Pancontinental Uranium Announces Results of JV Charley Creek REE Scoping Study

Pancontinental Uranium Corporation (TSXV:PUC) announced that the results of the scoping study of its joint venture with Crossland Uranium Mines Limited. JORC-Compliant Charley Creek showed robust economics for a long-term, low capital cost project.

As quoted in the press release:

The JORC-compliant Charley Creek Scoping Study was conducted by MSP Engineering, an independent consultant, and was overseen by Crossland’s Chief Operating Officer Tony Chamberlain. It details capital and operating cost estimates for all of the major facets of the Charley Creek REE Project including mining operations, wet and dry plant mineral concentration facilities, REO refinery, infrastructure, and water supply. The study assumes construction of a wet and dry mineral concentrator to produce a high grade (40%+) TREO concentrate followed by onsite refining to remove uranium, thorium and major gangue elements to yield a high purity mixed rare earth carbonate product.

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