Stonehenge Metals confirms that the first hole of the present drilling program was spudded on Thursday, 4 April 2013 A 12 diamond drill hole program is proposed to confirm historical uranium drill results and establish a maiden vanadium resource Vanadium credits could lower Opex to less than $14 per lb resource Local area mapping has located 10 to +50m thick outcrop of Uranium & Vanadium mineralised Black Shale over more than 500m of strike up dip from the current drilling program Four trenches covering ~250m of strike have been channel sampled and samples will be sent for chemical assay during April with results expected in May 2013 Additional trenches over the remaining out-cropping strike extension will be completed during the course of the current drilling program
SHE Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
