Taken from their website: Eastern Uranium is D’Aguilar’s specialist east Australian explorer.
We believe that the relative lack of exploration expenditure in QLD in the last 20 years and complete absence of Uranium exploration, while exploration models were being developed in other parts of the world has meant that QLD is now a tremendous repository of uranium exploration opportunities.
Your Company’s explorationists are, we believe, some of the most innovative and lateral thinking in the business. For a start we have applied the same models that dictate the location of some of Australia’s giant unconformity style uranium deposits to eastern QLD geology.
The results have been instantly encouraging.
The initial prospects the company has secured are located at:
Woolgar South in North QLD Biloela and Wondai Eastern Uranium holds a total of 19 licence applications over 6225km2 and is awaiting grant of these applications.
*****Where they are searching in Biloela is near the current Callide Coal Fields run by Anglo Coal. Do your own research on this but I am holding for the long haul.
DGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
