Henkle and Associates (Henkle) has completed its first resource estimate for Minergia SAC, a uranium exploration company owned by Vena (75%) and Cameco Corporation (25%).
The NI 43-101 compliant resource estimate only encompasses five of the nine properties in the Macusani region.
The current resource numbers are based on 25,187m of diamond drilling in 158 drill holes performed over four years covering a small portion of the prospective target areas.
The current resource numbers indicates an overall resource estimate for the Macusani region of 8,316,818 pounds of indicated resources and 14,211,857 pounds of inferred resources at 0.18 pounds per ton cutoff and 7,618,216 pounds of indicated resources and 13,172,202 pounds of inferred resources at 0.36 pounds per ton cutoff.
A new drill program is expected to begin mid-January 2011 intended to increase resources at Tantamaco and Isivilla.
