OVERVIEW
Drilling is currently in progress on the Mount Bundey and Woolner project tenements with two drill rigs in place until mid November or the onset of wet season rains.
The Company has chosen to explore for uranium in the Northern Territory because of the large uranium resources previously identified there, and as a result of historical production levels in and from the Northern Territory.
Initial project areas include:
The company has acquired additional exploration licenses which are contiguous to some of the above project areas and is also actively negotiating additional joint ventures.
