| The project areas have been shown
to contain a number of clusters of first and second order radiometric
anomalies that have never been investigated (Figures 36 and 37). Theradiometric
anomalies are associated with favourable lithologies to potentially
hosted uranium deposits as the Alligator River Uranium Field region
which lies to the north.
In terms of both regional and project scale structure the East
Georgina Basin Project areas are ideally situated for unconformity-style
uranium deposits.
● Regionally, the project area is located south of the Woolgni/Edith
River uranium field which contains uranium deposits in the Pine
Creek Geosyncline.
● The Pine Creek Geosyncline accounts for the known mined out uranium
resources in the Northern Territory, but also contains economic
quantities of gold, base metals and iron ore
● The tenements have geological potential to host the favourable
model in which oxidised fluids, sourced from overlying platform
cover sandstone successions (such as part of the Gum Ridge Formation)
and carry soluble uranium which can be deposited on the contact
of the sandstone and the metamorphic basement rocks, which form
the unconformity uranium style deposits. |