South Australia - SA Explorers
South Australia - SA Explorers
South Australia - SA Explorers
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Warrior – Uranium<br />
Toro Energy / Stellar Resources<br />
Warrior<br />
• Kingoonya Palaeochannel system<br />
• Non-JORC Inferred Resource of 4000 t with an average U 3 O 8 grade of 0.034% (1980’s)<br />
• 251 drillhole program completed June quarter 2007, these results indicate significant<br />
area of continuous mineralisation in the northern Area A. New assay results up to<br />
0.05% compiled with previous drilling assays up to 0.09% U 3 O 8<br />
• Mineralisation occurs at a depth of 26–30m below surface within carbonaceous<br />
sediments associated with a redox zone<br />
• Range River and Stellar Resources JV’s and Access agreement in place<br />
• Further drilling to evaluate mineralisation scheduled for late 2007<br />
September 2007