| Announcement Date: | 2023-10-25 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Alligator Energy Ltd. |
| Project name: | Samphire |
| Location: | Australia |
| Commodities: | Uranium |
| Highlight: | Drilling results incl. 4.82m at 0.591% U3O8 from 63.82m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Drilling was carried out primarily in the Blackbush West area, with much of the drilling concentrating on the northern area which historically had very little Prompt Fission Neutron (PFN) acquired grade data (pU3O8) which is required for conversion of the mineral resource to Indicated status. Several significant uranium intercepts were encountered in the northern (BBRM23-126, BBRM23-128, BBRM23-133, BBRM23-136, BBRM23-142 & BBRM23-144) and southern (BBRM23-121, BBRM23-122, BBRM23-123, BBRM23-124, BBRM23-154, BBRM23-161, BBRM23-163, BBRM23-171, BBRM23-175 & BBRM23-184) areas of Blackbush West showing that high-grade mineralisation extends beyond the area of the current Indicated Resource (Figure 1). Mineralisation also remains open to the west which will be drilled at the recommencement of drilling in January 2024. AMC Consultants have been provided the additional drill data targeting an update to the MRE mid-November 2023. |
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