Alligator Energy Extends Uranium Mineralisation at Blackbush
Key points
- Drilling extends uranium mineralisation 600m south of Blackbush
- Key intersections include up to 0.20% eU3O8
- Infill drilling at Plumbush to convert Inferred Mineral Resource to Indicated
- 108 delineation holes completed within Blackbush Mineral Resource area
Full summary
Alligator Energy Ltd has announced new drilling results extending uranium mineralisation south of the Blackbush deposit by 600m onto the Mullaquana Crown Lease. Key intersections include BBRM26-472: 3.2 metres at 0.12% (1,189ppm) eU3O8, BBRM26-482: 5.0 metres at 0.13% (1,299ppm) eU3O8, BBRM26-484: 2.4 metres at 0.20% (2,025ppm) eU3O8, and BBRM26-479: 4.3 metres at 0.11% (1,123ppm) eU3O8. Infill drilling has commenced at Plumbush to convert the Inferred Mineral Resource to Indicated, while 108 delineation holes have been completed within the Blackbush Mineral Resource area. These results are expected to support detailed mine planning for the Feasibility Study.
Outlook
The company anticipates continued exploration and evaluation of the Blackbush-Plumbush corridor and the potential for resource conversion and feasibility studies.
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