The Water Factor In Uranium Mining - by James E. Finch

The Water Factor In Uranium Mining - by James E. Finch: "Water plays an integral role for In Situ Recovery (ISR) uranium mining. If the water is not in the right place, ISR mining can not take place. A company’s ‘pounds in the ground’ are nearly worthless or may have to be extracted through other means.

One of the purposes of the Advanced ISR series is to finally bury the misleading ‘Pounds in the Ground’ mantra. Some uranium companies have given the wrong impression about their resource estimates by championing the number of their historical pounds. Some of those pounds might never be mined or even permitted for mining. Having NI 43-101 compliant resources does not necessarily confirm whether companies have economic deposits in which the extraction process can take place. Water could be the issue."