- High-resolution ground magnetics trial over part of the Blackbush resource was successfully completed early
- Improved geophysical detail is providing insight into basement features and structural controls of the Blackbush resource and will assist with targeting of further high-grade mineralisation;
- Considering this positive outcome, planning to expand the magnetic and passive seismic surveys is underway;
- Results of additional surveys will help inform the drilling program scheduled to start in
- Drilling will also obtain fresh core samples for updated uranium extraction tests with ANSTO scheduled for August / September this year.
- The Northern Territory Government issued a notice to grant the Nabarlek North licences, consolidating Alligator's significant footprint in the world class
- Exploration agreements are in place with Traditional Owners, as facilitated through the
- Initial assessment of the highly underexplored package demonstrates favourable geological and structural settings for world class uranium mineralisation within a known fertile environment;
- The Project is adjacent to the previously identified U40 prospect - previous intersection of 6.8m @ 6.71% U3O8 (
- An initial work program has been planned, and program meetings with
Traditional Owners tentatively scheduled for early August.
Piedmont and Big Lake Uranium Projects:
- Piedmont - Engagement continues with two counterparties who are evaluating an investment and exploration opportunity into the Piedmont
- Big
Corporate:
- The Board is pleased to announce an extension of the employment contract for
Along with this substantial work on our exciting projects, the positive market support for uranium reinforces our continued evaluation of further external uranium resource opportunities."
To view the full update, please visit:
https://abnnewswire.net/lnk/3M5429H5
About
Alligator's Directors have significant experience in the exploration, development and operations of both uranium and nickel projects (both laterites and sulphides).
Contact:
Mr
Managing Director and CEO
Email: gh@alligatorenergy.com.au
Mr
Company Secretary
Email: mm@alligatorenergy.com.au
Copyright (C) 2021 ABN Newswire. All rights reserved., source