Update on Sun Dog Uranium Project Exploration Plan Today, Aero Energy's (AERO.v AAUGF) option partner, Standard Uranium, provided an update on the 2024 exploration developments and plans at the Sun Dog Uranium Project, near Uranium City in the Athabasca Basin.
To test several land-based targets across the project, a diamond drilling program funded by AERO and targeting high-grade uranium is planned for summer 2024.
Highlights:
- Drill targets are being finalized following interpretation of VTEM Plus Survey Results
- Set to commence following completion of drilling at AERO's neighbouring Murmac Project
- Recent VTEM Plus Survey improves upon historical surveys which have identified at least 40km of combined conductor strike length
- Targets focused on deformed graphitic rocks favourable for hosting significant concentrations of uranium, akin to those hosting the recent Murmac discovery which returned 8.7m of anomalous radioactivity with a max of 33,600cps
- Three-year exploration permit with all key vendors secured
- Numerous historical high-grade uranium showings up to 17.4% U3O8 documented at surface
- Project hosts the historical and formerly world's largest uranium producing Gunnar Mine which produced 18M pounds of U3O8 between 1953 -1981
Full News Release: https://finance.yahoo.com/news/standard-uranium-prepares-summer-drill-113000991.html
The Sun Dog Project
Covering an area exceeding 48,000 acres in 9 mining claims the, Sun Dog Project is located 15km from Uranium City on the northern margin of the Athabasca Basin.
Notably, previous exploration efforts in the area primarily focused on "Beaverlodge-style" deposits which are typically lower-grade, fault-hosted mineralization visible at the surface.
Given this approach does not target, nor is it effective for the high-grade "unconformity-related" basement-hosted deposits associated with the Athabasca Basin, substantial discovery potential remains.
The Murmac Uranium Project
Neighbouring the Sun Dog Project, the Murmac Project recently intersected strong and highly elevated radioactivity in the second drill hole of its 2024 exploration drilling program which was commenced shortly prior.
Notably, these initial findings are already pointing to a robust uranium mineralization system as an average of 1,309 counts per second was intersected over 8.7m in graphitic pelite with up to 33,600 counts per second associated with visible uranium mineralization.
Confirming AERO's exploration thesis and underlining the potential of the area, this new discovery of shallow radioactivity within favorable structured graphitic rocks indicates the potential for a high-grade, basement hosted deposit.
Drilling is still ongoing with the zone of strong radioactivity remaining open up and down dip as well as along strike in both directions.
Full News Release: https://aeroenergy.ca/2024/aero-energy-and-fortune-bay-hit-strong-radioactivity-murmac-uranium-project/
Posted on Behalf of Aero Energy Ltd.