Salamanca Uranium Project
Berkeley Resources (ASX:BKY) has received drill results from exploration at the Águila and Alameda areas and final results from the program at the Alameda South deposit at the Salamanca Uranium Project in Spain.
A total of 19 diamond holes (1,667m) were drilled at the Alameda South deposit, all of which intercepted their intended targets.
The thickness and grade of the intercepts continues to provide a high level of confidence in the historical drilling information upon which Berkeley has based its exploration targets. The Alameda exploration target is 25.5 - 29 million tonnes @ 450 - 500 ppm U3O8.
The Alameda deposits have been extensively explored by ENUSA but are not classed as Mineral Resources. The Alameda South deposit is located 12km west of the ENUSA Quercus Plant and is accessible via sealed highway and a sealed secondary road.
Best drill intersections based on down-hole gamma logging were: Hole ASD_001 3.2m @ 5,904ppm eU308 and Hole ASX_002 47.5m @ 2,120ppm eU308.
It is anticipated that a Mineral Resource Estimate will be completed for the Alameda area by the end of the 1st Quarter.
A total of 19 diamond holes (1,667m) were drilled at the Alameda South deposit, all of which intercepted their intended targets.
The thickness and grade of the intercepts continues to provide a high level of confidence in the historical drilling information upon which Berkeley has based its exploration targets. The Alameda exploration target is 25.5 - 29 million tonnes @ 450 - 500 ppm U3O8.
The Alameda deposits have been extensively explored by ENUSA but are not classed as Mineral Resources. The Alameda South deposit is located 12km west of the ENUSA Quercus Plant and is accessible via sealed highway and a sealed secondary road.
Best drill intersections based on down-hole gamma logging were: Hole ASD_001 3.2m @ 5,904ppm eU308 and Hole ASX_002 47.5m @ 2,120ppm eU308.
It is anticipated that a Mineral Resource Estimate will be completed for the Alameda area by the end of the 1st Quarter.
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