If you’ve not seen today’s press release , we’ve just announced assay results received from our 16 hole winter 2012 exploratory drill program at PLS. If you’re familiar with PLS, you’ll know that we previously discovered a high-grade boulder field on the property. The results of the recent drill program confirm the discovery of several holes with broad anomalous geochemistry signatures.
In particular, the last four drill holes, PLS12-013 to PLS12-016, all drilled along the PL-3B EM Conductor over 823m of strike, intersected continuous wide intervals of anomalous uranium low grade basement mineralization as well as associated boron, indicative of the presence of a strong uranium-rich alteration system.
Overall, results from this initial program have provided further evidence that the source of the high grade uranium boulder field may be nearby.
I recommend you check out the release for both the summary details and the full data and as always, please get in touch with any questions.
Dev Randhawa
