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    Greenland Minerals Finds 162 Mlbs U3O8 at Australia Project

    Written by Investing News Network
    |
    Mar. 21, 2012 02:33PM PST

    Greenland Minerals and Energy Limited (ASX:GGG) announced the first mineral resource estimate for the ‘Zone 2’ multi-element deposit discovering uranium and rare earths.

    Greenland Minerals and Energy Limited (ASX:GGG) announced the first mineral resource estimate for the ‘Zone 2′ multi-element deposit discovering uranium and rare earths.

    As quoted in the press release:

    Highlights:

    – Zone 2 inferred mineral resource of 242Million tonnes (Mt)* @ 304 ppm U3O8, 1.1 % total rare earth oxide (TREO)**, 0.26% zinc

    – Zone 2 contained metal inventory of 162 Mlbs U3O8, 2.67 Mt TREO *

    – Global metal inventory* now 512 Mlbs U3O8 (increase of 46%) and 9.2 Mt TREO (increase of 39%); 1.98 Mt zinc

    Click here to read the Greenland Minerals and Energy Limited (ASX:GGG) press release.  

    asx:ggggreenland minerals and energy
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