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Gold/Mining/Energy : RSDS - Russell Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: NYBob1 who wrote (2)5/11/2007 12:23:23 PM
From: NYBob1  Read Replies (2) | Respond to of 53
 
Russell Industries Continues Acquiring Uranium Mining Claims -

Russell Industries, Inc.
(RSDS) announces that it has acquired an additional
50 Uranium Mine Claims in San Juan County, UT.
The claims are located in close proximity to
the Company’s other Rage Claims.

This acquisition raises Russell Industries current total
of San Juan County Uranium Claims to 254, covering an area
of 5,080 acres.

The company plans to begin mining operations, with
estimated reserves of up to 1,000 tons of Uranium, in May.

Ex. vs. nearby uranium operations -

DNN - The Company acquired five uranium deposits located
in the Arizona Strip district in north eastern Arizona
for cash consideration of $5,500,000 plus a 1% royalty
from Pathfinder Mines Corporation,
a subsidiary of the AREVA group ("AREVA").

Denison also committed to sell AREVA up to 6,500,000 pounds
of production from the Company's White Mesa mill.

- Denison's average sales price in the first quarter
was $62.27 per pound.

Message 23510954

Subject 57004

investorshub.com

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