Congratulations to Energy Metals Limited on its positive maiden uranium resource estimate results for the historical Karins deposits, 260km northwest of Alice Springs in the Ngalia Basin, Central Australia.
- JORC reported, inferred category, uranium resource estimate of 691 tonnes U308 at 555ppm average grade (200ppm cut-off) obtained for the Karins uranium deposit, Ngalia Basin, NT.
- Resource estimate based on digitised and re-processed gamma logs for 110 historical drill holes.
- Historical data and metadata verified and archival drill core re-logged, providing a high-confidence data set as basis of the resource estimation.
SOURCE: REGAL RESOURCES LIMITED
DATE: JUNE, 2015