Virginia Agencies Develop Draft of Uranium Mining Regulations

Virginia Energy Resources Inc. (TSXV:VAE,OTCQX:VAERF) reported Governor McDonnell’s has asked regulatory agencies to begin drafting a uranium mining policy.

As quoted in the press release:

Every independent scientific study conducted by the Commonwealth over the past 30 years has come to the same conclusion, that uranium mining can be conducted safely in Virginia as long as stringent regulatory standards and industry best practices are put in place. The Governor’s decision moves the Commonwealth one step closer toward adopting these standards and will allow our company to demonstrate our sincere commitment to protecting the environment and the well-being of Virginia’s citizens.

Click here to read the Virginia Energy Resources Inc. (TSXV:VAE) press release.