South Australia - SA Explorers
South Australia - SA Explorers
South Australia - SA Explorers
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Crocker Well / Mt Victoria – Uranium<br />
PepinNini Minerals/Sinosteel<br />
Crockers Well<br />
• Hard rock uranium prospect<br />
• 1970–80s – Feasibility Study first completed<br />
• March 2006 – Scoping Study completed<br />
• February 2007 – Agreement finalised between PepinNini Minerals and Sinosteel Co.<br />
with an aim to form Joint Venture by mid 2007<br />
• Crocker Well uranium field – six deposits containing a resource of 14.85 Mlbs of U 3 O 8<br />
with an Inferred JORC compliant resource of 12.5 Mt @ 0.5 kg/t (0.05%) U 3 O 8<br />
• Mt Victoria – Inferred JORC compliant resource of 250 000 t @ 1.6 kg/t (0.16%) U 3 O 8<br />
• Impending Feasibility Study to include<br />
- Upgrade of current resource<br />
- Improved uranium ore recovery rate<br />
- Refinement of geological, mining and processing models<br />
September 2007
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