Geophysics, Radon Gas & High Grade Uranium on Surface
Some excerpts (see below) from the DD Reports I posted yesterday.
In Summary:
- Resistivity Low and Gravity Low anomalies coincident (shown to be effective at locating uranium deposits in the Athabasca Bain) The hydrothermal alteration that is commonly associated with uranium deposits has a fairly specific geological signature... it often makes rocks both less dense and less resistive
- Highly anomalous Radon Gas test results (both on land & water). Only way to produce Radon is via the natural decay of uranium
- There is high grade uranium vein mineralization in outcrop grading 9.5% U3O8 (i.e., high grade uranium in bedrock exposed at surface) within the target area and a number of uranium-mineralized pebbles and boulders have been found on the property, with one sample returning a value of >60% U3O8. That information got my attention... it's hard to ignore uranium at surface that can be sampled with a hammer and those uranium-mineralized boulders and pebbles must be coming from somewhere.
All looking very positive to me.
JMHO
R.W. Avery’s Nov 3, 2013 report which was filed on Sedar on Dec 20, 2013.
https://www.stockwatch.com/News/Sedardoc.aspx?docid=3047270
p.30
8.5 Work Undertaken by CanAlaska Uranium – 2012
“The combined use of resistivity and gravity surveys has been shown to be effective at locating basement hosted unconformity type uranium deposits in both the Athabasca Basin and in Nunavut where several deposits have been successfully delineated in geological settings analogous to that of the Northwest Manitoba property area.”
April 13, 2014 report on UNO by Malcolm Shaw posted on Seeking Alpha website
https://seekingalpha.com/instablog/6360551-malcolm-shaw/2834223-uno-looking-for-uranium-away-from-the-crowd
The map on the left is gravity data, which reflects the density of the rock in the area, while the map on the right is resistivity data, which measures the resistivity of the rock in the area. The hydrothermal alteration that is commonly associated with uranium deposits has a fairly specific geological signature... it often makes rocks both less dense and less resistive.
(click to enlarge)
(source: company reports)
The 4 arrows in the image above are showing regions where gravity and resistivity are both low, which is exactly the signature you might want to see when looking for uranium. Combine that geophysical data with the regional trend, the uranium in outcrop at surface, the mineralized pebbles/boulders, all of which are adjacent to a large-scale conductor and the target becomes quite compelling, which is why I invested.
UNO is also in the process of completing a radon survey (press release linked here) which has yielded promising early results. Recall that the only way to produce radon is via the natural decay of uranium, so the presence of radon suggests a nearby uranium source.
There is high grade uranium vein mineralization in outcrop grading 9.5% U3O8 (i.e., high grade uranium in bedrock exposed at surface) within the target area and a number of uranium-mineralized pebbles and boulders have been found on the property, with one sample returning a value of >60% U3O8. That information got my attention... it's hard to ignore uranium at surface that can be sampled with a hammer and those uranium-mineralized boulders and pebbles must be coming from somewhere.
2014-05-07 09:09 ET - News Release
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:UNO-2173351&symbol=UNO®ion=C
MPVC Inc. has received highly anomalous results from a recently completed radon-in-water survey over Maguire Lake.
The radon-in-water results are exceptionally high. To the author's knowledge the only survey to have higher radon-in-water results is the Patterson Lake South survey, which outlined Fission Uranium's recent exceptional uranium discovery.
Of significant note, these results extend linear trends defined by the AlphaTrack Services' radon-in-soil survey previously completed over the land portions of the 10-kilometre-by-three-kilometre Maguire Lake survey area. Similar to the AlphaTrack survey, the RadonEx results show that the survey area in general has an elevated radon gas content, potentially reflecting buried uranium occurrences at depth.
The combination of both the radon and geophysical results has identified numerous potential drill targets that could contain significant uranium mineralization within the Maguire Lake focus area. The highly prospective nature of the Maguire Lake area is borne out by the previous prospecting results that have identified in situ mineralization of up to 9.5 per cent triuranium octoxide and boulders containing in excess of 65 per cent UA 3O8.