| Valhalla Project |
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Valhalla |
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Country |
Australia
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Province |
Queensland |
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Close to |
Mount isa |
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Status |
ADVANCED DISCOVERY
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Latitude / Longitude |
20 S 22 / 135 E 21 |
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Legends
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| Risk and valuation analysis of the Valhalla Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Valhalla Project |
 | Summit Resources Limited
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Valhalla and Skal
deposits are within the Mt. Isa Uranium Joint Venture agreement area where Summit is manager and operator and holds a 50% interest with Mt. Ias Uranium (wholly owned by Paladin Resources) a 50% contributing partner |
 | Paladin Energy Limited
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Valhalla Project |
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The Valhalla uranium - vanadium deposit is located 40 kilometres northwest of Mount Isa city on EPM 9221.
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| History of the Valhalla Project |
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Previous drilling by Queensland Mines Ltd in the 1960’s, and Summit in recent years, has established a combined Indicated and Inferred resource of 57 million pounds of uranium oxide (“U3O8”) grading 0.08% above a 230ppm U3O8 cut off. Substantial widths of high grade uranium mineralisation in hematite-albite altered mafic schist’s have been intersected in the latest drilling at Valhalla.
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| Geology of the Valhalla Project |
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The deposit is hosted within basalts and basaltic sediments of the Eastern Creek Volcanics, trends north – south, is approximately 1,200m in strike length and is open to the south and at depth.
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| Discoveries and Drilling Results | |
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Data last updated on : 12/1/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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