Resource News

Mega Uranium Ltd. (TSE:MGA) reports on an update on the development of its Lake Maitland uranium project in Western Australia.

Mega Uranium Ltd. (TSX:MGA) reports on an update on the development of its Lake Maitland uranium project in Western Australia.

The press release is quoted as saying:

The results of the disequilibrium study conclude that, overall, positive disequilibrium exists in the Lake Maitland deposit and that downhole radiometric logging significantly understates the actual uranium grade. This has the potential to increase the magnitude of the resource as the resource estimation to date has been based mainly on data from downhole radiometric logging.

Click here to access the entire news release. 

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