Khan Resources‘ (KRI-T, KHRIF-O) Dornod project has probable reserves of 49 million lbs. uranium oxide from the No. 7 and No. 2 deposits.
The No. 7 underground deposit has probable reserves of 11.28 million tonnes grading 0.156% U3O8 (using a cutoff of 0.04% U3O8) while the No. 2 open pit deposit reserves total 6.94 million tonnes grading 0.127% U3O8 (0.025% U3O8). The probable reserves are inclusive of, not in addition to, a 64-million lb. indicated resource.
An article posted to the web on July 11 misstated the project’s reserves and resources.
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