"UXA’s drill program will focus on three target areas for high value unconformity style uranium mineralisation, and is now expected to start in early September. The change in start date has been due to the scheduling of drill rigs and access and site preparation requirements.
Meanwhile field work has continued on the three target areas (Fig 1) further refining the drill targets:
• 928 infill soil geochemical samples collected, results expected in late August,
• 727 station gravity survey over target areas 1 and 2, competed with strong structural corridor defined,
• 9 km2 ground radiometric survey completed over all 3 target areas,
• geological mapping completed over target areas 1 and 2, with a number of areas of quartz breccia float and haematite alteration suggesting the presence of structures."
So we just have to wait a bit more
UXA Price at posting:
0.4¢ Sentiment: None Disclosure: Held