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Reno Creek in situ recovery uranium project, Wyoming, US

5th April 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Reno Creek in situ recovery uranium project, Wyoming, US.

Client
Bayswater Uranium Corporation and Pacific Road Resources Fund.

Project Description
The Reno Creek project is located in the Powder River basin of Wyoming and is estimated to contain measured and indicated resources of 20.9-million tons at an average grade of 0.052% uranium oxide (U3O8), containing 21.9-million pounds of U3O8. The project’s inferred resource is an estimated 1.6-million tons at an average grade of 0,050% U3O8, containing1.6-million pounds of U3O8.

The project is designed to produce about 1.5-million pounds a year of U3O8 from 18 production units and a central processing plant (CPP).

Value
Initial capital costs are estimated at $75.6-million and includes the CPP facility and the first production unit at Reno Creek, which consists of six wellfield/header houses an estimated 480 production wells and 40 monitor wells.

Duration
A timeframe has not been disclosed.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Bayswater Uranium Corporation, tel +1 604 687 2153 or fax +1 604 669 8336.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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