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Bannerman Resources Limited (ASX:BMN,TSX:BAN) announced highlight from its quarterly report.

Bannerman Resources Limited (ASX:BMN,TSX:BAN) announced highlight from its quarterly report.

As quoted in the press release:

Highlights:

  • Completion of the Etango Uranium Project DFS in early April 2012, confirming the viability of a long life and large scale uranium mining project:
    • 80% conversion of Measured and Indicated Mineral Resources into Proved and Probable Ore Reserves totalling 279.6 million tonnes at an average grade of 194ppm U3O8 for 119.3 Mlbs of contained U3O8

Click here to read the Bannerman Resources Limited (TSX:BAN) press release.  

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