PXP Fact SheetFirst-rate exploration targets
Eastern Athabasca Basin
• 12 eastern Athabasca Basin projects close to major deposits.
• U-Ni-Co discovery at Gumboot, with 0.11% U3O8, 2.29% Ni and 1.70% Co over 4.2 m in GB-07 (includes 2.06% U3O8 over 0.1 m).
• New U discovery at Wolverine, with 0.25% U3O8 over 0.1 m in WL10-01.
• Extended alteration zone at Johnston Lake. • Three newly staked claims totaling 5,650
hectares. Drilling at Gumboot and Wolverine planned for Summer 2011.
Namibia
• RC drilling has recently extended Marble Ridge calcrete uranium zone at Dome North.
• Extensive leucogranite with local elevated radioactivity intersected at Dome North.
• High priority targets remain for both styles of mineralization.
Dynamic management team
• Over 100 years of uranium exploration and production experience.
World class partners
• Denison, JOGMEC, Uranium One, JCU
Erongo, Namibia
• Exploring two projects, Dome and Kaoko.
• Discovered both calcrete hosted and
leucogranite (alaskite) hosted uranium
mineralization in 2009 at Dome North.
• Grab samples contain up to 0.19% U3O8
and 0.61% U3O8 for calcrete and
leucogranite mineralization, respectively
• Latest RC drilling completed in February
2011, intersections to 352 ppm U3O8 over
1 meter. •
Calcrete mineralization now extends over a
1900 meter x 200 meter area.
• Additional drilling and geophysical surveys
planned for remainder of 2011.
Athabasca Basin,
Saskatchewan
• Pitchstone has an interest in 12 projects (70,000 ha) in the eastern Athabasca Basin.
•
Four projects 100% Pitchstone, five projects joint ventured with Uranium One, one with JCU, two under option to JOGMEC and one optioned from Denison.
• Strong uranium, nickel and cobalt mineralization intersected in drill holes at Gumboot and Johnston Lake.
• New discovery of uranium mineralization at Wolverine (under option to JOGMEC).
• Three new claims staked totaling 5,650 hectares.
https://www.pitchstone.net/factsheetpdf.pdf