Gryphon Minerals has recently completed two mineral applications (Hamilton River and Cat Creek Uranium Projects), prospective for channel and calcrete style uranium mineralization in the Mount Isa District, Queensland.
The Projects secure 660 square kilometres of tenure that contain significant untested radiometric uranium anomalies. The Hamilton River Project secures in excess of 60km strike length of prospective channels while the Cat Creek Project contains a significant 200 square kilometre untested surfical uranium radiometric anomaly.
Any potential uranium enrichment within the project areas are expected in the near surface sediments and as such, exploration for and appraisal of uranium mineralisation is expected to be relatively low cost.
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Mt Isa Uranium Projects (