Service Contract for Uranium Exploration Awarded to Terra Insight Servicesadmin
Terra Energy & Resource Technologies, Inc., an energy and natural resource exploration technology company, announces that it has been awarded a $300,000.00 service contract. According to the contract signed with SEMMEOUS LION MINING LTD. (SLM), a Niger firm, the Company is to apply its proprietary STeP® technology in prospecting for uranium on SLM’s license blocks.
“It is exciting that the service contract for exploration for such a valuable strategic mineral as uranium was awarded to us. SLM is the second largest uranium exploration license holder in Niger, and we are pleased that we will assist SLM in analysis of some of its territories,” said Dmitry Vilbaum, Chief Executive Officer of Terra Energy & Resource Technologies, Inc.
The contract is to be performed in three major phases in relation to the areas earmarked for exploration by the client. Terra Insight Services, Inc., the services division of the Terra Energy & Resource Technologies group of companies, will perform the STeP® analysis for SLM.”
“The Company’s core competence and competitive advantage are our technologies. SLM recognizes that Terra Insight Services will improve accuracy, efficiency and effectiveness of the exploration process,” said Dr. Alexandre Agaian, President of Terra Energy & Resource Technologies, Inc. “In addition to the satellite-based study, the Company has offered to the client the Adsorbed Gas-geochemical Survey services, which will add significant value, especially if used in conjunction with STeP®.”
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc. provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources and assesses them for any given geographic area — on or offshore. For more information, visit http://www.terrainsight.com.