McElroy interview There is a lot of good commentary in the interview flagged by Chattyc yesterday with Ross mcElroy, chief geologist for AMW's partner, FCU. Along with upcoming drilling plans, here is some more of what he had to say:
PLS end game:
"I think juniors have to remember that if they are going to invest the amount of time, effort and money in exploring a property, they need to have their end game in mind before they take a single step. My end game, the end game of Fission Uranium Corp., is based on understanding where the majors want to be. We explore, we identify and we expand on discoveries. We then sell to a major or mid-tier. I don’t have to convince a major to buy a discovery in the Athabasca – they know already it makes sense, which is why they are there in big way. Know your end game. Be where the majors are.
Quality of PLS discovery:
"The early stage success we have had is as good as anything I’ve ever seen in my years exploring the Athabasca. Some of the intersections we’ve hit are just phenomenal – they are up there with the best that anyone has ever encountered exploring the Basin and my belief is that there are more to come because results are showing we are looking at a very robust system."
Significance of radon survey:
"In the winter of 2013, thinking outside the box, we conducted a radon survey beneath the frozen lake on trend of our original discovery. Radon is a gas that is given off by uranium and radon surveys can detect this. Because radon is so mobile, radon surveys are plagued with a lot of false anomalous readings and the source is hard to nail down. Our survey was a bit different than the conventional method used to obtain measurements…we lowered a sampler into the water under the ice – tested samples on both the lake bottom and the water directly above.
"We identified distinct radon anomalies, which we drilled and ended up discovering super-high grade uranium mineralization."