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Total Resources Summary
Property
Resource Category
Million Tonnes
% U3O8
Million lbs
U3O8
Ben Lomond
NI43-101 compliant, Indicated
1.33
0.27
7.9
Ben Lomond
NI43-101 compliant, Inferred
0.60
0.21
2.8
Lake Maitland
NI43-101 compliant, Inferred
3.6
0.027
2.2
Lake Maitland
NI43-101 compliant,
Indicated
28.7
0.038
23.8
Maureen
NI43-101 compliant, Indicated
3.12
0.09
5.95
Maureen
NI43-101 compliant, Inferred
0.15
0.11
0.38
Principal Properties
Ben Lomond
Ben Lomond, in Queensland, Australia, contains an NI43-101 compliant Indicated Resource of 1.33 million tonnes @ 0.27% U3O8 (7.9Mlbs U3O8) and an Inferred Resource of 0.6 million tonnes @ 0.21% U3O8 (2.8Mlbs U3O8).
Lake Maitland
Lake Maitland, located in the Eastern Goldfields area of Western Australia, at a 100 ppm U3O8 cut-off, contains an NI43-101 compliant Indicated Resource of 28.7 million tonnes @ 376 ppm U3O8 (23.8Mlbs U3O8) and an Inferred Resource of 3.6 million tonnes @ 274 ppm U3O8 (2.2Mlbs U3O8).
Georgetown Property - Maureen Uranium Deposit The Maureen uranium deposit, located in the Georgetown area of Queensland, comprises an NI43-101 compliant Indicated Resource of 3.1 million tonnes @ 0.09% U3O8 (5.95 Mlbs U3O8) and an Inferred Resource of 0.15 million tonnes @ 0.11% U3O8 (0.38 Mlbs U3O8).
