gets resource estimate for bigrlyi

Sydney - Tuesday - July 25: (RWE Aust Business News) - Energy
Metals (ASX:EME) has announced a resource estimate for the Bigrlyi JV
uranium and vanadium deposit in the Northern territory.
Indicated and inferred resources at a cut off of 0.2 per cent are
655,000 tonnes at 0.33pc uranium and 0.28pc vanadium.
At a 0.05pc cut off it is 3.76m tonnes at 0.14pc uranium and
0.17pc vanadium.
Energy Metals considers the 0.1pc cut-off grade of 1.84m tonnes
at 0.21pc uranium and 0.22pc vanadium is the most likely economic grade,
considering the style of the deposit.
In future it may revise the lower cut-off grade after any
additional resources are discovered and ore reserve parameters are
considered.
Test work to date has indicated recoveries of 98-99pc of the
uranium and 70pc of the vanadium using acid leach and fine grinding.
Valhalla Uranium (ASX:VUL) has a 41.7pc interest in the JV and
Southern Cross Exploration 5pc (ASX:SCX).
Energy Metals shares last traded at $2.10, Valhalla at $1.25 and
Southern Cross at 5.3c.