Crystal Creek Exploration Update

27/Oct/2009

Drilling program will commence mid-November
Drilling will test additional targets identified from geochemical and geophysical surveys  

The directors of Uranium Exploration Australia Limited (‘UXA’) are pleased to provide an update on exploration at its 100% owned Crystal Creek Project in the Northern Territory.
Crystal Creek is located on Exploration Licence (EL) 24566, Ngalia Thrust, approximately 320km northwest of Alice Springs, and near to Energy Metals’ Bigrlyi uranium deposit.
In July, the Company announced the discovery of a zone of uranium mineralisation which crops out intermittently over a strike distance in excess of 3,000m. Early field sampling with a portable XRF machine indicated excellent U3O8 concentrations of up to 4,120 ppm (ASX announcement 16th July 2009) and this range of values was confirmed by laboratory XRF analyses on rock chip samples (ASX announcement 27th August 2009).
 
Planned Drilling Program
A heritage clearance survey has been completed at Crystal Creek and UXA expects to receive documentation of the clearance from the Central Lands Council shortly.
 
An RC percussion drill agreement has been signed with Arrinooka Drilling, who has considerable experience drilling in the area. The drilling program is expected to commence in the second week of November.  Shareholders will be advised when the rig has started drilling. The drilling program will test the most anomalous portions of the 3,000m long outcrop of the uranium mineralisation, and additional targets identified by the airborne geophysical survey and soil geochemical surveys recently completed................


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