Albidon Announces Signifcant Uranium Mineralisation at Chisebuka , Zambiaadmin
Albidon announced its JV partner African Energy has received final assay results from the initial phase of RC drill testing of the Chisebuka uranium anomaly in the Kariba Valley JV Project in Zambia. Significant intersections include: 7m @ 445 ppm U3O8 from 11m incl. 2m @ 762 ppm U3O8 from 11m and 2m @ 642 ppm U3O8 from 16m; 2m @ 740 ppm U3O8 from 66m; and 7m @ 465 ppm U3O8 from 57m. Two parallel mineralised zones have been identified, with strike lengths of up to 800m. Both zones remain open along strike. Additional RC drilling is scheduled to commence in the second quarter of 2008, after the seasonal rains have ceased.
Original Announcement: SIGNIFCANT URANIUM MINERALISATION AT CHISEBUKA , ZAMBIA