Uranium group Alligator Energy are planning to undertake exploratory drilling at the Samphire Uranium Deposit located inland from Cowled's Landing this year, with the potential to generate local jobs.
The project was acquired in October last year, with discussions beginning with the landowners as well as the Whyalla City Council and Mayor, State and Federal Members and local businesses.
Alligator Energy CEO Greg Hall said a series of desktop studies had been undertaken on the deposit, along with rehabilitation of the previous drilling sites.
"We're making plans for some further geophysics, which looks at rocks and strata underneath the ground so we can help determine potential extensions to the existing ore body there," he said.
"There's a mineralised area with 47 million pounds of uranium which is a reasonable-sized resource."
Mr Hall said the company planned to drill to look for higher grade zones within the existing ore body, as well as taking cores of the uranium which would then be tested to determine its potential.
"Because the ground water is hyper-saline...we have to do that thorough testing to determine the economics of extracting the uranium," he said.
"All of this is what we want to achieve this year."
Drilling contractors will be engaged for the work at the site, and local labour will also be recruited for the sampling and drilling work.
"We have already sounded out the availability of groups that can provide labour like that in Whyalla," Mr Hall said.
Mr Hall said he had met with a number of Whyalla-based companies during the Global Maintenance Upper Spencer Gulf (GMUSG) Conference in November last year.
Once the project is up and running, around 40 to 50 workers would be required on site. Approvals are being sought by Alligator Energy this year from the Department of Energy and Mining for the planned exploration work.
"We have had a good relationship with the relevant landowner and we have an agreement in place with him," Mr Hall said.