploit the upper layer before it reaches the part that belongs to them. In addition, the management of RTB, "Freeport" to the ore from the site "Cukaru bakers' could already processed in the Bor mining plants, and the resulting melting of copper concentrate in the local, the most modern smelter, which, in this way, could to operate at full capacity and reduce dependence on imported raw materials processing. https://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:606443-Friport-uzima-Bor https://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:606443-Friport-uzima-Bor https://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:606443-Friport-uzima-Bor
https://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:606443-Friport-uzima-Bor Serbia's government said it is in talks with Chinese investors on the privatisation of state-owned copper miner and smelter RTB Bor.
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