The firm has completed first drill hole LP00173 under the program, which has intersected two zones of uranium mineralization.

The drilling program will include 6,000m of air core drilling, followed by a proposed 6,000m of rotary mud drilling, and is designed to define the host channel system and outline the extent of continuous uranium mineralization.

The new drill holes will be sited at anominal 400m spacing across the interpreted palaeochannel system for a total of 6000m of aircore drilling, and will be gamma logged from surface.