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A Summary of Major Mineral Resources, Mines and Projects, 2nd Edition |
VALHALLA
493702
40 KM NORTH-NORTH-WEST OF MOUNT ISA.
Latitude -20.3881 Longitude 139.3653
MINERAL OCCURRENCE, ACTIVE PROSPECT
AMG Zone 54 329401 mE 7744718 mN
1:100 000 sheet Number and Name: 6757 KENNEDY GAP
23/January/2006
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Other Names for Deposit / Mine |
URANIUM
MEDIUM
10 000 - 40 000 tonnes U
VANADIUM OXIDE
MEDIUM
500 - 10 000 tonnes V
COPPER
VERY SMALL
<500 tonnes CU
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Published Reserves/Resources |
INDICATED MINERAL RESOURCE
4778000 tonnes Ore @
BR 7726 Published in 2005
6880 Tonnes URANIUM OXIDE
1440.00 g/t URANIUM OXIDE
INFERRED MINERAL RESOURCE
2687000 tonnes Ore @
BR 7726 Published in 2005
3627 Tonnes URANIUM OXIDE
1350.00 g/t URANIUM OXIDE
MEASURED MINERAL RESOURCE
4016000 tonnes Ore @
BR 7726 Published in 2005
6024 Tonnes URANIUM OXIDE
1500.00 g/t URANIUM OXIDE
Resource figures listed above are JORC compliant.
2005
VALHALLA URANIUM LTD
BR 7726
VALHALLA URANIUM PROSPECTUS
VALHALLA URANIUM
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Major Mining Related Events |
SHAFTS
Exploration shaft, excavated by Mount Isa Mines.
EPM
9221
SUMMIT RESOURCES (AUST) PTY LTD
100.00%
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Host Rock/Cover Sequences |
LEICHHARDT RIVER SUBPROVINCE
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Eastern Creek Volcanics / PALAEOPROTEROZOIC to |
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PALAEOPROTEROZOIC |
GENERAL ORE BODY MODEL
HYDROTHERMAL VEINS/PIPE/STOCKWORK
DETAILED ORE BODY MODEL
STRATABOUND URANIUM-COPPER
ORE
PROTEROZOIC
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Valhala is the fourth largest undeveloped uranium resource in Australia. Extensive exploration has been carried out in the area. This |
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project is being reassessed as a result of higher uranium oxide prices and an optimistic outlook for government policy. |