Highlights
- New trends at Teebo & Odin with best hole to date 0.78 GT vs. target 0.2 GT cutoff1
- 18 of 22 drillholes encountered uranium mineralisation
- Four drill rigs in operation with two now working at Loki and two more operating at Teebo
- Drilling at Odin completed, Teebo drilling 50% completed and drilling commenced at Loki
- Completed ~1/3rd of 65 holes targeting redox trends at Odin, Loki, Teebo & Wicket Eas
“This round of exploration drilling at Odin & Teebo confirmed our hypothesis by identifying additional roll front uranium mineralisation at viable ISR depths. It is particularly pleasing to see such strong results at Teebo at this interim stage of the program. Drilling is planned to continue up until the Christmas break, weather permitting, with further updates provided in due course”
Bruce Lane
Executive Director