Sydney - Tuesday - September 19: (RWE Aust Business News) -
Curnamona Energy Ltd (ASX:CUY) has reported the discovery of potentially
economic intersections of uranium have been made within EL 3181 at the
Oban Prospect, about 55 kilometres northwest of Broken Hill.
Drilling over the past few days has returned results as follows:
Drillhole Metres eU3O8
CEY 05 5.75 0.03pc
CEY 07 2.6 0.112pc
CEY 08 3.3 0.108pc
(by applying a cutoff grade of 0.01pc eU3O8 based on gamma log
responses).
Six of the eight holes drilled to date have returned grade x
thickness of greater than 0.1 metre pc eU3O8, which are considered to be
economically significant. Two holes contained peaks of 0.4pc eU3O8.
The Oban prospect is hosted by the same palaeochannel sand
formation as the recent Beverley 4 Mile uranium discovery of Alliance
Resources/Quasar Resources and also the proposed Honeymoon in situ leach
uranium mine. It lies approximately 60 kilometres north of the Honeymoon
deposit.
Sydney - Tuesday - September 19: (RWE Aust Business News)...
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