PKT pocketmail group limited

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  1. 269 Posts.
    Whether you know how to interpret the last report or not, recon. drills are not going to define a resource... but something like this might:

    "This work led to the discovery of a shallow Tertiary basin which contains anomalous radioactivity and occurrences of carnotite. This basin is informally named the Clayton Basin and occupies an area of approximately 120km2 in EL 3622 (Fig. 1). Approximately 20km2 within the central part of this basin is prospective for potential economic, sedimentary uranium deposits. Of special interest is a scarp, approximately 1200m in length and 2.5 to 3m high that assayed between 29 to 374ppm uranium (11 assay locations) and averages 189.9ppm uranium. The latter is equivalent to an average of 223.8ppm U3O8 along the entire outcrop." Page 40 of 54 (02/10/2007 6:26PM)

    "2 holes were drilled in the ‘jump up’ area some 2.3 km to the north of LS-12 in order to test the northern extension of the basin and encountered highly anomalous gamma-ray activity of up to 900API (measured through the drill rods). These results indicate that the
    Clayton Basin may extend to the northwest and be prospective for sedimentary uranium mineralisation." Page 3 of 5 (19/11/2007 1:09PM)

    I happen to know what value Crosby have on PKT and what PKT themselves have on it. Take what you can get at these levels and then go travelling for a few months.
 
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