uranium potential

Deffinately URANIUM potential for Aim Resources as mentioned and confirmed in this article :-



Overview

The Mumbwa Copper-Gold Project is located in west central Zambia. The licence area of approximately 5,200 km2 is prospective for iron oxide copper-gold ('IOCG') deposits similar to Olympic Dam (South Australia) and Ernest Henry (Queensland).


A major drilling program commenced in mid-2006 with over 5,500m of diamond drilling planned. Drilling targets have been defined by in-depth 3D geophysical interpretation of FalconTM data and the program is planned to comprise eleven drillholes extending to a vertical depth of approximately 500m.



Goelogy of Zambia

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Drilling will focus initially on the Kitumba region, where drilling by BHP Billiton in the mid to late 1990s encountered significant mineralisation in eight of nine drillholes over a strike length of approximately 6km. However, this drilling tested areas peripheral to the targets indicated by the recent interpretation of new FalconTM data. A key drill target is a major feature (800m wide, 2.4km long) which corresponds with a strong uranium anomaly along an exposed ridge at Kitumba. This feature has not been drill tested previously, except by drillhole KD3 in the extreme north, which intersected 60m at 0.6% copper and 0.11g/t gold.

First-pass drilling of targets in the Mutoya and Worm regions is also planned.
AIM is earning a 70% interest the Mumbwa Copper-Gold Project from BHP Billiton and is budgeting to spend US$1.5 million on the project during 2006.