Southern Uranium Limited

Published : May 09th, 2007

- Announcement today to ASX

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SIGNIFICANT RADIOMETRIC ANOMALY IN NEW URANIUM DRILLING AT CHALLENGER WEST IN FAR WEST SOUTH AUSTRALIA

The uranium potential of palaeochannel systems around the Challenger gold mine in South Australia’s far west has been enhanced under results released today by Southern Uranium Limited from its first exploration drilling since listing on the ASX last month.

 

Southern Uranium announced today that while assays were still awaited, gamma logging had detected downhole radiometric anomalies in a number of adjacent holes drilled by the Challenger West joint venture partner within the Indooroopilly Exploration Licence (“EL”), 30 kilometres to the west of the mine (see plan – Figure 1)….

 

Please visit our website at www.southernuranium.com.au

 

 

Southern Uranium Limited

 

58 North Terrace

Kent Town

South Australia 5067

 

 

Southern Uranium Limited

EXPLORATION STAGE
CODE : SNU.AX
ISIN : AU000000SNU6
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Southern Uranium is a uranium exploration company based in Australia.

Southern Uranium holds various exploration projects in Australia.

Its main exploration properties are PANDANUS WEST, CALVERT HILLS, RIDGEBACK and EAST EYRE PENINSULA in Australia.

Southern Uranium is listed in Australia. Its market capitalisation is AU$ 14.4 millions as of today (US$ 14.6 millions, € 11.0 millions).

Its stock quote reached its highest recent level on April 05, 2007 at AU$ 0.50, and its lowest recent point on October 17, 2008 at AU$ 0.03.

Southern Uranium has 155 137 450 shares outstanding.

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Corporate news of Southern Uranium Limited
5/9/2007- Announcement today to ASX
4/2/2007Media Release
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