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    Pancontinental Uranium Announces Charley Creek Update

    Investing News Network
    Jul. 05, 2012 12:43PM PST
    Company News

    Pancontinental Uranium Corporation (TSXV:PUC) and its joint venture partner Crossland Uranium Mines Limited (ASX:CUX) announced an update on its Charley Creek project.

    Pancontinental Uranium Corporation (TSXV:PUC) and its joint venture partner Crossland Uranium Mines Limited (ASX:CUX) announced an update on its Charley Creek project.

    As quoted in the press release:

    Crossland is pleased to advise that Pancontinental has resumed funding of their 45% equity in the Joint Venture for 2012.

    Crossland recently released an initial JORC-compliant Resource estimate of Indicated and Inferred alluvial Rare Earth Oxide (REO) Resources for two areas at the Charley Creek Project.

    Crossland has commenced a comprehensive technical program to rapidly Enhance, Expand, and De-risk the Project to begin assessment of the economic viability of a large scale alluvial Rare Earth Oxide (REO) mining and processing operation. The principal elements of this program are as follows.

    Click here to read the Pancontinental Uranium Corporation (TSXV:PUC) press release.  

    asx:cuxjoint venturetsxv:pucuranium mines
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