SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (41905)8/20/2009 7:12:51 PM
From: LoneClone  Read Replies (1) | Respond to of 193918
 
Burey Withdraws from Jailor Bore Acquisition
19 August 2009

mining-technology.com

Burey Gold has said it will not go ahead with an option agreement to acquire a 90% interest in uranium property Jailor Bore located in the Canarvon Basin, Western Australia.

The company has decided to withdraw from the option agreement in order to focus on its gold and uranium assets in Guinea in West Africa.

The decision was made as the West African portfolio offers by far the greatest potential to add shareholder value, the company said.

Burey has extended drill testing of known mineralisation at the Mansounia gold project and is conducting field mapping and sampling activities on its other prospective gold and uranium properties in Guinea.