CuDeco to specifically target uranium for the first time in new exploration programmes planned at Wilgar and the South-west Radiometric Anomaly
The Rocklands Group Copper Project has an extensive geophysics database acquired over many years, including airborne radiometric and surface geochemical analysis, both of which have highlighted elevated radiometric anomalies of potential importance.
Drilling at Wilgar targeting gold and silver mineralisation identified numerous zones of high-grade uranium, however due to the previous ban on uranium mining in the state of Queensland, and other areas of immediate focus for the Company, the exact nature of the uranium mineralisation and potential impact on the Wilgar or other prospects, has never been fully investigated.
CDU Price at posting:
$4.39 Sentiment: None Disclosure: Not Held