The following represents information about the Wedge Hills Properties which has been summarized from the Wedge Hills Properties Technical Report. Certain of the figures from the Wedge Hills Properties Technical Report are included in this Prospectus. The remaining figures are contained in the Wedge Hills Properties Technical Report, which has been filed on the
SEDAR website at http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026028
Mining model: Rössing-type, large tonnage, intrusion-related uranium deposit amenable to open pit mining. The George River properties covers a strong regional-scale uranium anomaly in lake-bottom sediments. Results show the average Uranium and Potassium values are roughly twice the values expected for typical Archean terrain, suggesting a very fertile bedrock terrain.
Atomic Structure
Number of Energy Levels: 7
First Energy Level: 2
Second Energy Level: 8
Third Energy Level: 18
Fourth Energy Level: 32
Fifth Energy Level: 21
Sixth Energy Level: 9
Seventh Energy Level: 2
Uranium Trend Commentary
The following summary of the uranium industry has been based in its entirety upon the following sources: (i) miscellaneous published reports available at www.world-nuclear.org; and (ii) UX Nuclear Fuel Price Indicators published by the Ux Consulting Company LLC. All opinions, expectations and estimates contained in the following industry summary which are not specifically ascribed to management of the Company are solely those of the authors of the aforementioned reports and sources. See also "Cautionary Statement Regarding Forward Looking Information" and "Risk Factors".
Uranium Industry Trends
A number of trends in the nuclear industry have the potential to affect the Company's business environment. Current trends are encouraging for explorers and producers of uranium. Read More