There are a series of different uranium deposits that now form the Honeymoon Uranium Project. These incorporate the Honeymoon, East Kalkaroo, Yarramba and Gould's Dam deposits, all of varying sizes. The original Honeymoon Proposal only included the Honeymoon deposit, however, the new project arrangement financed by Canadian company Southern Cross Resources has consolidated all the deposits into one project.
Deposit t U3O8 %U3O8 Thickness
(m)Grade
Thickness
(m.%)Honeymoon 3,300 0.12% 7 m 0.84 m.% East Kalkaroo 910 0.074% 5.14 m 0.38 m.% Yarramba1 300 0.14% ?? m ?? m.% Gould's Dam 17,640 0.098% 2.98 m 0.12 m.% Note : All estimates based on a cutoff grade of 0.4 m at 0.04%, giving 0.016%m with a maximum internal dilution of 1.2 m). Gould's Dam was originally estimated at 2,300 tonnes U3O8, however, a recalculation of the ore deposit commissioned by Southern Cross dramatically expanded the size and extent of the deposit to 17,600 tonnes, announced on April 29, 1998. This was achieved by allowing a lower cut-off grade and ore thickness criteria, thereby including significant quantities of lower grade ore. A similar exercise was also undertaken at Beverley to increase the total size of those deposits, and is currently being undertaken on the remaining Honeymoon deposits. Over the last 2 years the estimates for East Kalkaroo have gone from 900 to 4,000 and now to 910 t U3O8.
Compiled from Mudd, 1998 and recent Southern Cross information.
1 - Based on the total of the Honeymoon, East Kalkaroo and Yarramba deposits being 4,600 tonnes U3O8, using the earlier (1997) estimate of uranium resources at Honeymoon (no revised estimate available as of May 2001).
Page last updated May 5, 2001.
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