Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

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

RSS - Subscribe to the News Today on Proactive UK ▼

Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

FULL ARTICLE ►
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
Wednesday, December 16, 2009

UraniumSA reports significant drilling results at new Plumbush Prospect

company news image

Adelaide-based explorer UraniumSA has announced that further drilling results in the newly named Plumbush Prospect continue to deliver significant uranium intersections.

Managing director Russell Black said exploration drilling to define the extent of potentially economic mineralisation within the Plumbush Prospect was ongoing.

The Plumbush Prospect is located less than 5km south of the Blackbush Prospect within the Mullaquana Uranium Project, in a similar geological setting.

The company has now drilled 16 rotary mud drill holes along two east-west traverses and a third traverse is in progress.

Mr Black said results to date were extremely encouraging with well mineralised holes indicating a footprint of mineralisation within the Plumbush Prospect extending across an area of approximately 2.0 km east-west and 1.5 north-south – the system is predominantly closed off to the north but remains open to the south into the Joint Venture ground.

Drilling highlights include 8.3m @ 142ppm eU3O8, 3.0m @ 474ppm eU3O8 including 2.1m @ 614ppm eU3O8, 2.6m @ 488ppm eU3O8 and 5.8m @ 246ppm eU3O8.

UraniumSA is an Adelaide-based uranium-only explorer specialising in sediment-hosted styles of uranium mineralisation within a substantial portfolio of properties in South Australia’s Gawler Craton.

The Company has discovered sediment hosted uranium mineralisation at Mullaquana, south of Whyalla on the Eyre Peninsula.

Evaluation of the Blackbush Prospect for an ISR field leach trial is scheduled to commence documentation mid 2010 with the objective of being able to start construction mid 2011.

Ongoing exploration of the Plumbush Prospect is discovering potentially economic mineralisation.

Exploration south into Joint Ventured ground is scheduled for early in 2010.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other UraniumSA news

More news ►

Investors interested in UraniumSA recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.