It is estimated that the drill program will continue until mid-December 2009 with first results available a short time after that.
The Frome Embayment (or Callabonna Sub-Basin), is Australia’s premier uranium provinces and host to the Beverley Uranium Mine and the four Mile, Oban, Honeymoon and Gould’s Dam Deposits. The company is the single lease holder in the Frome Embayment area with over 7,000 square km of leases.
In late 2007 a detailed Airborne EM (AEM) survey was completed and subsequent interpretation of this data has generated numerous channel targets for drill testing.
