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ALLIANCE Resources says recent drilling at its Four Mile East uranium prospect has intersected a “new” high-grade zone of uranium mineralisation in the southern area of the prospect, with the news boosting the explorer’s share price by as much as 20% in morning trade.
The stock rose as much as 35c to an intraday high of $2.12 after Alliance announced intersections from its ongoing drilling program included 4.5m grading 0.59% pU308, 2.7m grading 0.
Reconnaissance drilling at Four Eagles may have delivered new prospective trend in Victoria
Catalyst acquires operating mine
