MNS 0.00% 4.2¢ magnis energy technologies ltd

It is now up on the UAL website....

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    It is now up on the UAL website.

    http://uraniumafrica.com.au/significant-news/acquisition-of-high-grade-australian-uranium-deposits

    Uranium Africa Limited (UAL) is pleased to announce the acquisition of the world class Angela Pamela and Oobagooma Uranium Projects along with a portfolio of other uranium interests based in the Northern Territory from Paladin Energy Limited (Paladin)
    ANGELA PAMELA URANIUM PROJECT
    Angela is a sandstone-hosted (roll-front type) uranium deposit with a resource of 30.8Mlb U308 located in the Amadeus Basin of Australia’s Northern Territory, approximately 25km south of Alice Springs.
    In 2011 Paladin published a JORC resource using historic data and recent drilling which was undertaken by
    Importantly the
    The
    OOBAGOOMA URANIUM PROJECT
    The Oobagooma Project is located 75km north east of Derby in the Kimberley Region of Western Australia. The project is a sandstone-hosted uranium deposit discovered by Afmeco Pty Ltd (Afmeco) in 1981.
    Afmeco estimated a total geological resource at 21.9Mlbs at 1,200ppm. The
    BIGRLYI URANIUM PROJECT AND OTHER INTERESTS
    The Bigrlyi Uranium project is a sandstone tabular deposit located in Australia’s Northern Territory and contains 21.09Mlbs @ 1283ppm. The interest acquired in this project is 41.17% with Energy Metals (ASX:EME) owning 53.83% and Southern Cross Exploration (5%).
    Other interests all based in the Northern Territory of Australia includes Walbiri (58.13%), Malawiri (47.92%), Minerva (100%), Mount Gilruth (33.33%) and Beatrice South (33.33%). Some of the interests above include a high grade JORC resource.
    Dewan Cai
    Company Secretary
 
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