Big Lake

Big Lake Uranium Prospect, South Australia

Alligator owns 100% of the Big Lake Uranium Project in the Cooper Basin, South Australia, a project targeting discovery of Australia’s next ISR uranium field.

Uranium occurrences have been identified from historic oil and gas well gamma logging and confirmed by limited uranium exploration in the region. The project targets REDOX and roll front uranium mineralisation within stratigraphic paleochannels of the Lake Eyre Basin. The model is for uranium to be sourced from distal uranium rich basement rocks and transported as oxidised fluids through paleochannels.

Interpretation of seismic and other data sets has been completed, with work continuing towards producing a full 3D basin model. Approximately 20 stratigraphic drill sites have been selected to test stratigraphy, paleochannel model and qualities of U-trap rocks.

An exploration access agreement has been put in place with the Traditional Owners, the Yandruwandha Yawarrawarrka Traditional Landowner Corporation, and clearances completed.
Maiden drilling stratigraphic program has recently commenced, with fences of aircore holes with average depth of 150m.