u exploration PlatSearch NL (PTS) announced that it has signed a...

u exploration PlatSearch NL (PTS) announced that it has signed a joint venture Heads of Agreement with Western Plains Gold Limited (WPG) regarding the Kalabity Project in South Australia. The Kalabity project tenement EL 3297 is located in the southern Curnamona Craton in South Australia, near Olary. The project area has significant potential for the discovery of intrusion-related uranium and REE deposits, said the company. There is one producing uranium mine in the Curnamona Craton at Beverley and another well-known deposit at Honeymoon. It is one of the more prospective provinces in Australia for uranium and was the site for Australia’s first producing mine at Radium Hill, PlatSearch advised.