The Alligator Rivers Uranium Province represents Australia’s highest grade uranium district hosting the Ranger uranium mine and Jabiluka uranium deposit. The project contains multiple uranium targets including the Caramal uranium resource with 6.5 million pounds of uranium at a high-grade of 3,100ppm and the recently granted Nabarlek North tenement package 11mk north of the historic Nabarlek Mine (production 24Mlb at 1.84% U3O8) and 200m from the high grade U40 prospect (includes 6.3m at 7.23% U3O8).
The Samphire project was acquired in October 2020 and contains inferred resources of 47 million pounds of uranium. Samphire enjoys the benefits of being in South Australia, the most uranium supportive Australian jurisdiction, having approved four uranium mines. As well as the tail winds of a positive uranium environment, Samphire provides significant upside through potential resource enhancement, mineralisation extension, further discoveries and modern advancements improving extraction and recovery potential.
Alligator holds the option to acquire 100% of the Big Lake Uranium Project in the Cooper Basin, exploring for uranium targets amenable to ISR extraction. The company has conducted and completed an airborne electromagnetic (EM) survey seeking to identify paleochannels suitable for low cost ISR style deposits. Next steps - interpretation and drill planning will seek to test geophysical targets.
The Piedmont Project includes 3 licenses in Northern Italy, farming into 3 more, focused on a 30km strike zone with multiple historic Nickel-Copper-Cobalt mines last operated in the 1940’s.