Welcome to Callabonna Uranium Limited
Callabonna Uranium Limited (CUU) was created in September 2009 through the merger of listed MKY Resources Limited (MKY) and then unlisted Callabonna Uranium Limited. The merged company adopted the Callabonna Uranium name and the ASX code:CUU.
Callabonna Uranium Limited (CUU) is predominantly a uranium exploration company. Its mission is to become a successful explorer and producer of yellow cake for use in carbon neutral energy generation by the fast growing modern “fleet” of nuclear reactors.
Callabonna Uranium brings together:
- An exceptional portfolio of uranium projects targeting high grade, high value uranium deposits in South Australia, the Northern Territory and Queensland.
- A growing portfolio of gold and base metals projects in north Queensland.
- An accomplished team of directors and managers with substantial experience in mineral exploration, project development and corporate finance.
- A large cornerstone investor in SK Energy International, part of the SK Group, one of Korea’s largest companies.
Callabonna Uranium’s Curnamona Projects in the Frome Embayment cover over 7,000 km² of prime exploration ground in two contiguous land holdings. Callabonna is using airborne geophysics to delineate sand filled channels prospective for sandstone hosted uranium deposits amenable to in-situ leach extraction methods (similar to the Beverley and Beverley Four Mile type uranium deposits in the same region). These deposits typically have excellent grades and in-situ leach extraction offers significant capital cost and environmental advantages over traditional mining methods.
