confirms uranium presence at cloncurry

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    Paradigm confirms uranium presence at Cloncurry
    08:41, Thursday, 8 March 2007

    Sydney - Thursday - March 8: (RWE Aust Business News) - Paradigm
    Gold (ASX:PDM) has commenced exploration at its Cloncurry uranium project
    in northwest Queensland.
    Initial reconnaissance exploration has confirmed elevated
    radioactivity over Toolebuc limestone outcrops in the order of 5-15 times
    background levels.
    These levels of radioactivity confirm that the widespread
    anomalous uranium observed in the regional radiometric data is
    significant.
    Paradigm has collected reconnaissance rock chip samples from one
    of its granted permits, EPM 15906.
    Several of the recent samples were found to contain trace to
    minor amounts of a bright yellow secondary uranium mineral, believed to
    be carnotite, from within microfractures in the limestone.
    Assays are awaited for these initial samples.

 
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