PKT pocketmail group limited

and here it is28th November 2007 ASX Code: PKTASX...

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    and here it is

    28th November 2007 ASX Code: PKT
    ASX ANNOUNCEMENT
    POCKETMAIL GROUP LIMITED
    wholly owned subsidiary
    ADAVALE MINERALS PTY LTD
    Assay results from reconnaissance drilling program confirm
    uranium mineralisation and disequilibrium
    SUMMARY
    The board is pleased to release results received from independent laboratory
    analyses of samples from the reconnaissance drilling program at the Clayton
    Basin Prospect and from x-ray fluorescence (XRF) analysis of samples from
    the Clayton Basin and Mumpie Prospects at the Lake Surprise Project. These
    results are interim and assaying and interpretation of assays continues
    XRF analysis of samples is from a Niton XRF hand held analyser and are
    indicative assays that will be confirmed by chemical assay should the need
    arise. The laboratory and XRF results have shown the uranium is in
    disequilibrium. Disequilibrium is prevalent in sandstone hosted uranium
    deposits and it is not uncommon that the higher levels of uranium occur
    outside of the zones of gamma radiation.
    Results to date indicate this type of uranium deposition exists at Lake
    Surprise.
    The Lake Surprise project covers some 3000 sq km and the two prospect
    areas currently being explored, Clayton and Mumpie cover more than 300 sq
    km. The Clayton Basin is centrally located in the project area whilst Mumpie is
    located approximately 40kms south east of Clayton Basin
    The drilling programs at Clayton Basin and Mumpie were designed to follow
    up on early exploration that had identified uranium anomalies over large areas
    from radiometric surveys and preliminary field work.
    PocketMail Group Limited ABN 96 008 719 015 Level 2, 45 Stirling Highway, Nedlands WA 6009, PO Box 985, Nedlands WA 6909
    Tel: +61 8 9389 8799 Fax:+ 61 8 9389 8327 Web: www.pocketmail.com.au
    Results
    Results shown are based on total ppm’s accumulated over intervals listed and
    converted to U3O8 equivalent.
    From the results it is the company’s intention to show what it believes is the
    potential of the project and not to suggest that U3O8 is recoverable or there is
    any suggestion of a resource.
    All XRF results are indicative only and require confirmation by laboratory
    analysis.
    Clayton Basin Prospect (Fig. 1)
    Samples from 29 Clayton Basin holes, selected from zones of gamma
    radiation, were sent for laboratory analysis.
    Results confirm uranium mineralisation within these samples. Five holes
    returned the equivalent of between 102 and 132 tonnes of U3O8 per sq k over
    intervals that had gamma signature between 3m and 6m in thickness.
    Samples from all 80 holes drilled on a 500m grid were checked with XRF
    analysis and 10 holes returned values between 182 and 628 tonnes U3O8 per
    sq k. Intervals over which the assays were accumulated ranged from 3m to
    6m.
    Mumpie Prospect (Fig.2)
    Samples from 47 holes drilled at 500m and 1km centres and at random
    locations were checked using XRF analysis.
    Twelve holes returned values between 276 and 515 tonnes of U3O8 per sq k.
    Intervals over which the assays were accumulated ranged from 3m to 9m.
    General
    The widths shown by several of the intersections together with the shallow
    depth, enhance the potential of the prospect areas.
    Indications to date, based on the large area the uranium anomalies cover, the
    gamma radiation seen from ground geophysics and drilling and the
    independent assay results from the reconnaisance drilling campaigns, support
    an ongoing effort to identify a resource.
    “Given that the exploration program is barely 6 months old and the areas
    being explored are large, the results to date are very encouraging” quoted
    John Risinger a company director.
    PocketMail Group Limited ABN 96 008 719 015 Level 2, 45 Stirling Highway, Nedlands WA 6009, PO Box 985, Nedlands WA 6909
    Tel: +61 8 9389 8799 Fax:+ 61 8 9389 8327 Web: www.pocketmail.com.au
    Future Work
    Planned near term activities include
    • Additional analysis of samples continues. In order to determine the
    potential of the uranium in disequilibrium, samples have been sent to
    Western Radiation Services and ANSTO for analysis of the levels of
    radiation and disequilibrium.
    • Resistivity surveys and interpretation are ongoing in an endeavour to
    identify the most likely zones of concentration.
    • Once a better understanding of the distribution of the uranium
    mineralisation is established infill drilling will continue.
    As results become available they will be released to the market.
    Figure 1
    PocketMail Group Limited ABN 96 008 719 015 Level 2, 45 Stirling Highway, Nedlands WA 6009, PO Box 985, Nedlands WA 6909
    Tel: +61 8 9389 8799 Fax:+ 61 8 9389 8327 Web: www.pocketmail.com.au
    Figure 2
 
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