rockland resources information uranium projects february 2014 resources... · pipeline of quality...

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RESOURCES Uranium Projects - Northern Territory Rockland R Rockland Resources is a dynamic, uranium focussed explorer with a pipeline of quality projects in the Northern Territory (NT) of Australia and a clear development strategy. February 2014 N O R T H E R N T E R R I T O R Y DARWIN ALICE SPRINGS Hayes Creek Eclipse World Class - Under-explored Regions of the Northern Territory (Australia) Pipeline of quality prospects A clear focus as a pure uranium explorer High Grade Resource at Hayes Creek and discovery of new zones of high grade uranium The NT is a stable jurisdiction with > 30 yr uranium production history Rockland's is a private company with proven and experienced Board and Management - who can realize the uranium potential and make successful discoveries Calvert Hills 1 F: +61 7 3135 9772 E: [email protected] CONTACT Level 7, Emirates House, 167 Eagle St, Brisbane, QLD, 4000 GPO Box 3245, Brisbane, QLD, 4001 M:+61 412 332 330 P: +61 7 3135 9770 Thomas Northcott Managing Director rocklandresources.com.au ABN 99 149 709 713

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Page 1: Rockland Resources Information Uranium Projects February 2014 Resources... · Pipeline of quality prospects ... Rockland is planning a 2014 drilling program to “unlock” the

RESOURCES

Uranium Projects - Northern Territory

RocklandRRockland Resources is a dynamic, uranium focussed explorerwith a pipeline of quality projects in the Northern Territory (NT) of Australia and a clear development strategy.

February 2014

N O R T H E R NT E R R I T O R Y

DARWIN

ALICE SPRINGS

Hayes Creek

Eclipse

World Class - Under-explored Regions of the Northern Territory (Australia)

Pipeline of quality prospects

A clear focus as a pure uranium explorer

High Grade Resource at Hayes Creek and discovery of new zones of high grade uranium

The NT is a stable jurisdiction with > 30 yr uranium production history

Rockland's is a private company with proven and experienced Board and Management - who can realize the uranium potential and make successful discoveries

Calvert Hills

1

F: +61 7 3135 9772

E: [email protected]

CONTACT

Level 7, Emirates House,

167 Eagle St, Brisbane, QLD, 4000

GPO Box 3245, Brisbane, QLD, 4001

M:+61 412 332 330

P: +61 7 3135 9770

Thomas Northcott

Managing Director

rocklandresources.com.au

ABN 99 149 709 713

Page 2: Rockland Resources Information Uranium Projects February 2014 Resources... · Pipeline of quality prospects ... Rockland is planning a 2014 drilling program to “unlock” the

Uranium Projects (NT)RESOURCES

RocklandR

2

HAYES CREEK PROJECT - HIGH GRADE URANIUM, WORLD CLASS PROVINCE

February 2014

The Hayes Creek project is located 200 km south of Darwin in the Northern Territory, Australia. Following recent

discoveries, the Hayes Ck province is now recognised to be similar to other nearby Pine Creek Orogen world class

unconformity deposits including Ranger and Jabiluka. Rockland is planning a 2014 drilling program to “unlock” the 2

uranium potential of this underexplored region. The company has a large land holding totaling 1,098km (100% of the

uranium rights) which includes a JORC uranium resource. Significant new datasets and insights have led to the

identification of several high quality targets.

The deposit has a maiden JORC resource of 829,000 t @

924 ppm U O for 1.7 Mlb (400 ppm lower cut off and 3 8

4,000 ppm upper cut).Drilling intercepts up to 5 m @ 1.5% U O with grades as 3 8

high as 20.3% U O .3 8

The Fleur de Lys uranium mine operated in the 1950s and

produced uranium grades averaging 0.22% for 600 lb

U3O8 – Rockland's is targeting extensions to the historic

mine.Nine other prospects have significant uranium

mineralization which exceed percentage grades and

testify to the wide-spread high grade nature of the

mineral system. Significant exploration upside at known locations and

also untested green-field opportunity to be drill tested.Located near existing infrastructure including power,

water, roads, rail and accommodation.

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6m @ 1,415 ppm (chips 2,299 ppm)

2m @ 971 ppm

1m @ 229 ppm (chips 22.9%)

4m @ 120 ppm (chips 17.5%)

18m @ 237 ppm (chips 1,227 ppm)

Chips 58 ppm

10m @ 556 ppm (chips max to.20.3% ppm)

0.8 Mt @ 3,196 ppm, 5m @ 1.5% (to 20.3%)

2m @ 994 ppm

Significant Uranium Prospects - Uranium Mineralisation

Uranium Results (U O )3 8

Page 3: Rockland Resources Information Uranium Projects February 2014 Resources... · Pipeline of quality prospects ... Rockland is planning a 2014 drilling program to “unlock” the

3February 2014

Uranium Projects (NT)RESOURCES

RocklandR

ECLIPSE PROJECT

CALVERT HILLS PROJECT

2The Eclipse project covers an area of approximately 485 km within the Ngalia Basin, which is recognised by Geoscience

Australia as a premier location for sandstone hosted uranium deposition along with possible paleochannel, roll-front

and unconformity uranium. The project is immediately adjacent to the Napperby Uranium Deposit. Rockland will focus

exploration on drill testing the known uranium prospects and targets derived from shallow drilling and airborne

electromagnetics which have not been previously followed up.

Adjacent to the Napperby uranium deposit which is hosted by shallow paleochannel calcretes with a JORC-

compliant Inferred Resource of 7.4 Mlbs U O . 3 8

Within the Ngalia basin are a number of advanced uranium prospects and deposits including the Bigryli

Deposit with a resource of 20.6 Mlbs U O . 3 8

The Nolan's Bore deposit is located 20 km northeast and contains a uranium resource of 19.5 Mlbs U O 3 8

(including significant rare earth elements (REEs) and phosphate mineralization).Previous uranium exploration has only been focussed on very shallow opportunities with significant

potential for alternate styles of uranium mineralization.

2The Calvert Hills project is 1,749 km . The utilisation of geophysics and drilling has confirmed extensive Westmoreland

Conglomerate, which are shallowly covered and hence have been underexplored for uranium. Targets have been

derived using geophysics, prospecting and drilling which are analogues to the Westmoreland unconformity uranium

Deposit and require further prospecting and drilling.

The same geological setting as the Westmoreland Uranium Deposit (51.9 Mlbs U O ).3 8

Newly recognized extensive exploration potential previously hidden by shallow cover which

is under explored.Geophysics, geochemical and geological criteria provide integrated targets which correspond

with the signature of the Westmoreland Deposit.

Eclipse Project Infographic Calvert Hills Project Infographic