Share price moved up rapidly yesterday, so I reread the 1/4 report. They had not received U assays from 220-301m, the cored part of hole at Glenside - see below. This would probably have been the target zone.
Have they got the assays for this interval now and is there a nice suprise for us shareholders?
"Glenside (EL 3470)
UXA drilled an exploration hole at the Hardy’s Dam site (HD-1) to a total depth of 301 metres (RC drilled to
220 metres followed by a diamond core tail of 81 metres). The samples were tested by scintillometer and
spectrometer and assayed. Assay results for samples down to 200 metres indicated no significant
mineralisation intercepts. Analysis of samples of core from 221 metres to 301 metres (bottom of hole) have
not yet been received. Preliminary interpretations for this hole indicated the hole intersected Corrabeena
Sandstone to 276 metres followed by Tregolana Shale to the bottom of the hole."
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