| Risk and valuation analysis of the Lake Giles Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Lake Giles Project |
 | Macarthur Minerals Limited
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In June 2006 Macarthur acquired the remaining 20-per-cent interest in the Lake Giles Project from InterCoal (formerly InterNickel). As a result, Macarthur retains complete control of the project and its potential. |
 | Aura Energy |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Lake Giles Project |
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The Lake Giles Project is located about 450 km east-northeast of the coastal city of Perth, Western Australia. Its contiguous tenements cover a total area of 1155 km². Geologically it is situated in the Southern Cross Province of the Archaean (rocks more than 2,500 million years old) Yilgarn Block of southwestern Western Australia.
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| History of the Lake Giles Project |
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There has been no previous uranium exploration in the radiometrically anomalous areas. The tenements are located on Pastoral Leasehold lands.
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| Geology of the Lake Giles Project |
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The Southern Cross Province has been and still is host to many significant mineral deposits that have been or are being mined for gold, nickel sulphides and iron ore.
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