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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:USA
News: Latest news
Web Site: UraniumSA
Other Articles: 16-12-200909-10-200903-07-2009

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Thursday March 18, 08:01SmartFocus, Amphion Innovations and National Milk Records confirmed for March 18 Forum

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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UraniumSA

UraniumSA

UraniumSA is an Adelaide-based uranium-only explorer specialising in sediment-hosted and unconformity styles of uranium mineralisation within a substantial portfolio of properties in South Australia’s Gawler Craton
Friday, June 12, 2009

UraniumSA expands uranium tenements control through joint ventures in Pirie Basin

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A new joint venture agreement has given UraniumSA (ASX: USA) a 70% interest in all minerals within Exploration Licence 4242 in South Australia’s Gawler Craton.  Stellar Resources (ASX: SRZ) will have a 30% interest free carried to the identification of a JORC compliant Inferred Resource.

Significantly, this provides UraniumSA with the tenement ground immediately south of the 100% owned Mullaquana Exploration Licence 3652 and Blackbush uranium prospect.  To date, The Blackbush Prospect (at Mullaquana) has Inferred Resources of ~2,700 tonnes contained U3O8. 

UraniumSA has also signed a joint venture agreement with Australasia Gold Limited (ASX: AAO) that gives UraniumSA a 70% interest in uranium and associated minerals within its targeted cover sequence within a defined portion of Exploration Licence 3542, with AAO having its 30%.

Both agreements have been submitted to State Goverment for registration and required approvals.

Interestingly, through these Joint Ventures and its own 100% owned Mullaquana tenure UraniumSA now has exploration control over the majority of those parts of the Pirie Basin which it considers most prospective for the discovery of repetitions of the recently announced Blackbush Prospect (2,700t contained U3O8, ASX release 5th May 2009).

USA's strategy is to progress its portfolio of projects with positive exploration results, drill indicated resources of uranium mineralisation, and move toward a mine development.

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