TTY territory resources limited

what the?, page-2

  1. 1,002 Posts.
    For sure "what the..." saw this at the following link

    http://www.proactiveinvestors.com.au/companies/news/2891/uranium-miner-territory-resources-kicks-off-rc-drilling-at-pine-creek-2891.html

    Sounds like something that happened a while ago, or is progress being made as we speak??



    FULL ARTICLE ► Territory Uranium
    Territory Uranium is a Northern Territory based mineral exploration company that hold a total of 40 tenements (21 granted and 19 applications) covering more than 26,300km² of the Northern Territory.


    Friday, October 16, 2009

    Uranium miner Territory Resources kicks off RC drilling at Pine Creek


    Territory Resources (ASX: TTY) has stepped up the company’s mining activities after commencing a RC drilling programme at its Pine Creek prospect in the Northern Territory.

    The Perth-based company, which has planned about 1,100m of RC drilling in 15 holes, will test four targets over a +2km strike length where previously reported rock chip and soil samples have returned significant uranium results.

    These include a best rock chip result of 1.5 kg/t (1500ppm) U3O8 and three discrete zones with soil results of up to 0.3 kg/t (300ppm) U3O8.

    Shares in the company were up at the close of yesterday's trade, increasing 1.5c, or 8.8 per cent, to 18.5c.

    Territory, which has iron ore assets in the Northern Territory, is aiming to develop into a diversified carbon steel supply business.


 
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