allamber project 100% great news, page-3

westaussie & vine.

I concur with both of your comments....1.25m shares is payment for a 100%!!!....that's cheap.
Going on comments made in previous releases by management, I get the feeling they like these tenements.
Following are taken from previous news releases;
--------
First one from 28 March 2011..Helmsec's Annual mining Forum:

'Multiple broad intercepts
within individual holes
Depth and geometry
favorable for open pit
mining
Significant potential for
additional mineralisation
along strike and at depth
Potential for concurrent
uranium and copper
mining'
---------
Another one which I like better is the announcement on 6th Dec 2010, Significant uranium & copper intersections at Allamber JV project,NT....as follows:
---------
'Thundelarra considers ?the results from this limited drilling program to be particularly important
because: -
 The broad uranium intercepts at the Cliff South prospect occur in an area largely
untested by historical drilling and well away from the known uranium resources of
Twin and Dam. Importantly, the uranium mineralisation intersected in the drilling
does not have a surface radiometric response.
 The high grade uranium mineralisation appears to be associated with a north-east
trending fractural system which was not targeted by historical drilling. These
numerous north-east structures possibly also control the highest grade
mineralisation within the known resources at Twin and Dam.
 The strong uranium-copper mineralisation discovered at both the Cliff South and
Lucas prospects appears to be related to late stage granitic intrusions. This style of
mineralisation has the potential to host a large tonnage uranium-copper
resource and will be a target for exploration in 2011.?
-----------
With Thunderball and the other surrounding projects plus Allamber and Ngalia to the south, THX could possibly have a significant attraction to someone like Areva in France, or China.
I wonder how much copper is there?

Interesting times ahead, an great to see Brett and the team get those Allamber tenements SOOOOO cheap.

All we need now is some nice results from Red Bore's deep holes....fingers are tightly crossed.

Regards
Dabru