re: Ann: Exploration agreement for Yambla in... UXA are continuing field sample testing after finding nodules with a maximum of 13.7% uranium at Yambla in the Harts Range near Alice Springs. Following the results of this testing UXA will follow on with shallow drilling.
Often field sampling results fail to follow up with good drilling results though. Though UXA have the advantage of its own drilling company, Geoscience.
At a price of 4.1c up 0.5c yesterday there is nothing in the stock price of UXA for tenement value, and will hopefully move on to trade in the 5c - 7c range.
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