Uranex Postpones Exploration Survey of Mkuju Uranium Project

Mining Weekly reported Uranex (ASX:UNX) has postponed an electromagnetic survey of its Mkuju uranium project in Tanzania.

As quoted in the market news:

The company had initially intended for the geophysical survey, which will comprise radiometric and magnetic components, to be undertaken in November 2011, but postponed this owing to the start of the rainy season.

Once completed, the survey will contribute to the setting of exploration targets for the 2012 programme and will include the delineation of geological structures that control mineralisation at Likuyu North and elsewhere within the Mkuju project area.

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