IBC Advanced Alloys Corp. (CVE:IB) reports that it has successfully completed the data analysis of its previously disclosed airborne survey of its beryllium claims in Juab County, Utah.
The press release is quoted as saying:
The completed data analysis has identified several high interest target zones (“TZ”) that will be the subject of additional work to quantify the Company’s upstream resource base. The Company is developing and deciding on a 2011 work plan that may include drill testing, and other work, on these high priority targets.
IBC Advanced Alloys’ President and CEO, Anthony Dutton says:
“IBC is very encouraged with these results.” “IBC’s upstream assets in Utah play an important role in our company’s strategy as we develop new markets and technologies for beryllium. IBC’s nuclear fuels initiative for example,” continued Dutton, “will require a secure source of beryllium which we hope can be fulfilled by Juab County thereby creating significant long-term shareholder value.”