Overland Project expansion, Adjacent uranium tenure granted
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Announcement summary
Overland Project expansion, Adjacent uranium tenure granted
Highlights:
Significant expansion and exploration upside: 799 km2of highly prospective uranium exploration tenure added, adjoining the existing Overland Project.
Promising geology: Multiple potential uranium sources, pathways, and traps identified through geological and geophysical analysis within the new and existing tenure.
Significant Potential: The new tenure adds to the prospective zone with gaseous hydrocarbon emissions along the margin of the Nadda Basin (Renmark Trough) that could potentially generate Kazakh[1]style uranium mineralisation.
Kazakh-style deposits are a significant contributor to global uranium supply, accounting for approximately 40% of the world’s total supply.
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