Macallum Group
Northern Territory Investment
Alligator Energy
© Macallum Group Ltd 2019
Tel: +61 (08) 6144 2444 Address:11 Moreau Mews, Applecross Western Australia 6153

Investment - Alligator Energy

Alligator Energy Ltd (ASX : AGE) is focused on the discovery of world class high grade, uranium deposits in the Alligator Rivers Uranium Province (ARUP) in the Northern Territory. Through focused exploration programs of high technical standard, while building strong and accountable relationships with stakeholders. The ARUP is a uniquely under-explored, high grade uranium province. The province hosts several world class, high grade uranium deposits, including the Ranger No 1 and No 3 deposits which have to date produced over 300Mlb of U3O8 for export and the Jabiluka deposit, which is one of the world’s largest uranium deposits, having a resource in excess of 300Mlb U3O8 at grades of 0.5% U3O8. The Province is located within the Northern Territory which has benefited from uranium mining for over thirty years and has an established regulatory framework which offers a high degree of certainty for business and stakeholders.

Summary

Macallum has assessed a number of uranium investments around the world & selected AGE, as the first entry back into the uranium sector.

Why?

World class exploration potential in a known, but under explored uranium province hosting two world class deposits. The most under explored uranium province in the world when compared to all of the major uranium producing countries (Canada, Kazakhstan and Namibia). AGE systematically exploring ranked exploration targets with the goal of discovering at least one large deposit (>100Mlbs U3O8). Well managed & funded to achieve objectives. Visit the Alligator Energy Website for more information about the company. For more articles about this project refer to our News Section

AGE Exploring Australian Analogue of the Athabasca Basin

Alligator Rivers Uranium Province (ARUP) close analogue to Canada’s Athabasca Basin. Hosts large high grade uranium deposits; all known ones partly exposed in outcropping basement. Nearly 20 year exploration hiatus. Unlike Athabasca basin very little exploration - and no significant uranium deposit discovered - beneath covering sandstone. AGE adapted and applied uranium decay isotope geochemistry and SAM geophysical technique. Good targets beneath sandstone emerging, being refined, to be drill tested.