The Gulliver Southern Ventures NL (AUS) Dossier

570 Southern Ventures NL (AUS)

In 1984 the CEGB started funding the major part of a JV in uranium exploration on the Lyndhurst uranium prospect in Queensland, in which Southern Ventures held 30% along with Cultus Pacific (1).

An un-named European company was expected in 1983 to provide A$100M for further exploration and water sampling work.

Southern Ventures also had several other JVs with Cultus Pacific:

Robinson Range, Western Australia (WA), where low-grade uranium mineralisation had been located in the Mica Bore area;

Thatcher Soak, 160km north-east of Laverton, WA, where 6,000 tonnes of U3O8 grading 0.4kg per tonne, have been located;

the Tanami Desert, Northern Territory, which it held 25% with Cultus (25%) and Otter (50%);

Lake Maitland (Cultus Pacific NL) prospect, about 100km south-east of Wiluna, WA;

Lake Mason, about 75km south-west of WMC's Yeelirrie deposit in WA, and

Lake Raeside, 60km west of Leonora, WA.

The last three were 30% owned by Southern Ventures and 70% by Cultus Pacific (2).

Now 75% owned by Dominion Mining Ltd, the company operates the Gabanintha gold mine in Western Australia, near Meekatharra, and it is also exploring in Western Kalimantan (3).

---

SOURCE: "The Gulliver File - Mines, people and land: a global battleground" by Roger Moody.

Published in 1992 by Minewatch, 218 Liverpool Road, London Nl ILE, UK, and WISE-Glen Aplin, Po Box 87, Glen Aplin Q 4381, Australia.

Distribution: Sales to bookshops: Pluto Press, 345 Archway Road, London N 6 5AA, UK. Sales to the mining industry and libraries: Uitgeverij Jan van Arkel, A. Numankade 17, 357t KP Utrecht, the Netherlands.

***Note to electronic texts: selections from Minewatch are available to researchers on corporate and mining affairs. However, the detailed REFERENCES and CHARTS in the print version are not available in electronic form. You are encouraged to order the complete book from the sources above.***

All rights reserved. © Minewatch, 1992.

---

Page last updated December 26, 1997.

---