NEW uranium deposits Niue IN THE PACIFIC
Australian company Yamarna Goldfields Ltd has entered into an agreement c exploration company Avian Mining Pty Ltd, to acquire 80% equity interest in the project #39;Uranium and Minerals#39; on the island of Niue in the Pacific Ocean, which is located 480 kilometers north-east of Tonga. The company expects to spend on carrying out works razvedrochnyh about 920 thousand U.S. dollars.
Geological modeling conducted by Avian and government scientists from New Zealand and Australia indicates a potentially large deposit of uranium ore, which are covered calcareous sediments. According Yamarna, geological model of the field allows us to assume that the uranium mineralization is manifested in the same or even greater extent as in the copper-gold-uranium deposit Olympic Dam. Currently Yamarna plans to define the scope of potential reserves, and the content of useful component, and then prepare a report on the impact of field development on the environment and Niue request for renewal of operating licenses for the exploration license for the extraction of minerals.
