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Project Highlights
- C Zone contains NI 43-101 uranium resource open in all directions for expansion
- numerous targets along a 30 km trend
- 6,000 m summer/fall drill program on the Northstar area
Location and History
The Northstar Division manages the 135 square kilometres in the northern area of the CMB Property and is comprised of the most advanced targets on the Property, including the C Zone. More than 48,500 m in 278 holes has been drilled on the northern portion of the Property to date. Drilling has included targets at the C Zone, B Zone, Area 1, Armstrong, Dominion, Moran Heights, Area 2 and Area 51. In addition, detailed ground exploration programs have been completed which have included prospecting, geological mapping, scintillometer surveys, trenching, sampling and drilling in a number of areas identified following airborne geophysical surveys.
Geology
Geology in the northern area of the Property is dominated by the Kanairiktok Intrusive Suite granite, mafic volcanics of the Joe Pond Formation and sandstones and conglomerates of the Heggart Lake Formation. Mineralization styles include both unconformity controlled uranium mineralization and IOCG type mineralization.
Previous Exploration Work
Drilling in 2006 and 2007 expanded and upgraded the uranium resource at the C Zone, delineated mineralization at B Zone and Area 1 and tested new uranium targets. In addition, targets were advanced to the drill stage and new targets were developed with alpha cup surveys, ground gravity surveys, lake bottom sediment surveys and geophysical surveys. As a result of 2007 drilling, more than 400 m of strike length was added to the C Zone, which remains open to depth and along strike.
2008 Winter drilling focused on confirming mineralization at Armstrong, in the hopes of linking C Zone, Area 1, and Armstrong into a 4.5 km long mineralized corridor.
Current Exploration Work
6000 m of drilling have been planned for the Northstar Division. The program will be directed at building upon the mineralized zones at Area 1 and Armstrong, as well as increasing the currently defined NI 43-101 uranium resource at the C Zone. The program has been designed to confirm the continuity of mineralization between all three zones. Prior to diamond drilling, extensive geological mapping and trenching programs will be completed along the C Zone -- Armstrong Corridor. These programs will be conducted in conjunction with, and incorporated within, a regional geological mapping/prospecting program. Several new targets will also be drill tested.
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