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Project Highlights
- intense uranium anomalies associated with the many crosscutting structures
- detailed summer program planned, including 2,000 m of drilling
- Michelin-style mineralization
Location and History
The southern portion of the Property encompasses more than 585 square km and is characterized by highly mineralized felsic volcanic rocks. The geological setting and mineralization style are similar to what is found at the Michelin deposit. Geophysical surveys and intensive ground exploration programs have identified numerous targets.
Geology
The geology at the southern portion of the property consists mostly of continental sediments and volcanics of the Bruce River Group. The Bruce River Group is comprised of basal, polymictic conglomerates and sandstones of the Heggart Lake and Brown Lake Formations overlain by felsic volcanic tuffaceous sandstones of the Sylvia Lake Formation. The Sylvia Lake Formation is the thickest and most aerially extensive unit of the Bruce River Group. The geological setting and mineralization style are similar to that of the Michelin deposit located 65 kilometres to the northeast.
Previous Exploration Work
The extent of uranium mineralization within the southern portion of the Property was confirmed in late 2005 following a 7,062 line kilometer airborne radiometric and magnetic survey. The survey revealed the most intense uranium anomalies both in size and magnitude identified on the property to date.
Detailed ground exploration programs on the southern portion of the Property were carried out in both 2006 and 2007 and included prospecting, geological mapping, sampling, alpha-track, till, and lake sediment geochemical surveys.
Although drilling at the CMB has largely been concentrated on targets under the direction of the Northstar Division, very limited drilling programs have been completed in the southern portion of the Property. A total of 1741 m was drilled on the southern portion of the Property in 2006 and 2007 and included drilling at both Madsen Lake and Croteau Lake.
Current Exploration Work
The Lonestar Division will spearhead a detailed exploration program, which will include 2,000 m of drilling. Ground work from 2007 identified several areas with highly anomalous concentrations of uranium and associated elements. These high priority targets will be further tested with detailed mapping as well as several geochemical programs. The two most advanced targets within Lonestar, Madsen Lake and Croteau Lake, will be drill tested this summer.
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