At least x3
1.)Livingstonia drill results(Malawi)- Uranium
2.)Ilomba Hill (Malawi); results due ; said to have uranium and REE ; ? much like Machinga ; ? even better ; rumour at this stage
3.)Northern Territory Exploration
2010 exploration activity has defined a range of prospective targets with approximately
1000m of drilling planned on 100% owned project area.
Maiden drilling commences on three prioritised Uranium exploration targets.
Drilling already underway at Hayes Creek South Project.
Drill Targets:
Structurally-associated radiometric anomalies:
o Tennysons Prospect, Edith River Project ? Haematitic granite breccias with up to 0.44%
U3O8.
o YMCA Prospect, Edith River Project ? Uranium anomalous shear zone at intersection of
Pine Creek Shear Zone and cross-fractures.
o Hayes Creek South Project ? 2.5km long radiometric anomaly along a splay off the Hayes
Creek Fault Zone.
4.) Corporate activities
RSL assessing potential acquisitions and joint ventures to strengthen its uranium and
rare earths portfolio
Cheers
PS: ...I can't explain all the negativity and share price slump ; usually a good time to get in and buy...almost a 50% discount on recent highs...Major share holder (Red Rock Resources)now has a market cap of 102m British pounds and is cashed up and looking for something to do with the money.
Andrew Bell (CEO of RRR and RSL)has always promised to make RSL the "star" that it was intended to be...so there you have it...rewards for those who take the plunge any time now!!!
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