THR has reported that uranium exploration in the Hale River region has been approved by the NT government and is awaiting only the stamp of approval by the Central land Council.
Some of the surface sample assays are most impressive; we need to remember that with U3O8 selling at over $A300,000 per tonne, each %1 is worth $3,000 and each tenth of 1% is worth $300 in the ground. A large tonnage at Hale River will be worth billons of dollars.
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