0.21% U3O8 over 23-Metres ►UNR’s latest acquisition has characteristics of an advanced stage exploration project! From today’s New Release:
The Hawk Lake property was discovered in 1978 and explored by Noranda and a Noranda-Agip Canada joint venture until 1982. This property covers approximately 88,715-acres and consists of two permits contiguous with the east margin of Uranium North's South Baker property. Property highlights include two known mineralized zones which are likely structurally controlled, the Northwest zone and the East Zone.
Numerous drill holes are reported for the Northwest Hawk Zone and available data is shown in the table below. The best results include 0.21% U3O8 over a 23-metre drill intercept. The area drilled coincides with more than 120 radioactive boulders with assays of 4.10% to 0.05% on surface over a 40 by 220-metre area.