Alligator Energy Ltd (AU:AGE) has released an update.
Alligator Energy Ltd has announced a major uranium discovery at the Big Lake Uranium Project in South Australia, with initial drilling revealing significant mineralization depths and potential for in-situ recovery. The results, which show uranium grades up to 50 times the background levels, are promising and comparable to the economic cut-off at the company’s existing project. Following extensive analysis, Alligator Energy plans further exploration and drilling.
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