Sydney - Tuesday - January 30: (RWE Australian Business News) -
Uranium King Limited (ASX code: UKL) reports that radiometric
surveying has defined a contiguous uranium target within our Lilly and
Sam projects situated in the East Grants Mineral Belt in the United
States.
The Lilly and Sam exploration projects adjoin the Rio Puerco
deposit where Uranium King already has 4.5 million pounds of JORC
uranium resources defined.
The radiometric anomaly shows consistency across each survey
line and exhibits similar dimensions and intensity to the anomaly which
lies over the Rio Puerco ore body.
Geophysical modelling indicates that it has the potential to host
mineralisation of up to 4- 5 million pounds of uranium oxide.
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