Commodities● Neutral
Alligator Extends Uranium Mineralisation at Blackbush by 600m
Alligator Energy intersected high-grade uranium south of Blackbush, extending the trend 600m. Infill drilling at Plumbush targets resource upgrade for feasibility study.
Continue with
Alligator Energy (ASX:AGE) has extended the known uranium mineralisation at its Blackbush deposit on the Samphire project by 600 metres to the south, after a roughly 300-hole drilling campaign that started in mid-July. The new intercepts fall on the Mullaquana Crown Lease, a tenure the company secured access to earlier this year.
High-grade hits from the latest batch include hole BBRM26-482, which returned five metres at 0.13% eU3O8 from 63.6 metres, and BBRM26-484, yielding 2.4 metres at 0.20% eU3O8 from 61 metres. Two other holes, BBRM26-472 and BBRM26-479, also returned notable intercepts, the company said.
Separately, Alligator has started infill drilling at the nearby Plumbush deposit, part of a five-kilometre corridor linking Blackbush and Plumbush. The work is designed to upgrade the Plumbush resource from inferred to indicated status, feeding into the Samphire feasibility study. It is the first drilling at Plumbush since 2011, building on historical results from UraniumSA.