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Scoping study supports Vimy's Angularli advance

VIMY Resources is in a trading halt over a capital raising after yesterday reporting a scoping study for its second proposed development, the 75%-owned Angularli deposit in the Alligator River project, Northern Territory that it shares with Rio Tinto (25%).

Haydn Black
Alligator River is one of the world's richest uranium provinces.

Alligator River is one of the world's richest uranium provinces.

While there were no hard numbers in the scoping study given the 910,000 tonnes at 1.3% uranium oxide for 26 million pounds is still an inferred resource, and ASX rules prohibit the release of specifics,...

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