The Company has engaged
'Pegasus is thrilled to embark on the next phase of exploration at our past-producing uranium project in
Field Timeline: Pegasus and the Dahrouge team have completed a desktop review, and the ground crew has deployed to the site, operating from
Geological Mapping & Sampling: Detailed mapping and lithologic confirmation of favourable units for sediment-hosted uranium.
Collection samples for geochemical analysis. o Samples described, photographed, sealed, and sent to lab for analysis.
Evaluation of access and identification of idealized areas for planned drilling in Q2/Q3 of 2024.
Provision of daily progress updates Reporting: Generation of a comprehensive field report covering access details, local geology, samples collected, analytical results, drilling targets & access, and recommendations.
Mapping the contacts and sampling within the Salt Wash Member (Jms).
Taking structural measurements.
Sampling in-situ mineralization and old workings.
Identification of potential mineralization within the
Mapping Brushy Basin Member (Jmb) and other units to the east.
Defining contacts and taking structural measurements.
Identifying potential drill locations.
Imaging potential pad locations.
This program marks a significant step in advancing our exploration efforts, aiming to unlock the full potential of our mineral assets.
NI 43-101 Disclosure
The technical content of this news release has been reviewed and approved by
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Email: info@pegasusresourcesinc.com
Forward Looking Statements
Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, 'forward-looking statements.' Forward-looking statements may be identified by words including 'anticipates,' 'believes,' 'intends,' 'estimates,' 'expects' and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
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