Assays are in for hole PLS13-051, within zone R390E and they are superb: 10.5m of 29.26% U3O8 within 53m of 6.57% (check out the press release here). One of three discovery zones, R390E has been delivering incredible results with previous assays including 4.92% over 34m. In the world of uranium, those grades and those meters are phenomenal.
As our President, COO and head geologist, Ross McElroy commented, “The winter drilling program at PLS continues to deliver world-class results in both quality and quantity.” He’s not wrong. It’s clear that we are making superb progress when you consider that 1% uranium equals 22lbs per ton and 5% equals 110lbs per ton – high grades have the ability to grow lbs in the ground very quickly. What’s more, these results are at shallow depth.
Here are the official assay highlights. You’ll find more technical information in the press release.
• 53.0m @ 6.57% U3O8;
• Including 10.5m @ 29.26% U3O8
• Highest assay in the interval: 44.6% U3O8 over 0.5m
As ever, please get in touch with any questions and be sure to connect with us on Twitter and LinkedIn for company updates.
Dev Randhawa
