highlights:
A total of 536 holes were drilled for 14,459 metres at Koppies during the quarter.
Drilling activities are expected to expand the current JORC resource of 20.3 million pounds eU3O8 at Koppies 1 and 2.
Notable intersections from this drilling campaign include:
KOR1492 6.0 m at 339 ppm eU3O8 from 6.5 m for a GT of 2,034
KOR1609 7.5 m at 203 ppm eU3O8 from 2.5 m for a GT of 1,523
KOR1648 5.0 m at 212 ppm eU3O8 from 5.5 m for a GT of 1,060
KOR1656 9.0 m at 187 ppm eU3O8 from 0.5 m for a GT of 1,683
KOR1709 0.5 m at 1,814 ppm eU3O8 from surface for a GT of 907
and 5.0 m at 285 ppm eU3O8 from 25.0 m for a GT of 1,425
KOR2014 4.0 m at 275 ppm eU3O8 from 8.5 m for a GT of 1,100
KOR2025 3.5 m at 269 ppm eU3O8 from 0.5 m for a GT of 942
During the June Quarter, the Group incurred exploration expenditure of $1,445,390. Roughly $2700 per hole
$6,000,000 cash used in the past year
$10,059,000 cash in the bank
SP catalysts:
Updated Koppies resource is targeted to be completed by the end of October
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