Callabonna Uranium announced the results of the reconnaissance field work conducted on the Denison property, Central Australia. Results of rock chip samples taken during first pass of the program returned highly anomalous results ranging from 268 ppm to 979 ppm U3O8 with elevated rare earth elements.
Callabonna Uranium announced the grant of its Denison Licence (EL 27181) located in the Arunta Region, Northern Territory, Australia. The Arunta project is part of a prospective package of licences held by Callabonna Uranium. A reconnaissance exploration program of the project is planned to investigate and confirm the uranium and REE potential, identify areas for further work and generate drill targets.
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