Sherlock Bay have also entered into agreement to purchase 100% of Mount Salt uranium deposit from Mineralogy (see asx announcement 12 dec 2005).Mount Salt is 12 klm west of iron ore deposits and future port facility at Cape Preeston. The exploration license area covers around 16000 hect and is 20 klm in length and 4.5 wide running parralel to the coast. this can also be seen on google. The Western Australian mines department open file report states; Given the size of the Mount Salt radiometric anomaly there is an excellant possibilty that the postulated buried uranium mineralisation is a very large resource and of significant grade If Carpenter changes his mind hang on.
SHN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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