Gladiator Resources Ltd (ASX: GLA) has announced that diamond core drilling has commenced at the 100% owned Mkuju Uranium Project in southern Tanzania.
Drilling started at the SWC target where 2023 trenches intersected up to 7139ppm U3O8. After SWC the rig will move over to Mtonya and Likuyu North where drilling will test potential extensions and new zones at these existing uranium deposits. The final stage of the drilling will be follow-up on the most promising areas.
Additionally, the company has purchased downhole gamma-ray logging equipment to provide rapid guidance of the depth of mineralization that may be encountered, and the relative intensity of mineralized intervals, though grade data will not be reported until later once the results of laboratory analyses are received, expected late July onwards.
Gladiator has engaged a geophysical contractor to carry out a 375 line-km high resolution ground magnetic survey over a block including the Likuyu North deposit. Surveying began on early in June and be completed with processing early in July. The deposit is broadly controlled by a large structure adjacent to which the Nyota deposit (20km to the north) is also located.
Nyota has a measured and indicated MRE of 187Mt at 306ppm U3O8 containing 124.6Mlbs U3O8. The magnetic data is intended to improve on the current interpretation of primary and secondary structures and other features that may (directly or indirectly) control the uranium mineralization. This information may then be used to optimize the drilling plan at Likuyu North.
To find out more, please visit www.gladiatorresources.net
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