Terra Uranium nears maiden diamond drilling in Athabasca Basin

Northern lights over Pasfield Lake in the Athabasca Basin. Terra Uranium Ltd (ASX:T92) will have diamond drills turning in a few weeks at the Pasfield Lake project in the prolific Athabasca Basin of Saskatchewan, Canada after strong helium and geophysics analyses returned indications of uranium mineralisation.

Samples taken from the reverse circulation (RC) drill hole PS-23-RC04 showed that helium concentration was 234 times greater than background, indicating there is local high-grade uranium at depth.

Discovery International Geophysics delivered the data from a ground geophysical survey over key uranium drill targets at the 100%-owned Pasfield and Parker projects, where both areas are believed to have high uranium discovery potential.

The results have been integrated into advance earth models, with drill targets now finalised for the program. All systems go ITL Diamond Drilling, a specialist in deeper drilling, has been contracted for the spring campaign targeting average depths of 1,200 metres.T92 executive chairman Andrew […]

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