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 […]

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