Uranium One Ups Tanzania Resource By 42 Percent

Reuters Africa reported Uranium One (TSX:UUU) boosted the official resource at its Mkuju River uranium project in Tanzania by 42 percent.

As quoted in the market news:

The total measured and indicated resource rose to 93.3 million pounds of contained uranium. The company will use the updated resource as the basis for a feasibility study due in the first quarter of 2012.

Click here to read the full Reuters Africa report.