Moonlight Project (ELA 27802) – Northern Territory (100% CUU)
The Moonlight is located approximately 350km north west of Alice Springs on the western rim of the Arunta Inlier. The exploration lease is dominated by the partially exposed highly radiogenic Southwark Granite which is considered to be a possible uranium source for the nearby sandstone hosted 24 Mlb Bigrlyi resource (located just 20km to the east).
In house project generation has identified an area of possible calcrete that may host economic grades of uranium mineralization remobilized and concentrated from the underlying granite (see figure). Swiss Aluminium Mining Australia explored for calcrete hosted uranium to the north of the Moonlight lease during the mid-late 1970’s and identified active superficial concentration mechanisms with peak rock chip samples exceeding 800ppm U3O8 (CR1977-0072).
Potential also exists for primary in-situ vein or pegmatite hosted Uranium (+/- Rare Earth Elements) and base metals mineralization. Previous exploration companies have focused on the gold potential of the area with little uranium exploration over the majority of the lease.
Exploration Strategy
- Detailed mapping, ground radiometrics and rock chip sampling
- Follow up of satellite image “colour” anomaly
- Assessment of economic potential
