Trenching at these prospects returned 1.9% U3O8 and 0.46% Cu over 1.2 meters and, 0.28% U3O8 over 0.6 meters and 0.85% Cu respectively. In addition, a grab sample assayed 0.38% U3O8 and 0.16% Cu. This intense airborne anomaly does not appear to be coincident with these known high grade occurrences and may represent a more intense part of a larger overall zone of uranium mineralization that spans several hundred meters. The northern anomaly appears to be associated with north-south and east-west trending structures and is accompanied by multiple less intense uranium anomalies.
“This intense airborne anomaly is situated near known uranium mineralization reported as high as 1.9% U3O8 and appears to have potential for lateral extent. This represents a significant new target for the Company and demands immediate follow-up,” says Mark Kolebaba, President of Uranium North.
A second anomaly with similar intensity located six kilometers to the south also falls along north-south and east-west trending structures and is accompanied by multiple weaker anomalies. A historical grab sample collected near the airborne anomaly yielded 0.16% U3O8.
The airborne survey was successful in identifying several areas with high uranium potential. The two significant anomalies will be the target of a prospecting program. Additional anomalies on the property may be prospected depending on the availability of time.
