| The project areas have been shown
to contain a number of clusters of first and second order radiometric
anomalies that have never been investigated The radiometric anomalies
are associated with favourable lithology to potentially host uranium
deposits in the Alligator Rivers Uranium Field region.
In terms of both regional and project scale structure the East
Alligator River Project areas are ideally situated for the discovery
of unconformity-style uranium deposits.
● Regionally, the project area is located on the eastern part of
the ARUF which contains the majority of the economic uranium deposits
in the Northern Territory.
● The ARUF accounts for 96% of production and 95% of known uranium
resources in the Northern Territory and also contains economic quantities
of gold, platinum and palladium.
● On a smaller scale, the tenements are located near to the uranium
deposits of Ranger, Jabiluka, Koongarra and Nabarlek Mines.
● The tenements have geological potential to hold the favourable
model in which oxidised fluids, sourced from overlying platform
cover sandstone successions (such as the Gamarringang/Marigowa Sandstones)
carrying soluble uranium and depositing on the contact of the sandstone
and metamorphic basement rocks, which in turn form the unconformity
uranium style deposits.
● The region contains other significant metal deposits, in particular
the Coronation Hill U-Au-Pt-Pd style deposit.
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