re: Ann: Drilling Results Confirms Potential ... Hi toadskin,
Early drilling is purely about finding uranium mineralisation and certainly we did not already know uranium was there (this is the first ever drilling in this area) it was only inferred from the sandstone (pontential U host) channels in the AEM survey (and that the potential host sandstone is similar to that containing significant resources at nearby beverley, 4mile etc).
We are talking only 8 drill holes in a 150km area have been drilled and uranium mineralisation has already been found (something I wasn't expecting at all this early), and is a great indication that there could be within this channel a significant U resource.
Landslide.
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