Teasdale Lake Zone
Resource Snapshot
| Indicated Resources | |
| Average Thickness | 9.48 m |
| Overall Size | 14,435,000 tons of rock |
| U3O8 Size | 7,995,000 lbs U3O8 |
| Grade U3O8 | 0.554 lbs U3O8/ton 0.028 wt% U3O8 |
| REE Size | 47,689,000 lbs TREE |
| Total REE Grade Individual REE Grades |
3.30 lbs TREE/ton 0.165 wt% TREE 422 ppm La 745 ppm Ce 73.8 ppm Pr 247 ppm Nd 41.1 ppm Sm 1.7 ppm Eu 26.2 ppm Gd 3.2 ppm Tb 14.3 ppm Dy 2.3 ppm Ho 5.8 ppm Er 0.8 ppm Tm 4.6 ppm Yb 0.7 ppm Lu 59.4 ppm Y |
| Inferred Resources | |
| Average Thickness | 9.82 m |
| Overall Size | 42,447,000 tons of rock |
| U3O8 Size | 20,115,000 lbs U3O8 |
| Grade U3O8 | 0.474 lbs U3O8/ton 0.024 wt% U3O8 |
| REE Size | 133,175,000 lbs TREE |
| Total REE Grade Individual REE Grades |
3.14 lbs TREE/ton 0.157 wt% TREE 401 ppm La 709 ppm Ce 63.9 ppm Pr 232 ppm Nd 39.0 ppm Sm 1.6 ppm Eu 24.6 ppm Gd 3.0 ppm Tb 13.5 ppm Dy 2.1 ppm Ho 5.5 ppm Er 0.7 ppm Tm 4.4 ppm Yb 0.6 ppm Lu 56.5 ppm Y |
TREE = Total Rare Earth Elements
TREE = sum of La+Ce+Pr+Nd+Sm+Eu+Gd+Tb+Dy+Ho+Er+Tm+Yb+Lu+Y
ppm = parts-per-million, 500 ppm = 1 lb/ton
- The Teasdale Lake zone Uranium and Rare Earth Element Mineral Resource Estimate is effective as of July 30, 2013
- Mineral Resources were prepared from a polygonal model estimated at a cut-off value of $100 per tonne, using a uranium price of US $70/lb. U3O8, a combined TREE price of $78/kg, and a C$:US$ exchange rate of 1:0.9
- A specific gravity (S.G.) of 2.85 tonnes/m3 (or 3.14 tons/m3) was used
- Indicated amounts may not precisely sum due to rounding
- Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues
- The quantity and grade of reported Inferred Resources are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as Indicated or Measured Mineral Resources, and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured Mineral Resource category
- The Mineral Resources were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005
Stage
Exploration and resources delineation
Teasdale Lake Resource Polygons as of July 2013
Mineralization Cross-Section of the Teasdale Lake Zone
