VMY 2.08% 11.8¢ vimy resources limited

Reversal, page-7

  1. 4,960 Posts.
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    I started following a few years ago and then more closely after these comments in Dec 2018.

    Vimy Managing Director and CEO Mike Young said,

    “We are really excited by the results of our maiden drilling program at Such Wow. It’s the sheer size of the Such Wow prospect that we find remarkable. The combination of surface alteration and structural features, along with significant uranium anomalism in our last drill hole, reinforces its potential.

    “Our exploration team has over twenty years of combined uranium experience in Arnhem Land and they have never seen a clear-cut surface expression of potential uranium mineralisation as was mapped at the Shiba Zone about 120 metres above the unconformity.

    “We’re confident that future drill programs at Such Wow will prove up more uranium mineralisation and help to build a pipeline of projects.”
 
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