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    Vimy Resources Ups Resource Estimate By 60 Percent

    Investing News Network
    Dec. 19, 2014 08:58AM PST
    Company News

    Vimy Resources (ASX:VMY) – formerly known as Energy & Minerals Australia – has upped its Mulga Rock uranium deposit mineral resource estimate by 60 percent.

    Vimy Resources (ASX:VMY) – formerly known as Energy & Minerals Australia – has upped its Mulga Rock uranium deposit mineral resource estimate by 60 percent. The Princess deposit is now estimated to contain 3.8 million tons, grading 480 parts per million uranium oxide. Some 1.9 million pounds of this resource was classified as “indicated”.

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