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Alligator Energy Ltd (ASX:AGE) says its maiden drilling program at the Big Lake Uranium Project has yielded a significant discovery, picking up a notable presence of anomalous uranium within interbedded palaeochannel sand units in the Namba Formation. This – Alligator says – proves the concept of a large amount of uranium being present within the basin sediments of South Australia’s Lake Eyre, with these sediments lying above the Cooper Basin – rich in hydrocarbons – and being within potentially In-Situ Recovery (ISR) amenable host and depths. Palaeochannel sand units hosting uranium mineralis…

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