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Drilling is due to resume at CTS's Corachapi uranium prospect in Peru next month in an attempt to extend known high grade mineralisation and test positive radiometric results.The results at Corachapi indicate two anomalies with a combined srtike length of 5km.
Current inferred resources stand at 3.8 million tonnes grading 0.115 per cent uranium.Bulk rock chip samples taken from the nearby Kihitian prospect have averaged 0.708 per cent uranium, highlighting the potential of this prospect.

Gary Lebas at Hogan & Partners