Latitude Uranium Inc. announced the completion of an airborne radiometric survey at its Angilak property in Nunavut, Canada. The goal of the survey was to identify new targets inside and outside the Lac 50 Trend and to assess the correlation with the existing soil sampling to reduce the amount of manual soil sampling, thus reducing cost and improving efficiency. LUR has commenced its 2023 drill program with results expected at the end of July.

Radiometric Survey Results: New potential drill targets identified inside and outside the Lac 50 trend. Results indicate good correlation with previous soil surveys and has highlighted new, previously unknown soil anomalies. The radiometric survey shows good correlation with previous soil surveys and has highlighted new, previously unknown soil anomalies.

Many of the new targets are coincident with strong Very Low-Frequency Electromagnetic Method (“VLF-EM”) conductors which has been a proven historical exploration technique at Angilak. Previously, soil sampling was done manually on the ground over prospective areas identified by VLF-EM to confirm drill targets. The radiometric survey was done by air at low levels (10-20 metres) and has significantly reduced the amount of soil sampling required going forward to confirm drill targets.

The radiometric survey consisted of 10,856 line-kilometers and covered over 53,000 hectares which represents the full area previously covered by the VLF-EM. The survey type is a Low Level, Tight Drape, High Resolution Radiometric and Aeromagnetic Survey conducted by Inertial, a division of Special Projects Incorporated. Lines were flown east-west and spaced 50 metres apart with a north-south tie line spacing of 1,000 metres and a ground clearance of 10-20 metres.

Magnetic, LiDAR elevation, and spectrometer data was also collected during the airborne survey.