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YALANDA HILL JOINT VENTURE

U
40.50
USD/lb
-0.49
red
Data as of May 20, 2013 12:00AM UTC


Key Facts
Status: Raw Prospect
Type of Work: Surface
Location: South Australia, Australia
                 

Commodities: Uranium
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Latest Information
February 10, 2011
Investigator Resources Limited (formerly Southern Uranium Limited) has advised Adelaide Resources Limited that its total sole funded expenditure on the Yalanda Hill Joint Venture, South Australia, has reached $250,000, the threshold required to increase its interest from 40% to 60%.
September 10, 2009
Southern Uranium announced the signing of a farm-in and joint venture agreement with Eyre Energy Pty Limited, a wholly-owned subsidiary of Adelaide Resources to explore for mineral deposits on the eastern Eyre Peninsula, South Australia. Both companies contributed tenements to the Yalanda Hill JV, EL 3473 is held by Eyre Energy, while Southern Uranium has EL Applications 116/09 and 144/09. The initial JV equity interests are Eyre Energy 60% and Southern Uranium 40%.

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