Energy Metals, as manager of the Bigrlyi Joint Venture, announced the results of a recently completed resource estimate for the Bigrlyi Uranium and Vanadium project in the Northern Territory, Australia. Indicated resource is estimated at 2.74 million tonnes grading 0.153% U3O8, 0.230% V2O5 for 9.2 million lbs contained U3O8 and 13.9 million lbs contained V2O5. Inferred resource is estimated at 4.53 million tonnes grading 0.114% U3O8 and 0.247% V2O5 containing 11.4 million lbs U3O8 and 24.7 million lbs V2O5.
Energy Metals, as manager of the Bigrlyi joint venture in Australia, advised that all geochemical assays from the 2008 extensional drilling program have now been received. The latest assays include further significant uranium (and vanadium) intercepts including hole B08087, returning 7 m at 0.13% U3O8 and 1.13% V2O5 from 88 m.
Announced the geochemical assay results from the 2008 extensional drilling program. The results includes further significant uranium (and vanadium) intercepts including: B08087 intersected 7m @ 0.13% U3O8 & 1.13% V2O5 from 88m, B08088 returned 2m @ 0.25% U3O8 & 0.29% V2O5 from 72m and in B08095 found 5m @ 0.38% U3O8 & 0.09% V2O5 from 154m including 9m @ 0.27% U3O8 & 0.56% V2O5 from 234m.
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