pressure on qld u308 projects building, page-2

Hello Nklex, was just going over the report again as well as the report for ADD. Interesting to note the QLd sites for ADD now state the possibilty of phosphate. It is now also noted in the report for RMG.

In relation to the copper results. The report states that the results are yet incomplete, indicate that there is a strong possibility of identifying a potentially economic measurable resource at this location.


FROM ADD - QLD SITES

In addition, the area has been identified as having strong potential for phosphate. Phosphate nodules sampled in outcropping Toolebuc Formation show up to 30% P2O5 and field work has indicated that the basal 10m of the Allaru Mudstone, the formation overlying the Toolebuc Formation, is phosphatic in part.

Phosphatic nodules and large concretions have now been found at two widely separate localities, suggesting the phosphate is developed over a large area. The discovery of apparently conventional phosphate nodules in the Toolebuc Formation and a localised occurrence of svanbergite, variety gorceixite (a phosphate mineral containing strontium, aluminium and sulphur), indicates that the wider area may be prospective for phosphate.

An oily scum of oil coated clay particles was encountered in several holes whilst drilling through beds of oil shale in the Toolebuc Formation. This formation has a theoretic oil generating capacity of two million barrels per square kilometre.