U3O8 Corp. Announces Definition of Additional, Higher-Grade Uranium-Vanadium Layers at Laguna Salada, Argentina

"By applying what we have learned from the discovery of higher-grade uranium-vanadium in the La Rosada area, announced in the last few weeks, our exploration team has identified similar higher-grade layers at the base of the gravel, and beneath the gravel, at Laguna Salada," said Dr. Richa...

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Bibliographic Details
Published inPR Newswire
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 07.02.2017
Subjects
By products
Community support
Mineralization
Social networks
Uranium
Argentina
TORONTO
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Summary:"By applying what we have learned from the discovery of higher-grade uranium-vanadium in the La Rosada area, announced in the last few weeks, our exploration team has identified similar higher-grade layers at the base of the gravel, and beneath the gravel, at Laguna Salada," said Dr. Richard Spencer, CEO of U3O8 Corp. "The identification of higher-grade potential provides an opportunity to further reduce estimated production costs for the Laguna Salada Deposit. Target 1 (Figure 1): Infill trenching of the higher-grade zone in the basal gravel on the northwestern margin of the Laguna Salada Deposit is required so that this layer may be incorporated into a resource yet other veins require first-time exploration drilling. Follow U3O8 Corp. on Facebook: www.facebook.com/u3o8corp, Twitter: www.twitter.com/u3o8corp and Youtube: www.youtube.com/u3o8corp Forward-Looking Statements This news release includes certain "forward looking statements" related with the development plans, economic potential and growth targets of U3O8 Corp's projects. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intensions for the future, and include, but not limited to, statements with respect to: (a) the low-cost and near-term development of Laguna Salada, (b) the Laguna Salada and Berlin PEAs, (c) the potential of the Kurupung district in Guyana, (d) impact of the U- pgradeTM process on expected capital and operating expenditures, and (e) the price and market for uranium. [...]statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements,...