Bungalow Well (EL36/549)

The Bungalow Well project lies along part of a major but subsidiary palaeo-drainage channel that commences in the Youanmi district. Trending eastwards it is an arcuate shape until its confluence with the Lake Raeside drainage system 40km to the west of Leonora, a distance of some 225 km. This system is known as the Noondie-Raeside channel.

The project area contains about 25 km of this drainage system and attains a width up to 3 km.

Uranium mineralisation has previously been identified on the project area. Le Nickel Prospecting Pty Ltd explored the area in 1972 but concentrated its search in the areas of peak surface radiometric response and drilled only a limited number of holes. It concluded that only sub economic mineralisation was present and the exploration program ceased. UOG has reviewed the project and confirmed the presence of uranium within the lake sediments. UOG is now considering its options in light of recent market events.