Enterprise Uranium Ltd.: Sandstone Goldfield Acquisition Presentation
06.04.2016 | ABN Newswire
Perth - Enterprise Uranium Ltd. (ASX:ENU) are pleased to provide a Company presentation at Mines and Money Hong Kong regarding the defining acquisition of Sandstone Goldfield.Sandstone Overview
The Project, the People & the Company:
- Near 100% holding over well endowed goldfield (1.1Moz mined to date) with considerable exploration upside
- Highly experienced exploration team, with
- Track record of exploration success in +1Moz gold systems in Western Australia (Eg. Jundee, Rosemont)
- Company focus on meaningful outcomes
- Low market value offering strong leverage to subsequent exploration success.
Sandstone Project:
- Large under-explored Archean greenstone belt
- Previous production in excess of 1Moz.
- High grade Au drill results not yet followed up
- Multiple targets identified from historical mining and AC/RAB/RC drilling
- Project area: ~723km2 with tenements in application
- Brownfields exploration, with initial target similar to that mined by Troy Resources NL
- Magnetic survey data to produce "blind" litho-structural targets for drill testing
To view the complete presentation, please visit:
http://abnnewswire.net/lnk/TF73456S
About Enterprise Uranium Ltd.:
Enterprise Uranium Ltd. (ASX:ENU) is based in Western Australia and focused solely on uranium exploration in Australia. Our objective is to discover and develop one or more "Tier 1" or world class uranium resources in order to meet the rising worldwide demand for uranium to meet electricity generation requirements.
Contact:
Dermot Ryan Executive Director
Enterprise Uranium Ltd.
T: +61-8-9381-2808
E: info@enterpriseuranium.com.au