my understanding is that they have a pretty good handle of the mineralisation structually so are not putting down wildcat holes so to speak.
In saying that drilling has not stepped out far enough to delineate any boundary of the mineralisation in a northerly direction.
Could be a metre, could be a mile.
Found out some other interesting info lately too that might get quite a few excited.
Will post in detail when I get a chance but has the potential to be a world class exploration project and may be one of the reasons why they decided to cash out of UMC so they can fund it.
A snippet of info until I can post in more detail.
Very little exploration has been undertaken beneath the cover. However limited work carried out in the early 1980’s generated drill intercepts as high as 5,261 ppm U3O8 (12 lbs/t), thereby confirming the potential for ore grade uranium mineralisation within the central basin.
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understanding how excellent these results are, page-14
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