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01/10/09
10:36
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Southern Uranium Limited (ASX Code: SNU)
Acceleration of new SA project on Hillside trend
Regional extensions to Hillside trend secured on South Australia’s northern Yorke Peninsula.
Two discrete magnetic targets already identified with Hillside attributes.
Minimal gravity data and past drilling show wider potential for other iron oxide- hosted copper gold uranium (IOCGU) targets at shallow depths.
Extensive gravity surveying to identify additional targets for early drill testing.
$14 mil in the bank..........dyor
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