As notified by UXA's Chairman and Managing Director, UXA Resources is now moving to more advanced projects using their 100% owned subsidiary Geoscience Wireline.
Teck Resources' is the latest project at Dome 5 where zinc and other metals are known to be there from previous drilling - not big enough for the Canadian giant.
All UXA's South Australian tenements are well positioned but neeed extensive drilling and why STRAIGHTS RESOURCES has taken on a 5-year $10 million drilling campaign - a very sensible move by UXA Resources.
Nabarleck again needs extensive drilling and why India's largest company Reliance of India is probably one of the best partners for UXA. Reliance would not monkey about at Nabarlek with a uranium strike just 280 metres away.
These are just 3 of UXA Resources' many prospects.
UXA Price at posting:
5.2¢ Sentiment: ST Buy Disclosure: Held
