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Summit rising up the ranks

SUMMIT Resources has handed down the first of eight uranium resource upgrades expected this year, bumping up the estimate for the 50%-owned Valhalla deposit by 56% to take the mantle of the fourth-largest undeveloped deposit in Australia.

Michael Vaughan
Summit rising up the ranks

The resource upgrade lifts Valhalla to fourth, behind ERA’s Jabiluka, BHP Billiton’s Yeelirrie and Rio Tinto’s Kintyre deposits. The indicated and inferred resource estimate of 33.3 million tonnes grading...

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