orm rare earths punters

This was what i posted on Day-trading forum. After sustaining some pressure at 3c level, there were some quick trading actions which push it from 3c to 3.6c today. I managed to dig out some information regarding OKU's uranium tenements in West Tanami which are not far away from Killi Killi Hills Rare Earth Project i think.


OKU vs ORM:

ORM: KILLI KILLI HILLS Rare Earth Project (200 kms south-east of Halls Creek, WA).


OKU:
West Tanami Project: 100% owned by Oklo. Comprises two prospects, Selby Hills and Lake Wilson. Uranium activities in the immediate area include the multi-million dollar Areva/Northern Uranium JV. Uranium occurrences in the vicinity include The Don, Gardiner Range and Killi Killi. The project is targeting unconformity uranium and Langer Heinrich/Yeelirrie uranium. Selby Hills is prospective for unconformity style uranium mineralisation and Lake Wilson Langer Heinrich/Yeelirrie/Mulga Rock style uranium mineralisation


1/ Selby Hills: 150km South of Halls Creek
2/ Lake Wilson: 120km South of Halls Creek.

http://www.oklouranium.com/?page=47

1/ Selby Hills covers substantial extensions the two important regional unconformities within the Tanami Block sequence. A north-south trending unconformity between the Slatey Creek Granite and the Lewis Range Sandstone extends across the tenement area for 45km. In the southern half of the tenement area there is a unconformity between the Slatey Creek Granite and Killi Killi Beds. This unconformity hosts numerous quartz veins and is displaced in several places by a series of east-west and northwest-southeast trending faults, that elsewhere in the Tanami region control uranium mineralisation.

The Selby Hills Prospect is considered highly prospective for unconformity related uranium mineralisation as it has a number of important characteristics similar to known uranium occurrences in the region. Target zones include the granite contacts described above.

2/ Lake Wilson covers a large calcrete deposit that is part of a fossil drainage system. The hinterland of this drying drainage system extends to the Gardiner Range and therefore has within its shrinking catchment extensive Proterozoic sediments generally prospective for uranium mineralisation, the Killi Killi Beds and the Gardiner Sandstone. It follows that calcretised alluvium derived from these sediments might contain elevated levels of uranium.