Scimitar Resources

Scimitar Resources Limited has applied for three exploration licences to explore for sandstone hosted uranium mineralisation. These exploration licences are adjacent to the Paladin Resources Ltd (ASX Code: PDN) Manyingee deposit in the North West of Western Australia, 85 km inland from the coastal township of Onslow.

Scimitar has applied for exploration licences covering a total of 1,000 sq km. The target will be similar mineralisation to that at Manyingee within the Birdrong sandstone. Exploration by CRA Exploration Pty Ltd in the 1970's and early 1980's identified a 40 km redox front. This work also identified additional channel sequences prospective for uranium mineralisation utilising ground gravity surveys and open hole drilling.

The tenement applications cover the Bennett Channel prospect identified by CRAE, which is located 20 km southwest of the Manyingee deposit. The channel area was drilled using open hole and also diamond drilling with several significant high grade drill intersections including 0.35m at 0.41% (4.11 kg/t U3O8), 3.25m at 0.28% U3O8 and 1.45m at 0.14% U3O8.

Yanrey Uranium Project E08/1493 applied for 02/12/04, E08/1490 applied for 29/11/04, E08/1489 applied for 24/11/04 and E08/1501 applied for 28/01/05

Rudall River E45/2689 applied for 26/11/04

Other Tenements held are E77/1269 applied for 02/03/05 , P24/3920 applied for 11/12/03 , P24/3921 applied for 11/12/03 and P24/3951 applied for 12/11/04

Company Information

L 2, 679 Murray Street West Perth WA 6005

http://www.scimitarresources.com.au/

Directors

Mr Terence Topping (Managing Director)
Mr Kent Hunter (Non Exec. Director)
Mr Matthew Gauci (Non Exec. Director)
Mr Andrew McBain (Non Exec. Director)