"UXA has been approached by a major international uranium company to provide PFN logging at all of its mines & exploration projects world wide. The company has significant projects in USA requiring PFN and work on this project is expected to start in February 2011"
Now it's close to mid Feb. Announcement due.
The "major North American company" is actually "major international uranium company".
international !!!
Succeed with this "major partner" can result UXA being awarded many similar contracts from other big U3O8 players.
"PFN is already in use at 6 projects and uranium disequilibrium issues are progressively being revealed."
$1million each = total $6 million income, plus the upcoming projects from the "major international uranium company"...... =huge potential!
"Increasing demand for PFN tool and new gyroscopic tool for iron ore industry" --you know how big the Australian iron-ore industry is.
@ Dom5
"Mineralisation style is similar to Cadjebut, WA Pale ?C low iron sphalerite = potential for very high grade zinc concentrates"
"Magnetic features similar to Kalkaroo Cu-Au deposit (SA ?C Havilah Resources Ltd 62.5Mt @ 0.52%Cu, 0.48g/t Au)"
"drilling targets for Zn-Pg-Ag as well as IOCG style Cu-Au deposits"
What if Copper found there?
@ HREE-- Already in place, drilling start at the end of March.
"HREE includes ??????.Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb and Lu"
UXA Price at posting:
5.1¢ Sentiment: LT Buy Disclosure: Held
