Pele Mountain Retains Roscoe to Prepare Updated Resource Estimate for Eco Ridge Uranium Project
Pele Mountain Resources Inc (TSXV:GEM, OTCQX:GOLDF) announced that it has retained Roscoe Postle Associates Inc for the filing of the updated mineral resource estimate for Eco Ridge in Elliot Lake, following the completion of its PEA which showed that the project has potential to become a profitable uranium oxide producer.
Pele Mountain Resources Inc (TSXV:GEM, OTCQX:GOLDF) announced that it has retained Roscoe Postle Associates Inc for the filing of the updated mineral resource estimate for Eco Ridge in Elliot Lake, following the completion of its PEA which showed that the project has potential to become a profitable uranium oxide producer.
As quoted in the press release:
The updated resource estimate is expected this quarter and will include recently drilled areas of higher-grade and thicker mineralization to the northwest of the current Resource Wireframe. All 11 holes drilled in this area late last year successfully intersected the Main Conglomerate Bed (“MCB“) over a 3-kilometre strike length, with 9 of the 11 holes significantly exceeding the average total REO grades and 9 of the 11 holes significantly exceeding the U3O8 grades reported in the current Resource Wireframe. For more information on the recent drill program please see Pele’s press release dated January 29, 2013.
Click here to read the full Pele Mountain Resources Inc (TSXV:GEM, OTCQX:GOLDF) press release.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1835.11 | +4.10 | |
Silver | 21.35 | +0.21 | |
Copper | 3.79 | +0.05 | |
Palladium | 1895.50 | +18.50 | |
Platinum | 917.00 | +6.00 | |
Oil | 107.74 | +0.12 | |
Heating Oil | 4.25 | 0.00 | |
Natural Gas | 6.14 | -0.07 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â