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Boss Resources Ltd.
Summary
| Project: | Honeymoon | |
|---|---|---|
| Deposit: | Jasons | |
| Location: | Australia | |
| Commodities: | Uranium | |
| Date: | 5/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 12-5-2017: Boss Resources Ltd. announces an Exploration/Drilling Update report for its Jasons deposit at the Honeymoon project. Drilling results incl. 1.77m @ 1270ppm pU3O8 from 86.82m. Boss Resources Limited (ASX: BOE) is pleased to announce that the fin | |
| Resources: | (Resource, Total): 43.5Mt @ 660ppm 3U3O8 for 63.3Mlbs U3O8 contained at Honeymoon | |
| CP/QP: | [Overall Report]: Neil Inwood (Not stated) | |
| ABSTRACT: | Boss Resources Limited (ASX: BOE) is pleased to announce that the final round of results of the mudrotary program at the Jasons Prospect have been processed. The Jasons Prospect is located approximately 12km north of Boss’s Honeymoon Uranium Mine Site. The drilling program commenced in the northern region of the deposit before shifting to the southern region. The final part of the program infilled between the northern and southern drilling. Boss’s Chief Executive Officer, Mr Duncan Craib, said: “These results confirm our expectation that targeted drilling can extend the uranium endowment in this area. Meanwhile we have advanced the Pre-Feasibility Study and now look forward to announcing the results by month end, May 2017.” The Honeymoon Uranium Project (Figure 2) is in South Australia, approximately 80km north-west from the town of Broken Hill near the SA / NSW border. The Project consists of 1 granted Mining Lease, 5 granted Exploration Licenses, 8 Retention Leases and 2 Miscellaneous Purpose Licenses. There are 2 main exploration regions: The Eastern Region (ELs 5215 and 5621) which hosts the Honeymoon, Brooks Dam and East Kalkaroo Resources; and the Western Region (ELs 5043, 5623 and 5622) which hosts the Gould’s Dam and Billeroo deposits. | |
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