U UraniumLetlhakane and Serule · Sandstone-hosted · LET-U-004 Illustrative model
Serule Palaeochannel
Karoo palaeochannel with a modelled redox front and radiometric anomaly. Early target, ranked 7 of 10 nationally by model run u-v1.0.
Prospectivity
Medium 0.69
Confidence
63%
Area
220 km²
Ground
Application pending
What this means for a US$2m to 20m explorer
- 01 The next step costs US$260k: 1.3 to 13 percent of a US$2m to 20m annual programme.
- 02 An application is pending on this ground. Watch the register before spending.
- 03 Uranium has no public benchmark price; momentum is set to neutral in the score.
- 04 Confidence is moderate; budget for data before drilling. Model u-v1.0, accepted by M. Mokgatlhe.
Geological rationale
- +Karoo palaeochannel, redox front modelled40%
- +Radiometric U anomaly30%
Limitations
- Palaeochannel geometry from 8 boreholes only
Supporting evidence
| Layer | Dataset | Custodian | Confidence |
|---|---|---|---|
| Letlhakane drilling, 2009 to 2012 | ds-drill-letlhakane | not catalogued |