Latest uranium review results from Marmota Limited's Bridget Prospect (ASX release dated 5 February 2024, see post #: 72233485).
A recent review of the Bridget Prospect has provided significant scope for growth of the resource at Marmota's Junction Dam project following the identification of two separate uranium-bearing formations from two distinct geological ages – the Eyre Formation and the Namba Formation.
MEU says one of the Namba channels has what appears to be a huge 20-metre high stacked uranium roll-front, comparable to what is seen at the Four Mile uranium deposits.
Note: the Bridget Prospect is to the east of the Honeymoon uranium mine, on the same Yarramba palaeochannel that goes into Havilah's exploration tenements that Koba has signed binding agreements for re: exploration for Cenozoic age sand-hosted uranium.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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Latest uranium review results from Marmota Limited's Bridget...
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