2,100 TONNE RESOURCE
A Recognised Sediment-Hosted Uranium Province in South Australia
Numerous uranium prospects and the Oban uranium deposit occur in Cenozoic palaeochannels within a > 8,000 square km 100% owned land holding.
In a similar setting to the long-running Beverley uranium mining operations and the nearby Honeymoon uranium project.
Low sovereign risk, mining friendly South Australia, the only state in Australia where uranium is presently being mined.
OBAN URANIUM RESOURCE
JORC Inferred Resource of 8 million tonnes of 260 ppm eU3O8 for a total contained 2,100 tonnes of eU3O8 (JORC 2004).
MANY PROMISING PROSPECTS
>8,000 km2 tenement holding traversed by two large uranium bearing Cenozoic palaeochannels. Numerous prospects identified by earlier drilling that warrant follow up.
RECOGNISED URANIUM PROVINCE
Proximity of the Honeymoon uranium project (owned by Boss Energy Limited) located on the Yarramba palaeochannel immediately south.