Sedimentary Hosted Uranium Projects
Recognition of the potential for Sedimentary Hosted uranium deposit types in new target settings has lead to an expanded uranium focus in South Australia and interest from major uranium producers. Red Metal has lodged several exploration licence applications on the Lakes Project and Algebuckina Project, based on a new concept. An aircore drilling program evaluating potential for valley-fill calcrete hosted uranium mineralisation is due to begin in May 2006.
A presentation will be made at a Uranium Conference in Adelaide on 30-31 March 2006.
the quiet uranium achiever, page-14
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