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URENERGY - MCT CLAIMS
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Key Facts
Location:
Colorado, USA
2 km South of TOPAZ MINE Commodities: Uranium
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Comparable Properties
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Latest Information August 10, 2007 Reported that the drilling contractor for the project encountered numerous opertional and equipment problems, causing the project to proceed slower than anticipated. A second drilling contractor was added to the MCT project. Five holes were ultimately completed to target depths. Even though the geologic character is conducive to mineralization, no mineralization was encountered to date. March 12, 2007 Announced the begining of its 2007 exploration phase. Half of the planned holes are testing for continuation of the mineralized sandstone channel westward onto the MCT group. The remaining holes are wide-spaced exploration holes. The total footage for the project will be approximately 8,400 feet. Drilling was scheduled to start March 12, 2007. |
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