ASX VMY Vimy Resources LTD has acquired Cameco’s (CCO-T) Alligator River project in the Northern Territory

Announcement:

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The project is
located in the world-class Alligator River province which contains 50% of Australia’s uranium endowment and has similarities to the Athabasca basin in Canada. The region is very underexplored in comparison to the Athabasca with the potential for the discovery of large new uranium deposits. VMY has already released a 25.9Mlb (1.29% U3O8) Mineral Resource at the Angularli deposit (VMY 75%). VMY intends to undertake further exploration and drilling at the Alligator River project in 2018. READ PATERSON’S RESEARCH NOTE 10/04/2018 PDF

VISIT VIMY RESOURCES WEBSITE

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