The plan is to kick off aircore drilling in January with an eye on a JORC resource after getting the thumbs up to start drilling. Pic: via Getty Images.
Adavale gets the big thumbs-up to start drilling at Lake Surprise uranium project
Mining
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Adavale has received approval from the Department of Energy and Mining (DEM) to start drilling at its Lake Surprise Uranium Project in South Australia.
Lake Surprise is prospective for uranium hosted within a silcrete capped paleochannel in proximity to the Flinders Ranges.
The company plans to start with a 4,500m air-core drilling program which will target mineralisation at an average depth of 30 metres.
“We are pleased to have received this final environmental approval so we can finalise our plans for the aircore drill program at Lake Surprise in January 2023,” Adavale Resources (ASX:ADD) executive director David Riekie said.
Drilling will a uranium resource in mind
The drilling will be undertaken on Adavale’s Exploration License (EL) 5893 at Clayton Station 70km East of Marree, where the proposed sites for the 150 drill holes were mapped during field surveys in July 2022 using aerial drones.
“The unseasonal weather and persistent rain events seen in much of central and eastern Australia has also resulted in widespread regional flooding around Marree,” Riekie said.
“While this has delayed the program until roads and tracks have dried sufficiently to allow safe access and operating conditions, we expect the high impact drilling should only take approximately 3 weeks.
“Our field team will record and log gamma readings and portable XRF results, to assist with the ongoing drilling and planning for the next exploration steps.”
The campaign will use a 4WD-mounted aircore rig which enables a cost-effective program with a low environmental footprint – and is expected to generate a robust dataset that can be used to convert drill results into a JORC 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.
