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Entrepreneurial Spain-focused uranium play Berkeley Energy (BKY) says an updated pre-feasibility study has transformed the economics of its flagship Salamanca project by including the project’s shallow high-grade Zona 7 deposit. Steered by managing director Paul Atherley, former boss of Leyshon Resources (which left AIM in June), AIM-quoted Berkeley, whose shares have more than doubled since early spring to 26.5p, says the study was ‘managed internally, utilising inputs from a number of independent contractors’ and argues it significantly enhances the commercial attractions of Salamanca, which is currently estimated to hold a potential 88.2 million lbs of U308 triuranium octoxide.
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