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Pancontinental & Crossland Prepare for Drilling at Cockroach Dam
Jul. 06, 2010 07:48AM PST
Company NewsPancontinental Uranium Corporation (CVE:PUC) reports Crossland Uranium Mines Limited (ASX:CUX), its JV partner, has advised that the sacred site inspections have been advanced significantly for its Cockroach Dam prospect in the Charley Creek project, Northern Territory in Australia.
The budgeted core drilling program (see press release of March 8, 2010) at Cockroach Dam will commence as soon […]
Pancontinental Uranium Corporation (TSXV:PUC) reports Crossland Uranium Mines Limited (ASX:CUX), its JV partner, has advised that the sacred site inspections have been advanced significantly for its Cockroach Dam prospect in the Charley Creek project, Northern Territory in Australia.
The budgeted core drilling program (see press release of March 8, 2010) at Cockroach Dam will commence as soon as clearance advice is received from the Central Land Council (CLC), and Crossland is now preparing for this with access preparation.
Drilling will test zones of elevated radioactivity from uranium within outcropping of the Teapot Granite, while a parallel auger drilling program that evaluates separate zones for alluvial heavy mineral concentrations will also commence. These may host interesting concentrations of Rare Earth Elements that may enhance the project.
Rick Mark, Pancon President and CEO says:
“Charley Creek is tremendously prospective for Uranium. This long anticipated drill program will allow Geoff Eupene and his team to begin defining its real potential.”
For complete news release, click here.