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U3O8 LIMITED

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ASX:UTO (AUD)  0.13 [+0.01 (+8.33%)] Nov 6 2009 - Close

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Type: Public
Classification: Track
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33 ORD STREET, 3RD FLOOR
WEST PERTH
Western Australia
Australia, 6005
Phone: +61 (0)8 9481 2243
Fax: +61 (0)8 9321 0070

Company Summary

U308 Limited is engaged in uranium exploration. The Company controls 44 exploration licenses, 33 of which are granted, and 11 of which are under application, for a total area of almost 6500 square kilometers. Most of the Company's projects are held 100% by U3O8 Limited, but the Company does have a joint venture with Cameco in the Ashburton, is farming into eleven tenements held by Northern Star Resources in the East Kimberley, and has signed a joint venture and farm in agreement with World Uranium on the Mango Bore project in the Gascoyne.

Company News

Wednesday, November 04, 2009
U3O8 Limited report on some initial results of a sampling programme completed recently over the Canyon Creek Project (E52/1893) in the Ashburton region of Western Australia part of the U3O8 Limited – Cameco Australia Ashburton Joint Venture. The sampling and mapping programme saw the collection of 67 rock chip samples and 278 soil samples, focussing on some high order radiometric anomalies, some of which are spatially related with prominent basement electromagnetic conductors. The first two samples collected from the Bresnahan Sandstone have returned grades of 1.39% and 0.20% U3O8. Both samples showed strong anomalism in lead (0.3 and 0.1% respectively), as well as gold (0.45g/t and 0.04g/t) and arsenic (0.71% and 0.20%).

News Releases

Friday, November 06, 2009
Monday, October 19, 2009
Thursday, September 03, 2009

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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