") is pleased to announce results from the first of its 2021 drill programs on the R780E zone of the high-grade Triple R deposit at its' PLS project, in the Mineralization is both located within and associated with a metasedimentary lithologic corridor, bounded to the south by the PL-3B basement Electro-Magnetic (EM) Conductor.All Holes Intersect Multiple Stacked Intervals Mineralization remains open along strike both to the western and eastern extents. The entire Triple R deposit is covered by approximately 50 m of overburden. The R780E zones are located beneath Patterson Lake which is approximately six metres deep in the area of the deposit.
The R00E and R780E zones have an overall strike length of approximately 1.2km with the R00E measuring approximately 125m in strike length and the R780E zones measuring approximately 900m in strike length.Ī 225m gap separates the R00E zone to the west and the R780E zones to the east, though sporadic narrow, weakly mineralized intervals from drill holes within this gap suggest the potential for further significant mineralization in this area. The Triple R deposit consists of the R00E zone on the western side and the much larger R780E zone further on strike to the east. Through successful exploration programs completed to date, it has evolved into a large, shallow, basement hosted, structurally controlled high-grade uranium deposit. The discovery hole of what is now the Triple R uranium deposit was announced on Novemwith drill hole PLS12-022, from what is now considered part of the R00E zone. From west to east, these zones are R600W, R00E, R780E and R1620E.
Uranium mineralization at PLS has been traced by core drilling over 2.24km of east-west strike length in four separate mineralized "zones". Where possible, samples will be standardized at 0.5m down-hole intervals. Samples from the drill core will be split in half sections on site. Individual zone wireframe models constructed from assay data indicate that both the R780E and R00E zones have a complex geometry controlled by and parallel to steeply south-dipping lithological boundaries as well as a preferential sub-horizontal orientation.Īll depths reported of core interval measurements including radioactivity and mineralization intervals widths are not always representative of true thickness and thus true thicknesses are yet to be determined. The degree of radioactivity within the mineralized intervals is highly variable and associated with visible pitchblende mineralization.
The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. Natural gamma radiation in drill core that is reported was measured in counts per second (cps) using a hand held RS-121 Scintillometer manufactured by Radiation Solutions, which is capable of discriminating readings to 65,535 cps. All nine holes returned wide mineralization and of particular importance, on various sections the footprint of the Triple R's R780E zone has been expanded up to 40m laterally north, 30m along strike to the east and 50m up-dip vertically - representing highly significant growth.ĭrilling Highlights Include: Step-out drilling results in expansion of R780E Main Zone footprint vertically, laterally to the north and along strike to the east: 40m to the North (line 615E) - 30m to the East (line 1185) - 50m vertical gap filled (between top of basement and 100m depth on line 465E) - 10m to the North and 35m vertically (line 1050E) - 10m to the North (line 480E) - 10m to the North (line 525E) - 10m to the North (line 1020E) Hole PLS15-312 (line 1020E) - 73.5m total composite mineralization over a 220.5m section (between 149.0 - 369.5m) including: 2.4m total composite mineralization of (greater than 10,000 cps) radioactivity Hole PLS15-324 (line 1050E) - 46.5m total composite mineralization over a 204.0m section (between 155.0m - 359.0m) including: 1.6m total composite mineralization of (greater than 10,000 cps) radioactivity Hole PLS15-311 (line 480E) - 49.9m total composite mineralization over a 73.4m section (between 61.1m - 134.5m) including: 1.06m total composite mineralization of (greater than 10,000 cps) radioactivity.
announced results from nine step-out angled drill holes at its PLS property, host to the recently announced high-grade, near-surface Triple R deposit in Canada's Athabasca Basin region.
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