Bellavista Confirms 35Km-Long Uranium Target at Kiangi
average of current producing uranium deposits. The rock chip samples are from locations mapped as Glenn Ross Shale, a member of the Kiangi Creek Formation. This formation has known base metal occurrences (Cu-Zn) approximately 20km east from where the uranium anomalous rock chips samples were collected, and the unit also appears to contain elevated PGE from limited historic surface sampling. The uranium is associated with elevated base metals (Cu, Zn, Ag) as well as elevated phosphorus and vanadium. This may represent a stratabound mineralisation style uranium target or red-bed style uranium target. The Kiangi Formation is mapped for at least 35km of strike within Bellavista's tenements representing a very large target horizon. Bellavista listed on the ASX on 25 May following a highly successful IPO which saw the Company raise $6.5 million. Bellevue Gold founder and Managing Director Steve Parsons and Capricorn Metals Executive Chairman Mark Clark are backing the Company with each having a significant 10% stake.