MANYINGEE (EME 100%)

The Manyingee exploration licence (E08/1480) is located 85 km south of the port of Onslow. The tenement (total area 86 km²) surrounds the mining leases containing Paladin Energy’s Manyingee Uranium Deposit, a stacked series of palaeochannel-hosted roll-front uranium deposits buried under approximately 40m of cover. Airborne EM data and reconnaissance drilling by EME in 2012 indicates the main Manyingee palaeochannel extends onto E08/1480 up-channel of Paladin’s deposit. The target area on 100% EME ground is referred to as the Manyingee East Prospect.

A small rotary mud drill program (18 holes for 1,790m) was undertaken in October 2014 to test the uranium potential of the Manyingee East Prospect. Fifteen of the holes returned significantly mineralised intercepts (grade x thickness values >100ppm-metre), including 1.3m @ 996 ppm eU3O8 from 63.48m in hole MRM009; and 1.4m @ 1,117 ppm eU3O8 from 76.62m in hole MRM017 (refer to ASX release of 27th October 2014 for further details).

manyingee

Plan showing drilling results to date at EME’s Manyingee East Prospect up-channel of Paladin Energy’s (PDN) Manyingee Deposit.

Energy Metals believes the encouraging results obtained to date offer considerable scope for expansion of known mineralisation in the upper Manyingee palaeochannel. Further infill and exploration drilling is planned in coming seasons with the aim of delineating mineral resources.