Announcement Date: 2022-03-29
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Alligator Energy Ltd.
Project name: Samphire
Location: Australia
Commodities: Uranium
Highlight: Drilling results incl. 3.44m @ 0.854% U3O8 from 56.68m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Alligator Energy Limited ASX: AGE (Alligator or the Company) is pleased to advise and report on resource infill drilling results and downhole Prompt Fission Neutron (PFN) logging program, plus further sonic core assay results (see first ASX Announcement on 31 January 2022). Key highlights of these include The rotary mud (infill) drilling program in the high-grade area of the Blackbush deposit has concluded ahead of schedule with all holes successfully logged with PFN, 3-arm caliper, resistivity, neutron porosity and natural gamma. Some of the outstanding pU3O8 1 grades and grade thicknesses (GT’s2 ) intersected are reported below* and in Figure 1 PFN logging for uranium grade (pU3O8) in sonic cored holes has been undertaken and comparison with assays is ongoing as results are received. So far PFN data for all core holes correlate well with assays with exception of BBS21-003 which is currently under review. Table 3 (Appendix 1) provides the full list of significant intersections from PFN logging of the sonic cored holes. Figure 1 shows all the GT’s as determined by PFN. The QAQC of the PFN data has been overseen by internal and external independent expertise to ensure accurate conversion of the direct downhole readings (epithermal & thermal neutron counts) to pU3O8 grades.
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