CUY curnamona energy limited

ASX / Media Release 10 July 2007NEW NORTHERN ZONE DRILLED AT...

  1. veg
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    ASX / Media Release 10 July 2007
    NEW NORTHERN ZONE DRILLED AT OBAN
    Curnamona Energy Limited (Curnamona Energy – ASX : CUY, owned 48.2% by
    Havilah Resources NL – ASX : HAV) announces that ongoing drilling at its 100%
    owned Oban project has confirmed further significant uranium mineralization (grade
    thickness > 0.05 m% eU3O8) in an area indicated by historic drillhole data. This new
    northern zone has been intersected in at least three holes thusfar (drillholes CEY109,
    110 and 118 on the attached map) and remains open to the north beyond drillhole
    CEY118. Appreciable associated organic matter, including lignite, supports earlier
    interpretations that the location of uranium mineralisation in the blanket sands at
    Oban is being controlled by a localized basinal depression.
    This is the third area of significant uranium mineralization drilled this year at Oban
    and while separate from those to the south (see blue areas on map) it is possible that
    more closely spaced infill drilling may establish continuity between all areas. The
    amenability of these sands to in situ uranium recovery methods will be tested with the
    proposed field leach trial once permitting is obtained.
    Curnamona Energy will continue with its current programme of step out drilling on
    160 metre spacing in order to determine the lateral extent of uranium mineralization
    in the Oban area. Some strategic infill holes will also be drilled to better define the
    continuity between the southern, central and northern areas of mineralization outlined
    thusfar (shown in blue on the accompanying map).
    CURNAMONA ENERGY LIMITED
    Bob Johnson, Ph.D, FAusIMM, Chairman
 
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