cloncurry massive u target 25 sq kms

The Cloncurry U target appears to be about 5,000 m x 5000 m in size, that is +25 sq kms. This target consists of a 2-5 m thick limestone zone that lies on the surface along the Southern "edge" of the target (it may actually extend out both sides by another 1-2 kms?? and may go further North than 5 kms??).

It is a shallow target. Warick Grigor of Far East Capital has commented that PDM will seek locations within this target where the U has "pooled" into richer pockets. His guesstimation, based on other U occurences of this type around the world is that there is potential for a number of "pools" (my emphasis) which contain around 3,000 tonnes??? each. So potentially +3-4 "pools" could contain +9-12,000 tonnes. These are entirely speculative guesstimates but they are indicative of the type of "hits" sought at Cloncurry. These U pools could also be much smaller or larger and the limestone could get thicker in certain areas??? Cloncurry certainly is a very interesting U target. At current prices PDM valuation to this target is near NIL which makes a very interesting speculation.