Company Overview
Cue Resources Ltd. is a Vancouver, Canada based exploration company focused on developing the Yuty Uranium Project in Paraguay.
Cue is focused on the Yuty Uranium project in southeastern Paraguay. This property was extensively explored in the late 1970's and early 1980's, leading to the discovery of significant uranium mineralization in a roll-front environment. Activities then ceased with the global fall in uranium prices. Worldwide, deposits of this nature are commonly recoverable through the use of in situ recovery technology (ISR). Four major drilling campaigns have now been completed by CUE. The current resource is 11.14 Million lbs of eU308 which has been finalized in the updated
NI 43-101 technical report. This technical report shows an increased average grade and resource at the Yuty Uranium project.
| Indicated Resource |
7.837M tonnes @ 0.052 % eU3O8 |
containing 8.914M lbs eU3O8 |
| Inferred Resource |
2.139M tonnes @ 0.047 % eU3O8 |
containing 2.226M lbs eU3O8 |
Recently completed
Pump Test results, suggests that in-situ recovery or ISR mining technology can be utilized at Yuty to extract the uranium.
In Situ Recovery (ISR) is injected-solution mining that reverses the natural process that deposited the uranium in the sandstones. On-site ground water is fortified and introduced to the uranium ore body through a pattern of injection wells. The solution dissolves the uranium from the sandstone host.