Oban is being confirmed as getting bigger and bigger
"Curnamona announces that ongoing drilling at its 100% owned Oban project continues to extend the area of significant uranium mineralization (grade thickness > 0.05 m% eU3O8) in an area indicated by historic drillhole data. A new area of mineralization has been identified by widespaced drilling in the far west of Mineral Claim 3777 (in drillhole CEY 155) and to the north.
All areas of uranium mineralization so far outlined within Exploration Licence 3181 lie within a 7 kilometre long “prospective zone” that is defined by scattered anomalous results from previous drilling. Thusfar, more than 150 hectares of potentially economic grades of uranium have been defined within the comparatively small portion of the area drilled by Curnamona Energy. In general infill drilling has established continuity between the various higher grade zones, shown in blue on the attached map. Drilling is continuing in the area with the objective of expanding the area of known mineralization.
Curnamona Energy is currently working towards obtaining permitting for a field leach trial to establish the amenability of these sands to in situ uranium recovery methods."
Pity about the market, but this looks good long term, so cheap at current pricing
CUY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
