|
|
Highlights
- Over 300 uranium bearing, sedimentary rock boulders averaging 1.0 to 2.5% U3O8 and grading up to 4.5 % U3O8
- Airborne radiometric survey identified intense uranium anomaly
- Drilling successful in defining zone of significant stratabound U3O8
- Target lies on top of mapped unconformity
Previous Exploration Work
Moran Heights hosts an unconformity style uranium occurrence and lies northeast of the C Zone. Limited drilling in the vicinity of the mineralized float by CANICO in the late 1970's intersected widespread and locally significant copper and silver mineralization including 0.24% copper over 32 metres, and 2.24% copper and 1.5 oz/t silver over 0.60 metres, suggesting the possibility of IOCG type mineralization in addition to the potential for significant uranium mineralization.
A radiometric survey in 2005 helped to locate the then unknown bedrock source of numerous mineralized float from the Moran Heights boulder field of over 300 uranium-bearing boulders.
Twenty-five holes drilled during the 2006 exploration season at Moran Heights were successful in defining the zone of uranium mineralization hosted by the unconformity.
Drilling to date suggests a strike length of at least 120 metres.
| |
