Resource News

Energia Minerals Ltd (ASX:EMX) announced it has started drilling at its Nyang uranium project in the Carnarvon Basin of Western Australia.

Energia Minerals Ltd (ASX:EMX) announced it has started drilling at its Nyang uranium project in the Carnarvon Basin of Western Australia.

 As quoted in the press release:

The program is primarily designed to increase the current Inferred Mineral Resource at Carley Bore of 13.8 million tonnes grading 390ppm U3O8 for 12 million pounds of contained U3O8 (at a cut-off of 200ppm). The resource remains open in several directions.

The Carley Bore resource is contained within a regionally continuous palaeochannel defined by a detailed gravity survey which extends for at least 40 kilometres to the north of the current resource.

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