InvestorsHub Logo
Followers 10
Posts 1604
Boards Moderated 0
Alias Born 10/23/2006

Re: righty post# 32679

Sunday, 11/18/2007 8:00:53 PM

Sunday, November 18, 2007 8:00:53 PM

Post# of 44848
Looking back at the Pr's, it seems that the logging on the cache claims came before the core samples were sent to the lab.

"Layne Berman and Tony Brandt representing Russell Industries, Inc. (Pink Sheets:RSDS) report that on August 29, an independent uranium drill logging company contracted by the company began the initial step in the process of quantification on the first ten holes drilled on its Cache claims in Utah’s Lisbon Valley.

Using Gamma technology, the preliminary results indicate that certain quantities of uranium were indeed found. To confirm these findings using alternate methodology, core samples taken from the tailings of the drilled holes are being sent to an independent laboratory for assay. Preliminary field analysis of these tailings indicates such mineralization as to suggest a reasonable probability that uranium is present in the area. "



In my head, this is the logical way to approach this. Why waste money and time in coring, if the logs come back indicating little or no evidence of uranium.

-faz



"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt