Major hydrothermal uranium mineralization system present
Canadian uranium company Aero Energy Ltd ( TSXV: AERO; OTCQB: AAUGF; FSE: UU3 ) has completed its first drilling program at its Murmac project in northern Saskatchewan near Uranium City – and as it seems, successfully.
The program, funded by Aero and executed by partner Fortune Bay, was designed to test regional targets throughout the project area for high-grade, unconformity-hosted bedrock deposits typical of the Athabasca Basin. High radioactivity detected
In the drilling program that has now been completed, Aero measured radioactivity averaging 1,309 cps (cps) over an interval of 8.7 meters in drill hole M24-017 using a portable spectrometer. The intersection, which contains visible uranium mineralization, showed a high of 33,600 cps!Subsequently, Areo and Fortune Bay drilled three more holes, each 50 meters apart down dip, along strike to the northeast and along strike to the southwest. These holes (18, 19, 20) […]
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