Alligator Energy Ltd (AU:AGE) has released an update.
Alligator Energy Ltd has reported a 50% expansion of the uraniferous Samphire palaeochannel system at their Samphire Uranium Project in South Australia, following the acquisition of new ground gravity data. The data indicates substantial continuity and identifies over 70km of untested prospective areas, hinting at the potential for significant new uranium discoveries. Historical drillholes have confirmed the presence of uranium in these extensions, reinforcing the prospectivity of the region.
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