Isa Uranium Joint Venture
The Isa Uranium Joint Venture (IUJV) covers ground containing the Valhalla, Odin and Skal uranium deposits 40km north of Mount Isa.
Participants in the joint operation are Summit Resources (Aust) Pty Ltd (SRA) and Valhalla Uranium Pty Ltd (VUL), each holding a 50% interest, with SRA as manager. VUL is a wholly-owned subsidiary of Paladin. Paladin’s effective participating interest in the IUJV is 91.04% through its ownership of 82.08% of the issued capital of Summit.
Ground subject to the IUJV covers 17.24km2 at Valhalla and 10km2 at Skal. These two areas lie within a larger holding of mostly contiguous tenements of 547km2 held 100% and managed by SRA and Paladin as outlined in the map below.
View the Mount Isa Projects brochure