(NewsDirect)
Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) CEO Greg Hall sits downwith Jonathan Jackson in the Proactive studio to talk aboutsignificant uranium discoveries following resource extension drillingat the Samphire Uranium Project near Whyalla, South Australia. Thedrilling, which ran from late January to mid-April, included 49 drillholes spanning 4,089 metres. This initiative aimed at the Blackbushdeposit's roll fronts has revealed noteworthy uraniumintersections, aligning with strategic exploration objectives. Groundgravity surveys played a crucial role in identifying the targetpalaeochannels, enhancing the accuracy of deposittargeting.Significant results include intersections of 4.44 metres at0.43% uranium (pU3O8) from 61.38 metres, 1.47 metres at 0.40% from60.68 metres, 0.75 metres at 0.64% from 63.57 metres and 1.17 metresat 0.30% from 64.24 metres. These findings not only extend the knownmineralisation within the Blackbush deposit but also suggest possibleexpansions into new areas.Drilling will resume in mid-May after abreak for the pastoral lambing season, with a focus on exploringExtension Area 2 and expanding into the Blackbush North Target Area.Alligator Energy has committed to continuous drilling through 2024 andplans to update its mineral resource estimate by the fourthquarter.
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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