Cue Resources Ltd. Files an Updated Technical Report Showing Increased Average Grade and Resource at the Yuty Uranium Project

Cue Resources Ltd. (TSXV:CUE) reports that it has filed on SEDAR a NI43-101 compliant updated technical report showing a significant increase to the mineral resources at its Yuty project, Paraguay.

The press release is quoted as saying:

Compared to previous estimates, the grade of the Measured and Indicated Resource has increased by 23%, and the metal content in these categories has increased by 7%. As well, the metal content of the Inferred Resource has almost doubled.

Cue Resources’ President and CEO, Robert Tyson says:

“We are pleased to have the new 43-101 report finalized and available for shareholders.” “In addition to showing the increased resource, the report identifies several new exploration targets that we intend to drill including newly discovered vertical horizons that show significant potential to add to the growing resource at San Antonio. The newly discovered resource potential, the increased average grade and a successful ‘Pump Test’ has put Cue on the road toward development and exploitation of the San Antonio Zone at Yuty.”

Click here to access the entire news release. 

Click here to access Cue Resources’ company profile.(TSXV:CUE)