Monday, July 15News That Matters

Alligator Energy outlines uranium plans for Big Lake

–News Direct–

Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) CEO Greg Hall discusses with Proactive exploration plans for the companys Big Lake Uranium Project in South Australias Cooper Basin. The ASX-listed company is working on obtaining cultural heritage clearance after agreeing to heritage protection and employment commitments with the Yandruwandha Yawarrawarrka Traditional Landowners Aboriginal Corporation (YYTLOAC). Subject to rig availability, Alligator is targeting a drilling program of up to 45 holes averaging 140 metres in depth to test its mineralisation model on a number of drill fences to set the foundations for a more target-driven future drilling program.

We have spent the last year methodically interpreting the seismic data that is publicly available from previous work done by the oil and gas companies operating in the Cooper Basin, Hall said.

This approach was viewed as a cost-effective method of identifying areas across our tenement package that display the right attributes for an exploratory drill program. We are now well-placed to execute on our first on-ground work program."

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/alligator-energy-outlines-uranium-plans-for-big-lake-958981010

Alligator Energy Ltd

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COMTEX_443766329/2655/2023-11-20T11:09:45

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