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Bannerman Resources: Quarterly Activities Report For the Period Ended 30 September 2017
Oct. 17, 2017 08:22AM PST
Energy InvestingBannerman Resources (ASX:BMN) (NSX:BMN) (“Bannerman” or “the Company”) is pleased to report on a productive September quarter. Highlights Etango’s long term tenure secured by Retention Licence Granted 5 year extendable retention licence Tenure secured over entire future Etango mine site and two satellite deposits Ideal tenure for flexibility and moving to mining licence when uranium price …
Bannerman Resources (ASX:BMN) (NSX:BMN) (“Bannerman” or “the Company”) is pleased to report on a productive September quarter.
Highlights
Etango’s long term tenure secured by Retention Licence
- Granted 5 year extendable retention licence
- Tenure secured over entire future Etango mine site and two satellite deposits
- Ideal tenure for flexibility and moving to mining licence when uranium price recovers
DFS Update progressing well
- Targeting substantial capital and operating cost improvements
- Processing Optimisation Study near completion
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