Alligator Energy: Receives $152K exploration grant

Alligator Energy: Receives $152K exploration grant

• Alligator Energy (AGE) has received a $152,400 exploration grant from the South Australian Government for its Big Lake Uranium Project
• This grant aims to speed-up mineral discoveries though exploration and research projects in regional areas throughout the state
• The money will also used to reprocess geophysics at the project with aims to define target areas for future drilling programs
• Geophysical surveys and drilling will then carried out
• The grant combined with easing of access restrictions the catalyst required to kick start exploration at the Big Lake Project
• Alligator is steady on the market today and shares are currently trading for 0.5 cents each