Southern Uranium Announces Assigned Rights to Northern Territory Uranium Projects
Friday September 28, 2007, 11:56 am
Original Announcement:
SNU Assigned Rights to Northern Territory Uranium Projects
Southern Uranium announced adding two highly prospective projects in the Rum Jungle and Westmoreland areas of the Northern Territory to its uranium portfolio. These have target potential for Proterozoic unconformityrelated deposits. This style includes some of the highest grade and largest deposits in the world, as contained in the Alligator River region in the NT (e.g. Ranger) and the Athabasca Basin in Canada (e.g. Cigar Lake). Southern Uranium has entered into a Deed of Assignment with Southern Gold and Uranium West. Under the Agreement, Southern Gold has transferred all of its rights, interests and obligations arising from its Heads of Agreement with Uranium West and Crescent to Southern Uranium. The assigned heads of agreement provides Southern Uranium with the ability to JV into the Rum Jungle and Calvert Hills (Westmoreland) projects.
More information about SNU.AX
|
| Related
Quotes |  |
|
| Top Stories |
| · |
Straits Asia to buy thermal coal assets
- AAP, (
Friday September 28, 2007, 12:34 pm)
|
| · |
Santos, state govt extend talks on shareholder cap
- Reuters Finance News, Australia, (
Friday September 28, 2007, 12:32 pm)
|
| · |
Uranium price on the rise after hiatus-report
- Reuters Finance News, Australia, (
Friday September 28, 2007, 12:29 pm)
|
| · |
Credit woes 'may keep rates steady'
- AAP, (
Friday September 28, 2007, 12:27 pm)
|
| More... |
|
|
|
