News Northern U intersects 730 cps of radioactivity at NW
2015-07-02 06:11 PT - News Release
Mr. Chad Ulansky reports
NORTHERN URANIUM DRILL HOLE MG15DD-0016 INTERSECTS HIGHEST GAMMA RADIATION RESULTS TO DATE
Northern Uranium Corp. has provided a progress report on its 50-per-cent-owned North West Manitoba project. The Company can earn up to an 80% interest in the project from CanAlaska Uranium Ltd (TSXV:CVV).
Bedrock, consisting predominantly of semi-pelite gneiss, calc-silicate gneiss and calcareous arkose, was intersected by hole MG15DD-0016 at a down hole depth of 26 metres. Drilling intersected hydrothermal alteration zones from 327.9 to 334.5m and from 334.5 to 338.4m. Both of these hydrothermal zones contained strong hematitic limonite alteration and were associated with anomalous radioactivity. A one metre interval from 330.1 metres downhole averaged 730 counts per second (cps) with a down hole gamma probe. Within this interval was a 0.3m section that averaged 1023 cps. A 0.75 metre interval from 334.8 metres averaged 579 counts per second. Natural gamma radiation was measured using a down hole GV500-501 scintillometer manufactured by GeoVista.This compares to Cameco's recent AXA-007 Thelon discovery in which up to 400 (equivalent) cps with limonite alteration was intersected. Northern Uranium has intersected anomalous radioactivity in excess of 400 cps in holes MG15DD-0012, MG15DD-0014 and MG15DD-0016.
Scintillometer readings should only be used as a preliminary indication of the presence of radioactive materials. The degree of radioactivity may not be directly or uniformly correlated with uranium grade. Consequently core samples from anomalous intervals are being sent for assay to determine uranium grades. Hole MG15DD-0016 tested the depth extension of the hydrothermal alteration zone previously intersected by holes MG15DD-0009, MG15DD-0011, MG15DD-0012, MG15DD-0013 and MG15DD-0014. It was drilled along strike and mid way (60m from each hole) between MG15DD-012 and MG15DD-0014. MG15DD-0016 returned the highest down hole gamma results to date. As the increasing radioactivity encountered in hole MG15DD-0016 indicates the drilling is progressing towards a more mineralized source the next hole is being drilled 60 metres along strike to test the mineralization beneath hole MG15DD-0014. The second drill is drilling another anomaly and is presently at 303 metres depth.The technical information and results reported here have been reviewed by Chad Ulansky, PGeo, a qualified person under National Instrument 43-101, who is responsible for the technical content of this release.
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