AR3 intersects shallow Uranium occurrence at Overland
Summary
Highlights:
New shallow Uranium occurrence identified: Drill hole OV047 encountered a 6 meter interval of carbonate-cemented sediments from 27 meters, with anomalous gamma and pXRF uranium readings.
Potential for the presence of an additional uranium model: Hole OVO47 demonstrates potential for near-surface, calcrete-hosted mineralisation - similar to uranium deposits mined in Namibia - in addition to AR3’s initial palaeochannel hosted ISR amenable uranium deposit targets.
Accelerated follow-up drilling: Drilling program will re-commence in the week beginning 10 March 2025 to follow up the shallow uranium occurrence intersected in hole OV047.
Rapid assay and minerology analysis: Samples generated from hole OV047 are being prioritised for assay and mineralogical determinations.
Palaeovalley extension confirmed with multiple Uranium targets: Drilling has successfully defined the southern extension of a key palaeovalley within the southern portion of EL7001 and extending into EL6678.
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