Great strategic move to sure up the region.I’m no geologist,...

Great strategic move to sure up the region.

I’m no geologist, however as I stated previously I think the source of our uranium may have come from Burra. To this day, Burra remains a geological enigma. It was once labelled the Monster Mine and at one point in history was the biggest in the world. Therefore, the link to Burra could make this a carbon replica to Heathgate Resources massive deposits. Much as the Mount Painter and Mount Gee domains in the North Flinders Ranges are likely the source of trickle-down uranium that accumulates at the end of the basin where Beverley and Four Mile are located.

Anyhow, so glad to have a few of the old Heathgate heads in our team to evaluate the potential.Also, with Boss Energy sniffing around in top part, if they find something first, it will become very interesting. On the other hand, if they don’t or we find the higher grade, it could start to highlight Burra as a potential source - in theory.

With the massively imbalanced supply and demand for uranium which is expected to persist for many years to rectify, this will be one to watch between our rare earth news flow.

The diagram below has been cut from the announcement with my scribbings in red pen (showing the trickle-down uranium). Note: I'm no geologist and this is All In My Opinion (AIMO).






AIMO, DYOR, GLTA(patient)H