Alligator Energy (ASX:AGE) recommences drilling at Samphire, SA

• Alligator Energy (AGE) recommences drilling at the Blackbush deposit within its Samphire uranium project in South Australia
• The company relaunched extensional, resource upgrade and groundwater monitoring well drilling at the deposit as part of the second phase of its 100-hole program
• Three groundwater monitoring wells will be initially installed as part of the program to support Alligator’s field recovery trial and operational monitoring requirements
• Following the monitor well drilling, the remainder of the program will focus on extending the known high-grade zones where mineralisation remains open to the north, south and west
• Alligator Energy is down 2.44 per cent, trading at 4 cents at 3:28 pm AEDT

Alligator Energy (AGE) has recommenced drilling at the Blackbush deposit within its Samphire uranium project in South Australia.

The company relaunched extensional, resource upgrade and groundwater monitoring well drilling at the Blackbush deposit as part of the second phase of its 100-hole program.

Three groundwater monitoring wells will be initially installed as part of the program to support Alligator’s field recovery trial (FRT) approvals and operational monitoring requirements.

Following the monitor well drilling, the remainder of the program will focus on extending the known high-grade zones where mineralisation remains open to the north, south and west.

Infill drilling in the inferred areas of Blackbush will also continue to focus on upgrading the Blackbush mineral resource estimate.

“Excellent forward planning and on-ground work by our project team late last year and through January have allowed rapid preparation and access to continue for our resource infill and extensional drilling into 2023,” Alligator CEO Greg Hall said.

“The drilling of groundwater monitoring wells is important as we compile information for our planned FRT later this year and will also be used during that operation for performance and environmental monitoring during operations.

“Our technical team has been working diligently to complete the current resource upgrade, to be finalised this quarter.”

Meanwhile, Alligator Energy has been gearing up for a program for environment protection and rehabilitation (PEPR) to gain approval for ongoing sustained drilling operations, with drilling and downhole logging contractors secured for the rest of this year.

Alligator Energy was down 2.44 per cent and trading at 4 cents at 3:28 pm AEDT.