SIGNIFICANT URANIUM MINERALISATION AT THE MILE 72 PROJECT, ERONGO PROVINCE, NAMIBIA.
HIGHLIGHTS
· Sampling of the calcretes at Mile 72 has generated results of up to 2819 ppm (0.282%) U3O8.
· A 42 square kilometre palaeochannel system, with a strike length of 11 kilometres has been identified at Mile 72
· Two scintillometer/ spectrometer traverses along the southern border of the palaeochannel system have encountered significant radiometric anomalism.
· Eight calcrete samples were collected along 8 kilometres of the 11 kilometre strike length within the palaeochannel. Six of these samples returned ore grade results of over 300 ppm (0.03%) U3O8.
· An aggressive sampling programme is scheduled to commence immediately.
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