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Canada's Khan Resources Reports Positive Results for Dornod Uranium Project in Mongolia


Industry Segment: Metals & Minerals | Word Count: 1004 Words

BANGALORE, INDIA--March 17, 20090--Researched by Industrial Info Resources (Sugar Land, Texas)--Khan Resources Incorporated (TSE:KRI) (Toronto, Canada), a mineral exploration and development firm, recently announced the results of the direct feasibility study of the Dornod Uranium project in northeastern Mongolia. The firm reported strong economic viability of the project, which will produce 3,500 tons per day of uranium during a 15-year mine life, pegging the average annual production rate at 3 million pounds of triuranium octoxide at a cost of $23.22 per pound.

Other companies featured: Aker Solutions ASA (OSL:AKSO), Scott Wilson Group plc (LSE:SWG), Marubeni Corporation (TYO:8002)

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