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GUNBARREL URANIUM JV

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GUNBARREL URANIUM JV
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location:
Australia, Western Australia
Nearest Landmark: N/A
Distance from Landmark: N/A
Direction from Landmark: N/A
Latitude: N/A
Longitude: N/A
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Property News

November 4, 2009
Aura Energy Ltd. has commenced further drill testing in the Junction palaeochannel in Western Australia to follow up the uranium discovery made in July. Discovery hole JUAC020 intersected anomalous uranium in the initial drill programme in July, 2009. An interval of 2m @ 147 ppm eU3O8 from 99-101m within a broader 14m thick radiometric anomaly was intersected. This hole was drilled on the southern margin of the channel, and the new programme will test the remainder of the channel at this location, and upstream and downstream of the discovery.
August 21, 2009
Mega Uranium announced that the company has approved and will fund a proposed 76 hole aircore drill program of approximately 6000 metres in the Gunbarrel Basin Joint Venture with Aura Energy.
August 11, 2009
Aura Energy completed the first ever uranium drilling program to test the Junction palaeochannel in Western Australia for sandstone-hosted uranium of the Beverly/Four Mile/Double 8 type. The first ever uranium drilling in the Junction palaeochannel west of Laverton has intersected radiometrically anomalous values over a 14 metre thickness in hole JUAC 020. Within this anomalous zone the highest equivalent uranium value over a one metre sample length is 168ppm eU3O8, contained within, the two metre interval from 99-101m which averages 147 ppm eU3O8.
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