The uranium intercepts increased the strike length of uranium mineralization to approximately 2,200ms, an increase of 1,100m over the intercepts.
With an average width of approximately 450m within ML6402, the mineralization has maximum width of approximately 800m and is open to the northeast.
The high grade uranium mineralization comprises intersections from two lines located in the northeastern extremity of ML6402, adjacent to Heathgate Resources’s Pepegoona wellfields on ML6387, the company said.
Located 550km north of Adelaide in South Australia, the Four Mile uranium project has a total Resource of 9.8 million tons grading 0.33% U3O8 for 71 million pounds of U3O8.
