If you haven’t seen our latest press release, our core drilling program has hit a 6.0m wide interval of high grade mineralization with massive visible pitchblende in veins (up to 21cm wide), blebs and flecks. This is a very significant find to say the least and comes on the back of a large expansion to the high grade boulder field we discovered at PLS and promising drill results during the past twelve months. To say the team is excited
This high grade mineralization occurs at shallow depth in basement rocks in drill hole PLS12-022 which is still in progress. The strongly radioactive interval occurs within a broader 21.0m interval of moderate radioactivity witch breaches the unconformity and extends downward into the Archean basement.
I strongly encourage you to check out the release and in the meantime, here’s what our chief geologist and company president had to say “We believe that PLS is entering a very exciting stage in an underexplored region on the margin of the Athabasca Basin. The latest results to date provide confirmation of the project's potential to host a significant high-grade uranium deposit. We are particularly excited by the size and scope of this discovery."
As ever, please get in contact with us with any questions. You can also follow us on Twitter for live updates of activity. If you haven’t used Twitter before it’s easy to sign up and will give you instant access to all updates as we make them.
Dev Randhawa