queensland uranium tenements

With uranium heating up again, maybe RMG will too. Nine exploration licenses make up an area of 2335km2.

Some snippets from the quarterly.

Radio-metrics flown on the springvale sheet area revealed a very large area(600 km2) of intense gamma activity (uranium channel) adjacent to the project area and the channels of the Hamilton and Georgina Rivers have fairly strong uranium channel signatures that indicate uranium is being transported in these river channels.

During the quarter agreements with native title claimants were completed. Field reconnaissance was carried out to follow up on structure and targets identified in preparation for a drilling program.

Positive article on uranium recovery in 2009 mentions Queensland.

Uranium stocks glow as demand rises for nuclear power"

Some snippets,

"The recovery in uranium prices is likely to increase pressure on the Queensland Government to remove its ban on uranium mining in the state."

"Queensland boasts some of Australia's most valuable uranium resources including the Valhalla North Project owned by Fusion Resources."

Be good to see some interest come back to RMGs uranium tenements.

Cheers NK