Adavale clears pathway to kick off drilling at Lake Surprise uranium project
Mining
Mining
Adavale is ticking off the required clearances and approvals to get drilling underway at its Lake Surprise uranium project in South Australia.
The Work Area Clearance (WAC) was granted in May 2022 for the scope of the proposed works and the Notice of Entry (NOE) has been provided to both the Dieri Aboriginal Corporation Board and the Pastoral Lessee regarding the scope and timing of the proposed program.
The remaining environmental management procedures are now in process and Adavale Resources (ASX:ADD) is finalising of the Radiation Management Plan for Naturally Occurring Radioactive Material (NORM) and Completion of works for Exploration Programs for Environmental Protection and Rehabilitation (PEPR) for approval by the SA Government.
The planned 4,500m air core drilling program is scheduled to commence in August 2022.
The drilling will target the continuation of the surface anomalies mapped in November 2021 where rock chip sampling showed significant gamma anomalies accompanying elevated uranium.
Notably, 11 of 28 samples had values greater than 100ppm, seven of which were above 200ppm and the highest reading being 356ppm.
“The program should take approximately 3 weeks and has been designed to focus on the shallow paleochannel zones prospective for uranium using an air-core drill rig,” executive director David Riekie says.
“With our target zones only being at 30 meters depth, the 80m by 180m grid spacing should ensure both a time efficient and cost-effective program.
“The progressive gamma readings and portable XRF results will enable our geological team to start interpreting the outcomes and planning of our immediate next steps.”
The company aims to develop a robust dataset that can be used to rapidly convert drilling results into a JORC compliant resource.
This article was developed in collaboration with Adavale Resources Limited, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.