EXPLORATION ( Click to Zoom Maps and Images )
 Drilling
carried out by Jourdan in the Wakeham sedimentary basin has demonstrated the
existence of two uraniferous bodies of sedimentary origin. To our knowledge, it
is the first time that this kind of uranium mineralization is discovered in the
Wakeham basin and we believe that other similar uranium bodies will be
discovered in the years to come, most likely in the large fault zones across the
Wakeham basin.
These two uranium bodies
have been discovered because they are outcropping at the surface. An airborne
radiometric survey was then able to locate them. We believe that there are
strong probabilities that other bodies of similar mineralization do occur,
particularly along the large fault zones across the Wakeham basin. However,
these mineralized bodies will be more difficult to discover as the will be
located at greater depths.
DRILLING RESULTS
During
2007 and 2008, JOURDAN carried out 28 core drill holes totalling 2013 meters.
This drilling campaign demonstrated the existence of two uraniferous beds of sedimentary
origin containing an average of .54 lbs of U3O8 per ton.
Studies of thin sections conducted at McGill University have shown that the main
uranium mineral is richetite whose composition is PbU4O13.4H2O. More studies of
thin sections conducted at IOS Services Géoscientifiques have identified the
host rock as a paragneiss resulting from the metamorphism of argillaceous
schists.
The two mineralized beds are parallel, in an approximate North-South direction,
with a 65 degrees East bedding. The mineralized beds were intersected by drill
holes S-8 to S-12 to a vertical depth of 75 meters. Their strike length is 50
meters and their true width is of 3.0 meters. Together they represent 60,000
tons of a material containing an average grade of 0.54 lbs U3O8 per ton.
The drilling results are shown in the following table:
| Drill Hole No. |
From (m) |
To (m) |
Length (m) |
Lbs U3O8 / ton |
| S-8 |
7.40 |
8.57 |
1.17 |
1.23 |
| S-9 |
8.79 |
13.93 |
5.14 |
0.66 |
| S-10 |
39.50 |
42.07 |
2.57 |
0.58 |
| S-10 |
49.12 |
51.08 |
1.96 |
0.44 |
| S-11 |
46.54 |
47.19 |
0.65 |
0.45 |
| S-11 |
58.13 |
58.67 |
0.54 |
0.36 |
| S-12 |
81.03 |
90.65 |
9.62 |
0.43 |
RECOMMENDATIONS
Detailed
radiometric and geochemical surveys should be carried out, across the large
faults zones, to locate, at surface, zones that have been contaminated by
uranium bodies located at greater depths. |