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URZ3 Energy Corp V.URZ

Alternate Symbol(s):  NVDEF

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.'s Cortez complex, within the specific region of north-central Nevada. The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The Company controls a large strategic land position in the central Powder River Basin of Wyoming and operates the Nichols Ranch ISR uranium project.


TSXV:URZ - Post by User

Bullboard Posts
Post by Boliviaon Jan 08, 2020 6:52pm
120 Views
Post# 30532589

FREDDIE

FREDDIE

Freddie is located to the northeast of Goodwin Butte, in an area where initial drilling defined large zones of sulphide-bearing, silicified breccias within silty carbonate units showing evidence of low-angle thrust faulting.  These lower-plate carbonate rocks sit below a shale cap rock at the intersection of high-angle NNW and NE district-scale faults along an antiformal fold hinge, as seen in outcrop at Goodwin Butte and in initial oriented-core drill holes.  Together, these features represent characteristic host rocks and mineral controls for Carlin-type mineralization, which are supported by the elevated gold and related pathfinders contained in the silicified breccias encountered during drilling.  In addition to the drill samples, there is also strong geochemistry support in soils and groundwater: the biggest and strongest mercury and arsenic anomalies in soil sit immediately above the target; and the groundwater sampling encountered notable increases in gold, thallium, and arsenic in the groundwater flowing past the target.

The concept to be tested at Freddie is that of oxidized, silicified breccia-hosted gold mineralization, analogous to the mineralization at Goldrush


Bullboard Posts