UMC Energy Plc - Uranium + Oil/Gas

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Scrooge McDuck - Fri, 30 Dec 05 :







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25/09/0814:29UKREG
25/09/0814:27UKREG


Exploration programme

Phase 1

The Company's initial focus will be to identify and outline suitable exploration targets on the exploration permits through a combination of airborne geophysical surveys, tectonic and structural geology studies and the review of URAMAD's historical exploration database, including confirmation drilling on the Folakara permits.

Phase 2

The Phase 2 exploration will focus on developing drill targets. Field work and target evaluation will involve ground scintillometer surveys, following up on the airborne anomalies, trenching, geological mapping (regional and detailed) and sedimentary and geochemical studies. Once completed, and as warranted, drilling of priority targets will be considered.

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