Uranium play takes shape for Compass

ADVANCED Northern Territory-focused developer Compass Resources will push ahead with a definitive feasibility study over its Mt Fitch uranium deposit, after a scoping study found the project to be robust in the current uranium market.

Uranium play takes shape for Compass Uranium play takes shape for Compass Uranium play takes shape for Compass Uranium play takes shape for Compass Uranium play takes shape for Compass

The scoping study found that Mt Fitch - home to a 18.3 million tonne resource grading 0.79 pounds per tonne for 14.5 million pounds uranium oxide - could support a 2Mt per annum operation.

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