Alligator Energy Ltd is focused on the discovery of world class energy metal resources including uranium deposits in the Alligator Rivers Uranium Province (ARUP) in the Northern Territory, Samphire project in South Australia, Big Lake project in South Australia and Ni-Co deposits within northwest Italy.
The company’s objective is to deliver outstanding value through exploration success and resource growth while securing credible development partnerships and pathways.
AGE’s existing large exploration footprint in the high-grade uranium Alligator Rivers region has been increased and enhanced through the Nabarlek North agreement and pending grant of titles, with advanced more efficient targets ready to be explored at the right stage in the market.
Figure 1. ARUP project locations.
The exploration for high grade uranium deposits in the ARUP region of the NT is now being augmented by additional uranium resource and exploration projects in South Australia with the potential for uranium deposits amenable to low cost ISR mining.
The Big Lake Uranium farm-in and acquisition is focussed on a new potential ISR area which contains uranium but has unproven potential. There is proven value in ISR uranium deposits located in the experienced regulatory regime of South Australia, which has one operating ISR mine and one on care and maintenance awaiting market improvement. In 2018, 55% of the world’s uranium was produced from ISR mining.
Figure 2. Big Lake project location.
The Samphire Project (currently subject to conditional acquisition) south of Whyalla in SA offers an existing significant and potentially expandable uranium resource which is amenable to ISR or open pit, and with ability to mine to a higher grade cut-off for more effective economics.
Figure 3. Samphire project location.
Alligator has also identified a unique opportunity in the exploration and potential delineation of high-grade nickel–cobalt–copper deposits in the historic Piedmont province in northwest Italy, at a time of heightened interest within Europe for sustainable supply of strategic minerals for the EV, battery and future electronics industry. The Company has both farm-in and directly held leases and applications in the known Ni Co Cu region with access to multiple exploration permits over a 30km mineralised strike length, referred to as ‘The Piedmont Project’.
Figure 4. Piedmont project locations.
Work on further opportunities and external project evaluation continues utilising existing experienced staff and key consultants. Alligator believes it is the right time in the uranium market to be evaluating further uranium resource project opportunities in particular.
Alligator Energy still has one of the few Board, Management and advisory teams that have discovered uranium projects, taken uranium projects through resource definition and into development, and managed and operated uranium mines.