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    market news

    Uranium Resources Confirms At-Depth Mineralization

    Investing News Network
    Apr. 20, 2012 01:48PM PST
    Energy Investing

    Mining Weekly reported Uranium Resources plc’ (LSE:URA) has confirmed stacked roll-front mineralization at depth at its Mtonya project in Tanzania.

    Mining Weekly reported  Uranium Resources plc’ (LSE:URA) has confirmed stacked roll-front mineralization at depth at its Mtonya project in Tanzania.

    As quoted in the market news:

    To date, four vertical diamond drill holes have been completed to a total of 1 360 m, with all four holes encountering uranium mineralisation, and three holes intersecting grades over the 100 parts per million gamma-ray probe equivalent uranium oxide (eU3O8). All four holes have intercepted stacked uranium channels, and are set in a fencelike pattern, at between 50 m and 150 m apart, with two drill holes intercepting a previously unknown mineralised feature at depths below 300 m.

    Click here to read the full Mining Weekly report.

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