No-one cares except me: Sydney - Friday - November 24: (RWE...

No-one cares except me:

Sydney - Friday - November 24: (RWE Australian Business News) -
Energy Metals Ltd (ASX code: EME) reports drilling at its 53.3 per cent
owned Bigrlyi project has intersected significant extensions to the
current uranium deposits, including intercepts of 2.45m at 1.01% U3O8
and 5.95m at 1.01% U3O8.
The Bigrlyi project is located in the Northern Territory, about
350km northwest of Alice Springs, and is a joint venture with Paladin
Resources Ltd (ASX code: PDN) subsidiary Valhalla Uranium (41.7%) and
Southern Cross Exploration NL (ASX code: SCX) (5%).
The project was subject to significant exploration in the period
1974 to 1982 and is characterised by high uranium grades, accompanied by
significant levels of vanadium.
Current resources at Bigrlyi (0.5 kg/t U3O8 cutoff) total 11.4 M
lbs U3O8 and 13.9 M lbs V2O5, with most of the resources within 100m of
the surface.
An RC and diamond drilling program designed to increase the
resource base at Bigrlyi commenced late October 2006, with three rigs
currently on site testing strike and down-plunge extensions at the
Anomaly 15, Anomaly 7, Anomaly 4 and Anomaly 2 deposits.