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PROJECTS

URO Corporation has secured extensive landholdings covering over 11,000 square kilometres of highly prospective and underexplored ground in the Northern Territory across two key projects: Chilling and Charley Creek. Our titles present a significant opportunity across a diverse range of resource depositional styles with analogous geology to known commercial discoveries. URO Corp intends to leverage the considerable work undertaken by the previous owners to delineate a commercial resource.

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CHILLING PROJECT

Western mirror image of Jabiluka-Ranger-Koongara Corridor

Located south-west of Darwin covering three titles in a region that has produced some of Australia's most significant uranium discoveries.

CHARLEY CREEK PROJECT

Elephant country

West of Alice Springs and covering nine titles, Charley Creek is prospective for a range of energy metals including uranium and rare earths.

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OTHER

URO Corporation has secured additional prospective titles north-west of Alice Springs

Chilling ancor
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CHILLING

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Potential Types of Deposits

  • Uranium unconformity-related - unconformity between Palaeoproterozoic metamorphic basement, overlying Mesoproterozoic and younger sedimentary rocks

  • Iron-oxide breccia-hosted copper-gold-uranium

  • Granite, pegmatite and shear zone related uranium, rare earth elements, tin and tantalum

  • Copper lead zinc silver ± gold volcano-sedimentary and meta-sediment hosted massive or disseminated mineralisation

  • Nickel, copper, Platinum Group Elements (PGEs)

  • Intrusion and/or structurally related gold

Prospecting Rationale

- Emulate Crossland - Previous Chilling Area tenement holder

- Crossland’s technical findings

  • Crossland selected Chilling area due to ‘Primary Hub’ potential

  • Used confidential data supplied by Paradigm Geoscience (Global Geoscience Limited)

  • Identified wide variety of deposit styles due to source rocks presence, host lithologies with suitable structure

  • Mineralisation found at depth

  • Western mirror image of the Alligator Rivers Uranium Province (ARUP)

  • Region produced base metals, gold and tin-tantalum

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Charley Creek
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CHARLEY CREEK

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Potential Types of Deposits

- Uranium granite, pegmatite, shear zone related uranium and rare earth elements (REE)

  • Iron-oxide breccia-hosted copper-gold-uranium

  • Uranium palaeodrainage carbonate type

  • Uranium palaeodrainage redox-related

  • REE and Uranium in late stage felsic intrusives

  • REE in alluvial sediments (mineral sands)

  • Nickel, copper, vanadium and PGEs related to mafic intrusions

  • Polymetallic metamorphic-related deposits

  • Orogenic gold

Prospecting Rationale

- Emulate Crossland - Previous Chilling Area tenement holder

- Crossland’s technical findings regarding Uranium prospectivity:

  • Used confidential data supplied by Paradigm Geoscience (Global Geoscience Limited)

  • Nickel-copper-PGE accumulations associated with the ultramafic phases of the Mt Hay granulite

  • Highly metamorphosed Palaeoproterozoic mafic intrusive complex

  • Geological mapping by Rio Tinto Exploration (1997) confirmed layered mafic complex

  • Concentrate exploration of radiometrically anomalous Teapot Granite for uranium

  • 0.228% U3O8 inTeapot Granite in association with secondary uranium mineralisation hosted in the granite

  • Potentially in greater quantities with additional exploration

  • CRA Exploration water bore readings of 41ppb U indicating uraniferous ground waters

  • Prospective for two secondary uranium deposit types (Analogue: Napperby Deposit)

- REE focus following reassessment of aircore geochemical data

- Anomalous Cerium and other REE in both alluvium and saprolite

- Alluvium-hosted REE resources were calculated

- Large swathes of project area remain prospective for REE

- Basement and cover rocks remain prospective for wide variety of commodities

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Charley Creek Mining Management Plan

Other
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BLOODWOOD PROJECT

Prospecting Rationale

- Crossland’s technical findings and rationale

  • Arunta Province, north of Ngalia Basin

  • Sandstone-type uranium occurrences on periphery of Ngalia Basin

  • Rock types similar to tenements east of Bloodwood

    • Anomalous uranium found e.g. Crystal Creek

  • Crossland exploration based on prospectivity for uranium and base metals

  • Area not adequately tested - mostly surface or shallow sampling and surface ecological mapping

  • Past explorers concentrated on gold

  • Prospects and areas of geochemical anomalism identified include:

    • Venerable Creek radiometric anomalism, U up to 810ppm in relatively shallow drilling, outcrop sample

    • Wilson’s Find (Singleton tungsten-copper) scheelite-copper bearing quartz veins, rock chips >1000 ppm copper

    • Elevated Ni-Zn-Bi-Cu-Au in soil and drill-hole samples

    • Drill-hole samples with anomalous Cu-Bi-Au and Au-Ag-Bi

Bloodwood Mining Management Plan

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OTHER

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