Alliance dives on maiden resource

ALLIANCE Resources has seen its share price fall by more than 25% or 72c after it announced an initial resource of 3.9 million tonnes at 0.37% uranium at the Four Mile West deposit with an estimated in-ground value of $4.4 billion.

Alliance dives on maiden resource Alliance dives on maiden resource Alliance dives on maiden resource Alliance dives on maiden resource Alliance dives on maiden resource

The announcement of the initial inferred mineral resource of 32 million pounds or 15,000t of contained uranium at the Four Mile West prospect saw Alliance's shares fall to $2.

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