Valor vectors in on four targets in Canadian uranium hunt

The Athabasca Basin region has produced more than 20 per cent of the world’s primary uranium supply. Credit: File Perth-based explorer of critical minerals Valor Resources has narrowed its priority drill targets at the company’s Cluff Lake uranium project in Canada’s world-class Athabasca Basin down from seven to four, following a comprehensive review of all available data.

The data includes an interpretation of new airborne gravity gradiometry and magnetic data, re-processing of historical airborne electromagnetic, or “EM” data and initial field work.

The field work includes some sampling of historical trenches and outcrop, with 20 samples collected in total. Valor says most notable were those collected from Cluff Lake’s Moose Lake prospect, which returned an anomalous rare earths grading up to 9.15 per cent total rare earth oxides. Two Moose Lake targets are now prioritised for drill testing. The recent site visit has highlighted at least two of these targets as […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet