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Adavale is exploring a monster 8km-long uranium anomaly at Lake Surprise
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Adavale’s uranium push begins mid-October with a surveying and sampling program, designed to delineate an unexplored 1.8km by 8km geophysical anomaly at the ‘Lake Surprise’ project in South Australia.
This project has been in the Adavale Resources (ASX:ADD) portfolio since 2006, with a total of 446 drill holes completed across several anomalies to 2011.
A 600m wide, 2km long anomaly was defined but, since then, internal reviews have identified a far stronger and larger 1.8km by 8km anomaly to the southeast of historical drilling.
This virtually untouched area will be the focus of upcoming exploration, Adavale says.
Planned works include a 1,100 line-kilometre ground based radiometric survey including targeted outcrop sampling, focussing on the priority gamma anomalies.
This work program is also seeking to improve the explorer’s understanding of the underlying geological controls of the system and establish a robust methodology for future exploration activities on the tenements.
Work will be conducted over approximately 30 days. Results and assays will be released to ASX when available thereafter.
“We are rather excited to be finally preparing for the commencement of this uranium program in South Australia,” Adavale chairman Grant Pierce says.
“We have been in a state of readiness for some six months but as experienced by many exploration companies in Australia, COVID cross border travel restrictions disrupted the best laid plans.
“It will be great to see some new results on these licences that show so much promise.”
This article was developed in collaboration with Adavale Resources, 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.
