|
Subscribe to our Mailing List: |
|
|
Subscribe to our Mailing List: |
Altius staked the Notakwanon uranium project in 2006 and has identified in
excess of twenty (20) new uranium prospects on the property . The mineralization
includes high grade uraninite representing a unique style of mineralization in
Labrador.
Three of the discovered uranium prospects have generated assays of greater than 1% U3O8
while grab samples from one of the new high-grade prospects has yielded a
highest assay of 3.49% U3O8 and a channel sample returned 0.48% U3O8 over 2.5 metres.
The property is underlain by Paleoproterozoic gneiss and Mesoproterozoic
intrusive rocks and the new prospects appear to be shear zone-hosted while
resembling basement-hosted uranium mineralization as in the Athabasca Basin in
Saskatchewan, Canada.
Altius is seeking an experienced uranium company to partner with and advance
this project with a comprehensive exploration program.
