Investing

“200 Metres of Uranium Discovered at Thelon Basin! Forum Extends Mineralization at Tatiggaq!

Exploration results from the latest Bigfoot Drilling Program at the Tatiggaq Project in Canada’s Thelon Basin, Yukon-Northwest Territories region have demonstrated that the uranium mineralization extends for a considerable distance from the previously identified zones. The exploration results are indicative that mineralization extends for over 200 metres beyond the areas that have been identified as mineralized and that the mineralized zones have dimensions of up to 250 metres in width.

The mineralization was detected by drilling various sampling sites located along an area that extended for over 1,000 metres. As expected the mineralization occurred to greater depths of over 300 metres below the surface. The sample locations that were drilled to a depth of between 80 and 350 metres demonstrated high voisuams of uranium as well as several other mineral species.

The mineralization extended through several geological horizons and demonstrated a strong correlation between the uranium values and other associated minerals. All the samples taken from the mineralized areas demonstrated considerably higher uranium concentrations then the samples taken from areas outside these mineralized boundaries.

The Bigfoot Drilling Program has been carried out in conjunction with two other programs sanctioned by the Yukon and Northwest Territories government – Geological Survey of Canada and the Canada Mining and Energy corporation. The results of the program are aiding the exploration and development efforts of the Thelon Basin Project.

The results from the Bigfoot Drilling Program demonstrated that a significant quantity of high grade uranium is present at the Tatiggaq Project in the Thelon Basin and that these mineralized zones are more extensive than was previously thought. The discovery of these mineralized zones is expected to further boost the development efforts of the Thelon Basin Project in the Yukon and Northwest Territories region.

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