Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) CEO Greg Hall discusses with Proactive exploration plans for the companys Big Lake Uranium Project in South Australias Cooper Basin. The ASX-listed company is working on obtaining cultural heritage clearance after agreeing to heritage protection and employment commitments with the Yandruwandha Yawarrawarrka Traditional Landowners Aboriginal Corporation (YYTLOAC). Subject to rig availability, Alligator is targeting a drilling program of up to 45 holes averaging 140 metres in depth to test its mineralisation model on a number of drill fences to set the foundations for a more target-driven future drilling program.
We have spent the last year methodically interpreting the seismic data that is publicly available from previous work done by the oil and gas companies operating in the Cooper Basin, Hall said.
This approach was viewed as a cost-effective method of identifying areas across our tenement package that display the right attributes for an exploratory drill program. We are now well-placed to execute on our first on-ground work program."
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Alligator Energy Ltd
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