2010 Exploration Program Uranium drilling | The company will need further funding to take forward its exploration plan and cover general working capital requirements. Exploration plans cover three main areas of activity. The extent and grade of the uranium outcrop at the Bass Mine and the encouraging metallurgical test results suggest that a focused drill program is warranted. | Geophysics on oxide copper targets | Due to encouraging oxidised copper outcrops, the presence of water, and the identification of a suitable leach pad, a geophysical program is planned for the Southern claims area. The intention is to firm up initial indications that the surface outcrop extends to depth. If the results are encouraging, a drill program will be undertaken. | More data on porphyry targets | More work needs to be undertaken on the investigation of the potentially intrusive structures close to the Huntoon Mine. The company intends to undertake a geophysical program to determine drill targets. |
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Last Updated ( Tuesday, 19 January 2010 17:20 )
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