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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters9/4/2006 1:03:58 PM
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U308


Moriarity

The first project we saw was the Lumina project where Cash planned a minimum of 3500 meters of drilling for 2006 but results from early drilling encouraged them to mobilize a second drill rig. We saw drill core that pegged the scintillator but due to the radioactive nature of the ore, it has to go to a special government lab in Saskatoon. That and the backlog of samples from other companies has caused a giant backlog. In any case, it's the end of August and results should be forthcoming shortly.

The Lumina project is a structurally controlled high grade uranium project similar to that of the Athabasca Basin Model.
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