The Crocker Well Uranium Project is located approximately 150kms west of Broken Hill and approximately 400kms north of Adelaide in the highly prospective Curnamona region of South Australia. There are numerous other known uranium deposits within close proximity to the Crocker Well deposit, including the Honeymoon Uranium deposit.
Crocker Well was discovered in 1951 by the South Australian Department of Mines which then embarked on a six-year exploration and testing program. Several private companies took over the Crocker Well Deposit in the sixties and seventies with all of the work performed by these companies made available to the Joint Venture through PIRSA.
Crocker Well has been extensively explored. About 1000 holes have been drilled at Crocker Well and seven shafts have been sunk. There are also approximately 50 well-preserved drill cores which have provided valuable information and enabled the Joint Venture to move forward rapidly in its planning and scheduling of future work.
In 2005, a review of the historical data classified the deposit as an inferred resource. A subsequent scoping study indicated that $160m will be required to develop a conventional open cut mine and processing plant at Crocker Well.
On June 6, 2007 the Sinosteel PepinNini Joint Venture was formed. This has provided the necessary funds and support to enable the project to proceed to a point where the Joint Venture can determine if commercialisation of the mine is feasible.
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