Adavale Resources (ASX: ADD) has identified ‘extensive’ helium anomalies at its Lake Surprise Uranium Project during a recent desktop study, which it says is ‘strongly indicative’ of the presence of uranium.
The study, undertaken by remote sensing exploration consultant Dr. Neil Pendock, used Sentinel-2 satellite imagery to analyse the presence of helium spectral signatures from the radioactive decay of uranium, with targets generated for upcoming exploration work.
The largest of these, coming in at 1.8km x 8km, is reported to be ‘much larger and stronger’ than one previously defined by drilling in the northwest of the project.
The company notes that this data is supported by a correlation between helium signatures and elevated gamma encountered around uranium from known proximal deposits.
Addressing the study results, Adavale Resources Senior Exploration Geologist Patrick Harvey said: “The workstream undertaken by Dr Pendock, using the helium data as a pathfinder is well established and provides additional evidence of the potential presence of uranium, highlighting the prospective nature of Adavale’s uranium tenement package. This survey and resulting information provide an extra layer of data that builds upon our understanding of the tenements to support the upcoming geophysical survey.”
“The workstream undertaken by Dr Pendock, using the helium data as a pathfinder is well established and provides additional evidence of the potential presence of uranium”
The Lake Surprise uranium tenements were acquired by Adavale in 2006, and were originally identified using outcrop sampling and regional radiometric anomalies which the company notes remain largely under-explored.
Adavale reports that it has locked in plans for an upcoming exploration program including gamma survey and rock chip sampling targeting the newly-generated anomalies, with work set to commence as soon as COVID restrictions allow for travel into South Australia.
Images: Adavale Resources Limited