Who will get the gift from the NT Government of the Pamela & Angela uranium deposit, 25k south of Alice Springs.
Previously held by Uranium Australia
The Government's re-released it, along with 17 other sites in what had been reserved country around the Territory
I understand there has been interest from over 30 companies to date.
It is really a gift and whoever the successful tenderer is should see their share price go north.
Previous exploration identified 12650 tonnes of U3O8 at 0.1%
Strike length of 5.7km, with mineralisation open open down plunge to the west.
Further release info:
http://www.nt.gov.au/dpifm/Minerals_Energy/Content/File/pdf/Information_Package_for_Applicants_Part_1.pdf
For geology info go to: http://www.nt.gov.au/dpifm/Minerals_Energy/Content/File/pdf/Information_Package_for_Applicants_Part_5.pdf
uranium deposit for free
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