Oak River Tenement EPM 17945

The license area covers four historical uranium occurrences identified during the 1970’s by broad spaced radiometric surveying that were later followed up with field. Soil samples and rockchip assays along the entire structural zone were highly anomalous with rockchip results up to 4.36% U3O8. Subsequent drilling focussed on the southernmost area of anomalism where a total of 23 holes were drilled with several interesting results including 0.23m at 0.283% U3O8.

Some 2.5kms north from the focus of previous work 6 rock chip samples were taken and returned between 0.03% and 0.5% U3O8, however two shallow drillholes failed to adequately test this area and there remains 2.5km of potential strike between the two zones that has not been tested. This 2.5km zone between these 2 areas is poorly outcropping but has returned highly anomalous soil geochemistry. Additionally there is some 6 kilometres of this fault zone further north which remains untested.

Exploration Strategy:
  • Detailed ground radiometrics over the structural corridor would provide a much more detailed picture of the surficial distribution of uranium.
  • The prospective reduced sediments and volcanic units which form the “trap rocks” for the mineralising fluids should be mapped in detail and where their position at depth cannot be deduced from surface mapping, geophysics (Electromagnetics) will be employed to map their subsurface depth and extent.
  • Use partial extraction soil sampling along the structural corridors.
  • Generate and test drill targets for both structural fracture and stratiform mineralisation near the base of the volcanics and within the reduced sedimentary package.