The uranium producer has discovered large new mineralised areas to the south and east of the project, which includes a mineralised area that is up to 600-700m wide and 2km long.
The mineralization remains open to the south has been defined at the southern part of the Theseus prospect.
A new mineralised area was intercepted in drill holes LM0105 (0.57m at 1187ppm pU3O8 from 109.75m) and LM0106 (3.97m at 212ppm pU3O8 from 118.86 m) is outside the previously defined mineralised halo.
The outcome is a new uranium mineralized zone around 2km wide has been defined along a WNW-ESE oriented drill traverse that includes drill holes LM0104, LM0105, and LM0106.
An intersection of 0.50% GT in drill hole LM0104 from the southern mineralized area, is the second largest grade thickness intercept from Theseus till date, (at the >200ppm pU3O8 cut off).
