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Project : VICTORIA RIVER JOINT VENTURE PROJECT - URANIUM RESOURCE

Mining
Open Cut
  Estimated Project Value
$ 4,000,000
Address Via
Suburb Timber Creek
State NT
Council Victoria Daly Shire
Postcode 0852
Project Type Resource - Uranium
Development Type New
Status Finished (i.e. no further info)
Stage Early Planning
Ownership Private
Notes
No Further Information Available
Commence Date 6/10/2008
Completion Date 7/10/2009
Details
  • The eight tenements all contain radiometric anomalies and are variously prospective for a range of uranium mineralisations styles, including primary and secondary.
  • EL's 25846-25851, 25884 & 25885.
  • Land Area: 1770sqkm.
  • After meeting its minimum commitment within 12 months after commencement, NuPower may earn 20% equity in the ELs by sole funding $1 million on exploration by years from commencement.
  • NuPower may earn a further 20% equity by sole funding $3 million on exploration within three years from commencement.
 
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