UOG is involved with Bungalow Well, Four Corners Bore, Walling Rock and Galah Rock
projects. They all cover interpreted paleochannels with high-level uranium
sample values and/or radiometric anomalies.
The Bungalow Well project covers about 100 sq km of highly
prospective ground with uranium mineralisation indicated by surface
sampling and several drillholes.
The Rubberoid Well project contains uranium prospectivity in a
geological setting similar to that hosting the East Alligator River
uranium deposits in the Northern Territory.
Trading under IPO - cheap comparative with other exploration plays
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