West Australian Metals gets results at Marenica, and working $5 million uranium exploration budget by Proactive Investors

African uranium developer West Australian Metals (ASX: WME) has undertaken downhole probing at Marenica Uranium Project in Namibia, Southern Africa.

In tandem with with the recently commenced 5,000 metre in-fill Reverse Circulation drilling program, the work is designed to upgrade a significant portion of the current resource at Marenica from Inferred to Indicated.

Highlights from new probe results are as follows:

- 12.4m @ 178ppm eU3O8 from 0.76m in hole M0433
- 7.9m @ 170ppm eU3O8 from 0.88m in hole M0478
- 8.6m @ 153ppm eU3O8 from 0.77m in hole M0479
- 6.6m @ 302ppm eU3O8 from 1.20m in hole M1027
- 6.3m @ 130ppm eU3O8 from 0.93m in hole M1036
- 10.0m @ 149ppm eU3O8 from 0.55m in hole SP043
- 8.1m @ 442ppm eU3O8 from 5.28m in hole SP0586
- 9.7m @ 138ppm eU3O8 from 3.37m in hole SP1140

The results of which have not been included in the calculation of the current Inferred Resource at Marenica.

Current Inferred Resource at Marenica stands at 111Mt grading 140ppm U3O8 (17,000 tonnes or 34Mlb of contained U3O8).

The new campaign will also include a 100-hole drilling and re-probing program to the west of the known resource targeting extensions to the 2008 Inferred Resource.

Downhole probing has so far been completed for 98 holes (1,683 metres) before technical issues with the probe halted work.

The probe is due back on site by the 6th of August to continue with the program.

With WME's A$5 million budget to exploration over the next 6 months, as reported previously, news flow and results are likely to hot up at Marenica.

WME is also well advanced with preparations for drilling at the exciting Philippus, and Springbok hydrothermally altered granite prospects.

Ground radiometric surveys, mapping and rock chip sampling have been completed in preparation for drilling. These prospects are identified as high-tenor airborne radiometric anomalies, with field reconnaissance identifying primary uranium mineralisation associated with altered alaskitic granites and pegmatites.

A major regional airborne survey will be undertaken, covering approximately 180 sq km of previously unexplored areas within the Marenica Project area where previous reconnaissance ground surveys have indicated high potential for both palaeo-channel and primary hard rock uranium mineralisation.

The Marenica Project is located 70km north of Rio Tinto’s Rossing Uranium Mine in one of the most significant emerging uranium provinces in the world.

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