High-Grade Uranium Mineralization Continues to Expand and Remains Open to the South and Along Strike to the East for 200m
Highlights:
- Chemical assays from drill hole LE20-54 returned 9.0m of 12.8% U3O8 and 3.9% Ni from 329.5 to 338.5m, including 4.0m of 27.1% U3O8 and 5.2% Ni from 333.0-337.0m,
- South Extension drill hole LE20-62 intersected 4.5m of uranium mineralization (>500 CPS) from 321.0 to 325.5m, including 2.5m of very strong mineralization (>30,000 CPS),
- South Extension drill hole LE20-64 intersected 5.0m of uranium mineralization (>500 CPS) from 324.0 to 329.0m, including 4.0m of very strong mineralization (>30,000 CPS),
- Drill holes LE20-62 and LE20-64 are located on section with, and 11m and 28m (respectively) south of well mineralized drill hole LE20-57 (previously reported),
- LE20-62 and LE20-64 extend mineralization close to the "J" fault, which remains open along-strike to the east for 200m.
Note: | Radioactivity is total gamma from drill core measured with an RS-125 hand-held spectrometer (RS-125). |
LE20-62 Radioactivity (Drill 1)
Drill hole LE20-62 is located 11m south of previously reported drill hole LE20-57, which was well mineralized (Figures 2 and 3). LE20-62 cored strongly altered
LE20-64 Radioactivity (Drill 1)
Located 17m south of drill hole LE20-62 (Figures 2 and 3), drill hole LE20-64 cored strongly altered
LE20-54 Assays (Drill 1)
Drilled to expand the very strong mineralization intersected in drill hole LE20-32A (8.5m @ 19.6% U3O8) during the winter 2020 drill program, drill hole LE20-54 intersected the sub-
Other Drill Holes (Drill 2)
Five additional drill holes (LE20-58C1, 59, 60, 61 and 63A) have also been completed with Drill 2 on the eastern side of the Hurricane zone. While all but LE20-60 are weakly mineralized, there have been no intersections of strong uranium mineralization in the holes completed by Drill 2 to date.
Next Steps
Expansion of the Hurricane zone mineralization to the north and south on the western side will remain the primary focus of the program. Samples collected from the drilling completed to date are periodically shipped to the analytical laboratory in Saskatoon. Chemical assay results generally follow within three to four weeks of the shipping dates.
The Larocque East Property and the
The 100% owned Larocque East property consists of 31 mineral claims totaling 15,878ha that are not encumbered by any royalties or other interests. Larocque East is immediately adjacent to the north end of
Along with other target areas, the Property covers a 15-kilometre-long northeast extension of the
Table 1 – Summer 2020 Drilling Program Results
Hole-ID | From (m) | To (m) | Length (m) | Radioactivity1,2 | Chemical Assays | Orientation | Location | |
(CPS) | U3O8 (%) | Ni (%) | (Azm/Dip) | |||||
LE20-543 | 329.5 | 338.5 | 9.0 | >500 | 12.8 | 3.9 | 180/-79 | Sect 4510E |
incl. | 333.0 | 337.0 | 4.0 | >30,000 | 27.1 | 5.2 | ||
incl. | 334.0 | 334.5 | 0.5 | Off-scale5 | 52.5 | 1.6 | ||
LE20-553 | No significant mineralization | 180/-70 | Sect 4785E | |||||
LE20-563 | 351.0 | 358.5 | 7.5 | >500 | Pending | 180/-70 | Sect 4660E | |
LE20-573 | 335.8 | 336.8 | 1.0 | >500 | Pending | 217/-70 | Sect 4435E | |
and | 343.8 | 353.8 | 10.0 | >500 | ||||
incl. | 347.3 | 349.8 | 2.5 | >40,000 | ||||
incl. | 347.8 | 348.3 | 0.5 | Off-scale5 | ||||
LE20-58 | Abandoned before target | 180/-69 | Sect 4785E | |||||
LE20-58C15 | 144.0 | 146.5 | 2.5 | >500 | Pending | 180/-71 | Sect 4785E | |
LE20-59 | 342.0 | 347.0 | 5.0 | >500 | Pending | 112/-69 | Sect 4610E | |
Incl. | 345.0 | 345.5 | 0.5 | >5,000 | ||||
LE20-60 | No significant mineralization | 000/-90 | Sect 4660E | |||||
LE20-61 | 313.0 | 322.0 | 9.0 | >500 | Pending | 000/-90 | Sect 4660E | |
incl. | 321.5 | 322.0 | 0.5 | >10,000 | ||||
LE20-62 | 314.0 | 316.5 | 2.5 | >500 | Pending | 000/-90 | Sect 4435E | |
and | 321.0 | 325.5 | 4.5 | >500 | ||||
incl. | 323.0 | 325.5 | 2.5 | >30,000 | ||||
incl. | 324.5 | 325.0 | 0.5 | Off-scale5 | ||||
LE20-63A | 329.5 | 330.5 | 1.0 | >500 | Pending | 180/-85 | Sect 4660E | |
LE20-64 | 316.5 | 320.0 | 3.5 | >500 | Pending | 000/-90 | Sect 4435E | |
and | 324.0 | 329.0 | 5.0 | >500 | ||||
incl. | 324.5 | 328.5 | 4.0 | >30,000 | ||||
Notes: | 1. Radioactivity is total gamma from drill core measured with an RS-125 hand-held spectrometer |
2. Measurements of total gamma on drill core are an indication of uranium content, but may not correlate with chemical assays | |
3. Radioactivity previously disclosed | |
4. Off-scale radioactivity is defined as exceeding 65,536 cps, the maximum measurable by an RS-125 spectrometer | |
5. LE20-58C1 is a wedged off-cut from LE20-58 at 200m |
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