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The Gaylad Creek Project (EL24249) consists of one granted exploration licence covering 388km2 located 140 kilometres east-southeast of Alice Springs. The Gaylad Creek Project is a grass roots exploration property with potential to host uranium, nickel sulphide and copper-lead-zinc.
The Daffyd and Myfanwy prospects consist of sharply defined magnetic anomalies within the tenement which warrant immediate evaluation. Atom Energy intends to assess the potential for uranium and base metal mineralisation at these prospects in conjunction with the Company’s exploration activities on the Native Gap Project to the northwest.
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