Planning for further drilling in 2025 at Energy Metals’ (ASX:EME) Bigrlyi Project has begun, and with rigs expected to start turning in Q2 2025 once the Northern Territory wet season has finished and site access established.
The Australian uranium exploration company’s exploration team is now awaiting receipt of chemical assay results, which will enable it to finalise interpretation and begin the process of updating wireframes and geological models.
Once complete, a revised mineral resource estimate (MRE) will be calculated for Bigrlyi.
Announcing results from its resource extension drilling campaign at Bigrlyi, located in the Ngalia Basin some 350km northwest of Alice Springs, the company says it has completed 11,055m of RC and diamond drilling in 2024, targeting three sub deposits with “good potential for resource growth”.
Results were delivered from all three sub-deposits, known as A2, A4, and A15, with drillholes “regularly exceeding” 10,000ppm (1%) eU3O8. Intersections include BRC2430, an RC hole in the centre of the A2 sub deposit, which returned 5.1m at 4,500ppm eU3O8 from 129.1m downhole.
This includes a core of 0.6m at 12,600ppm eU3O8 from a depth of 129.7m, with the true width of the full intersection estimated to be 4.1m. This ranks in the top five best intersections recorded at A2 since its discovery.
The project is classified as a sandstone-hosted uranium and vanadium deposit, occurring within the sub-vertical Mt Eclipse sandstone, which contains a sequence of medium-to-coarse grained felspathic sandstones. It is a joint venture between Energy Metals (72.4%), NT Uranium (20.8%), and Noble Investments (6.8%).
In July 2024, Energy Metals started its drilling campaign to grow the uranium resource at Bigrlyi, which is currently 6.32Mt at an average grade of 1,530ppm for 9,660 tonnes (21.3Mlbs) contained U3O8 using a 500ppm cut-off.
The MRE comprises 18.2% measured resource, 54.3% indicated, with the remaining 27.5% classified as inferred resource.
Write to Adam Orlando at Mining.com.au
Images: Energy Metals
