Syracuse Business Daily

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Summary: a production life of 5 25 years and an operating cost of US$24 per pound U3O8 Initial capital expenditure is projected at US$35 million including pre production costs of US$0 8 million Nichols Ranch Property A total of 214 uranium trend delineation holes were drilled on the Nichols Ranch project in 2007 one of the most advanced properties in the Uranerz Energy portfolio

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