Drilling on Formation Metals’ Uranium Project to Commence in June

- May 30th, 2011

Formation Metals Inc. (TSE:FCO) reports its final results from the Virgin River uranium project 2010 drill program.

Formation Metals Inc. (TSX:FCO) reports its final results from the Virgin River uranium project 2010 drill program.

The press release is quoted as saying:

The joint venture has approved a budget of $3 million for continued drilling on the Virgin River project for 2011, expected to commence in early June. Over $26.8 million has been spent on the project to date exploring for a large unconformity-type deposit that has resulted in the discovery of the Centennial Deposit.

Click here to access the entire news release. 

Click here to access Formation Metals’ company profile.

Get the latest Cobalt Investing stock information

Get the latest information about companies associated with Cobalt Investing Delivered directly to your inbox.

Cobalt Investing

Select None
Select All

Leave a Reply