This NI 43-101 compliant updated estimate increases the amount of uranium contained in the indicated resource by 39% to 28.5 million pounds of U3O8 and increases the overall size of the deposit.
Tetra Tech, the firm that is conducting the ongoing prefeasibility study on Kuriskova, has reviewed, audited and approved the updated resource estimate.
Overall, the uranium oxide contained in the Kuriskova deposit has increased by 3.1 million pounds of U3O8 and now comprises 28.5 million pounds at 0.555% U3O8 in the indicated resource and an additional 12.7 million pounds in inferred resource at 0.185% U3O8.
The updated estimate incorporates the results of 18 diamond drill holes totaling 4,548m that were drilled since the last resource estimate.
