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Scimitar Resources Limited (ASX:SIM) is a leading Australian exploration company in the advanced stages of Uranium exploration. The company retains an experienced board of directors and management team, with proven success in the resources and energy sector.
Highlights
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49.7m Shares on issue
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20,000 km2 of uranium prospective tenements
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Targeted drilling programs to continue in 2008
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Majority of the projects are 100% owned and located in well known uranium provinces in Western Australia, South Australia and Northern Territory with the majority located adjacent to significant uranium discoveries and deposits.
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Uranium exploration activities in three states allows for risk diversification in terms of differing political sentiment towards uranium policy in each state.
share price
SCIMITAR FPO
(ASX:SIM.AX)
Delayed quote data AEST |
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The directors of Scimitar Resources Limited (ASX Code : SIM) are pleased to announce the commencement of 10,000 metres of exploration drilling at the Company's 100% owned projects in the Northern Territory, commencing with an initial 6,000 metres of Reverse Circulation (RC) drilling at the Amadeus Uranium Project.
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The directors of Scimitar
Resources Limited (ASX Code: SIM) are pleased to announce the results of the recently
completed airborne electromagnetic (REPTEM) survey at the company’s 100% owned
Yanrey Uranium Project, in the Carnarvon Basin of Western Australia.
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