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Gold/Mining/Energy : KITCO - Gold discussion -- Ignore unavailable to you. Want to Upgrade?

To: siempre33 who wrote (391)	5/2/2008 5:09:52 AM
From: siempre33	Read Replies (1) \| Respond to of 989

Uranerz Reports Independent NI 43-101 Uranium Resources on Hank Property Thursday May 1, 6:40 pm ET CASPER, WYOMING--(MARKET WIRE)--May 1, 2008 -- Uranerz Energy Corporation ("Uranerz" or the "Company") (Toronto:URZ.TO - News)(AMEX:URZ - News)(Frankfurt:U9E.F - News) is pleased to announce that it has received an independent National Instrument 43-101 ("NI 43-101") technical report for the Hank property confirming a "measured and indicated" mineral resource of 2,236,050 pounds of U308 at an average grade of 0.123% and an "inferred" mineral resource of 246,753 pounds of U308 at an average grade of 0.087%. These mineral resource estimates were calculated in accordance with the requirements of NI 43-101 and the Canadian Institute of Mining Metallurgy and Petroleum Definitions Standards incorporated by reference therein using a GT(i) cut-off of 0.20. The uranium mineral resources at the Hank property, located in the Pumpkin Buttes Uranium Mining District of the central Powder River Basin of Wyoming, U.S.A., are comprised of sandstone-hosted "roll front" uranium deposits that are typical to the area and often amenable to in-situ recovery ("ISR") mining techniques. the entire report here... uranerz.com