AEE’s announced this morning an increase to 631 million pounds of their uranium JORC at their Haggan project in Sweden<\/p>\n
This jumps AEE to Australia’s largest uranium resource holder after BHP.<\/p>\n
As can be seen below there is a lot more to come and with a market cap of just AU$41m AEE is now the world’s cheapest, in terms of EV\/Resource, of the “giants” according to my research. (To understand the Haggan project you need to read about the tank leach and bio-leach techniques that have been developed to give a large % recovery in around 12 hours). See earlier posts on this blog<\/a>.<\/em><\/p>\n HIGHLIGHTS:<\/p>\n \uf034 Resource expanded to 631 million pounds of uranium at a grade of 160ppm U3O8<\/p>\n \uf034 H\u00e4gg\u00e5n Project now in the top three largest undeveloped uranium resources in the world<\/p>\n \uf034 Resource covers only 15% of the H\u00e4gg\u00e5n Project with significant potential for further increases around drilled, thick mineralisation<\/p>\n \uf034 Estimate independently prepared by Hellman & Schofield Pty Ltd<\/p>\n \uf034 H\u00e4gg\u00e5n includes substantial molybdenum (383,000t), nickel (580,000t) & vanadium resources<\/p>\n http:\/\/www.australianuranium.com.au\/Australian-Uranium-Stocks-by-Resource.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" AEE’s announced this morning an increase to 631 million pounds of their uranium JORC at their Haggan project in Sweden This jumps AEE to Australia’s largest uranium resource holder after BHP. As can be seen below there is a lot more to come and with a market cap of just AU$41m AEE is now the … Continue reading “AEE announces huge resource upgrade”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-681","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=681"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/681\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nNew milestone – H\u00e4gg\u00e5n uranium resource doubles to 631 million pounds<\/strong><\/p>\n