Uranium
The Company has initiated initial exploration activities in SOMAN II and IV areas in Niger Currently radiometric soil survey is being carried out at 1000 points in the permits. The Company has engaged Stratamodel Inc., USA to carry out the radiometric soil survey. The Company intends to complete its identification of close grid drill targets by the May 2009 Drilling will commence by May 2009 The Company has allocated a budget of $5mn in 2009 for developing its uranium property.
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