Alligator Energy (ASX:AGE) has commenced its 2014 field season at the Tin Camp Creek Uranium Project in the Northern Territory with geophysical surveys on primary targets to commence this month.
This will define drill targets using innovative application of SAM/TFMMR techniques to explore under cover rocks and will be followed by the drilling of priority targets.
It is targeting five priority targets that are considered to have favourable characteristics for hosting large uranium deposits of more than 100 million pounds of U3O8.
The planned survey will be undertaken during late June/Early July, covering a significant part of the sandstone covered areas of the TCC project area, including the primary target areas of Mintaka, Orion North, Orion East, Northeast Myra and South Orion.
This will apply a configuration designed to maximise signal response from basement rocks underlying the Kombolgie Sandstone, which has challenged previous explorers in the Alligator Rivers Uranium Province.
In contrast, significant exploration has been undertaken in the equivalent Athabasca Basin in Canada, to depths of up to 800 metres, that has resulted in the discovery of numerous high grade uranium deposits including the Cigar Lake and McArthur River Deposits.
The survey is expected to be completed, and data available for drill targeting, within two to three weeks of commencement.
Drilling is planned to commence immediately following completion of the SAM geophysical survey.
Priority targets for the 2014 field season are the Mintaka, Orion East, Orion North, North East Myra and Orion South prospect areas.
These have favourable host rocks, structure and known presence of strong uranium and pathfinder element anomalism.
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