Myroodah Uranium Prospect Sample Clauses

Myroodah Uranium Prospect. As described in the June Quarter report, CRA located an uranium anomaly around Myroodah station in 1978. Subsequent drilling located significant gamma horizons that contained calculated equivalent U3O8 assays of 100ppm to 480ppm over 1-3m widths at depths of less than 30m. Figure 3 Location of Myroodah uranium anomaly and Rey uranium lease applications, October 2007 124˚E 124˚30’E ? ? Basement Triassic 18˚00’S Grant Structure Paradise Station Homestead Triassic 18˚30’S Jurassic - Cretaceous Lightjack Fmn Key: Syncline Anticline Interpreted coal seam outcrop Rey coal leases Rey uranium leases Myroodah uranium anomaly N October 2007 The major control on the uranium mineralisation is believed to be the Blina Shale contact with the Xxxxxxx Sandstone. This is interpreted to provide a classic situation for roll front style mineralisation. The contact is thought to extend to the north of Rey’s coal leases and six new Exploration Licences, covering approximately 1,155 km2 were applied for (ELs 04/ 1718-23) over the interpreted geology during the quarter (Figure 3). Joint venture partners will be sought to explore the uranium occurrence.
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