The review suggests that the assay results from the drill program released to date may have significantly under reported actual U3O8 grades, the company said. This preliminary analysis is based upon the assay results from pits dug over 25 drill holes that on average reported 50% higher U3O8 grades compared with the grades from the correspondingly-located drill hole over the same 3mt interval.
These preliminary results have helped establish a new exploration protocol at Anit whereby all drill-defined mineralization within 6mt of surface will be verified with corresponding excavator sampling pits and trenches.
The company has also reported the assay results from Trench 4 that cut a 91mt interval of higher grade mineralization, between 89mt and 180mt within a 180mt trench. The mineralization occurs over at least 2mt vertical thickness beginning at 0.3mt below surface and averaging 0.066% U3O8 and 0.071% V2O5.
The interval included a high-grade zone of 33mt grading 0.154% U3O8 and 0.105% V2O5. The mineralization in the trench remains open to depth and along strike (see attached map).
Trench 4 was sampled over a 2mt vertical interval, with one sample for each 1sqmt area, starting at 0.3mt to 0.5mt below surface. Each square meter was sampled with 2 continuous channel samples, one vertical and one horizontal, that were combined to make one sample.
The mineralized sections represent 2mt thicknesses and are the average of all samples on the face of the trench. Between 0 and 89mt, sporadic lower grade mineralization was detected with 18 samples out of 112 above cut off grade of 1mt at 0.006% U3O8 (50 ppm U).
