Alligator Energy Makes Uranium Discovery in South Australia
Significant Find in Maiden Drilling Program
Alligator Energy ASX:AGE has made a significant new uranium discovery in the very first drilling at its Big Lake Project in South Australia.
CEO Hails "Historic Discovery"
Alligator's CEO Greg Hall stated: "This is the first significant greenfields discovery of uranium in South Australia since the 1970s. It is a historic day for Alligator and for the state of South Australia."
The discovery comes at a time of growing global interest in nuclear power and resulting strong uranium prices. Alligator's discovery is expected to further enhance its position as a leading uranium exploration and development company.
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