Assay results from the maiden drill program at Core Exploration’s Fitton project in South Australia have confirmed its strong uranium prospectivity.

The reverse circulation program totalled 1902 metres across the seven known anomalies at the project. The results include confirmation of a broad 29 metre intersection at the Scott Lee prospect where high grade uranium mineralization was intersected. Best results include 11 metres @ 174ppm uranium and 951ppm copper, including 5 metres @ 217ppm uranium and 1813ppm copper, and 29 metres @ 100ppm uranium and 155ppm copper.

Fitton is within an area regarded as Australia’s premier uranium region, 500km north of Adelaide. The district hosts the 7.7 million tonne Beverley resource, 9.8 million tonne Four Mile project and the Mt Gee site.

Core’s managing director Stephen Biggins says the successful maiden drill campaign has prompted the company to undertake further exploration and field mapping in the lead up to the next drill program in March. “This has been a very successful first drilling campaign as we have encountered high-grade uranium within broad intersections of mineralization within the shear zone at Scott Lee prospect.”

The current field work will involve comparisons of magnetic susceptibility and magnetic data to uranium distribution to identify prospective zones outside the current targets.

“Detailed infill soil sampling is also being undertaken to identify new zones of mineralization. Follow up ‘step back’ and ‘along strike’ reverse circulation drilling is planned at Scott Lee during the March quarter once land access is approved,” says Stephen Biggins.

Core says Aboriginal heritage clearances and government approvals for drilling are in process to enable further drilling around the confirmed mineralization at the site.

www.coreexploration.com.au

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