Welcome to Callabonna Uranium Limited

The new 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 newly merged company adopted the Callabonna Uranium name and the ASX code: CUU.

Callabonna Uranium Limited (CUU) is a uranium and geothermal energy exploration company. Its mission is to become a successful explorer and producer of energy from the sale of both uranium and geothermal power.

The newly created company brings together: 

• An exceptional portfolio of uranium projects targeting high grade, high value uranium deposits in South Australia (7,051 km²), the Northern Territory
  (5,887 km²) and Queensland (918 km²).
• A package of Geothermal Energy exploration projects in South Australia totalling 4,353 km² in area.
• 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 flagship project is the Curnamona Project in the Frome Embayment includes 7,051 km² of prime exploration ground on the northeast faulted margin of the Curnamona Craton. It is situated in a structural and stratigraphic setting interpreted to be comparable to Beverley and Beverley Four Mile. After completing one of the largest airborne electromagnetic surveys (over 3,400 line km of REPTEM) in the region Callabonna Uranium has interpreted numerous potential palaeo-channels for drill targeting.