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GRANTS/ AMBROSIA

U
40.50
USD/lb
-0.49
red
http://www.infomine.com/ChartsAndData/Chartbuilder.aspx?z=f&dr=1y&g=127677
Data as of May 20, 2013 12:00AM UTC


Key Facts
Status: Past Producer
Type of Work: Surface
Location: New Mexico, USA
                 32 km North of GRANTS

Commodities: Uranium
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Latest Information
June 3, 2008
A technical report dated May 30/08 was released and provided details of the property's contained uranium resources. The report recommended the acquisition of as much of the historical data as possible, and the undertaking of confirmation drilling programs to verify this historical information. The historical data should be evaluated to determine the geologic controls that localized the uranium mineralization, and undertake drilling programs to expand the areas of known mineralization. These programs should be sufficient to define the presence of mineral deposits and determine the economic viability of individual deposits.
June 3, 2008
TECHNICAL REPORT (NI 43-101) - ENGLISH
March 31, 2008
156 holes aggregating 338,600 feet (103,205 meters) of combined core and conventional rotary drilling has been recommended. In 2007, an exhaustive study of historical information from past uranium exploration activities in the region was conducted. The historical information obtained on these properties, along with material gathered on the project’s Mesa Redonda and West Endy properties, has led to an exploration program recommendation of 156 drill holes aggregating 338,600 feet (103,205 meters) of combined core and rotary drilling on the Ambrosia Lake properties.
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