AGE 3.85% 5.0¢ alligator energy limited

The results of the additional drilling were used to establish a...

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    The results of the additional drilling were used to establish a new Mineral Resource Estimate (MRE)
    for the Blackbush deposit in October 2022, which was further updated in March 2023. The latest
    MRE totals 18.1Mlbs at a cut-off grade of 250ppm U3O8 from 11.4Mt @ 720ppm and includes a
    significant proportion (60%) in the Indicated category. This, along with the favourable bench-scale
    test results, have been incorporated into the Scoping Study based upon the in-situ recovery mining
    (ISR) method with a 10.0 Mlbs U3O8 total Production Target at the Blackbush deposit
    , and annual
    production targeting 1Mlbs pa U3O8 with a ramp up and ramp down as shown below.

    They will do far more dilling here and the scoping study will be updated .. this is a starting point based on current resource.




 
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