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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