Founded on our vision to discover new uranium resources
Since our public offering in December 2006, we have aggressively pursued our vision to discover quality uranium deposits focused in the Roraima Basin in Guyana. Key milestones point to the progressive results that we have achieved towards a significant discovery, including:
2010 | 2009 | 2008 | 2007 | 2006 | 2005
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| April 2010 |
Mega Uranium South American Property Acquisition – Acquired Mega Uranium’s South American uranium properties, including significant historic resources in Colombia, near-resource prospects in Argentina and $4 million in cash |
| November 2009 |
Reconnaissance Permits Extended Further – Granted one-year extension on Permit A area and two-year extension on Permit B area for uranium exploration in Guyana |
| November 2009 |
Discovering New Mineralized Structures – Scout drilling of geophysics-based targets is successfully discovering new uranium-bearing structures in the Kurupung; seven mineralized structures so far with potential to grow current resource |
| August 2009 |
Uranium in the Kurupung Similar to “Albitite-Hosted” Deposits Worldwide – Geologically similar “albitite-hosted” deposits worldwide typically contain resources in the 50 to 130 million pound range; began scout drilling program to outline size potential of the Kurupung system |
| June 2009 |
Athabasca-Style Alteration in the Roraima Basin – Detected alteration zoning in the Roraima Basin that is characteristic of unconformity-style uranium in the Athabasca Basin |
| May 2009 |
Fourth Uranium-Bearing Structure – Phase II drilling confirmed Accori North C as a fourth mineralized structure in the Kurupung with the potential to add to resource base |
| January 2009 |
Initial NI 43-101 Resource Estimate – Reported initial resource estimate on the Aricheng North and Aricheng South structures in the Kurupung. Mineralization still open for expansion |
| December 2008 |
Over 38,000 Metres Drilled – In the 2008 program, drilled over 220 holes for more than 38,000 metres in Kurupung targets |
| September 2008 |
Reconnaissance Permits Extended – Received one-year extension on Reconnaissance Permits for uranium exploration in Guyana |
| May 2008 |
Field Exploration Started on Initial Unconformity Targets – Determined key geological features for unconformity uranium based on Athabasca model; field exploration on the first targets |
| December 2007 |
Phase II Drilling Completed – A total of 39 holes for 5,010 metres drilled in Kurupung targets |
| November 2007 |
Radiometric Survey To Identify Unconformity Targets – Completed heliborne radiometric survey to identify unconformity targets in the Roraima Basin |
| July 2007 |
Phase I Drilling Completed – 15 holes for 2,533 metres drilled on initial basement-hosted targets in the Kurupung Batholith, Guyana |
| June 2007 |
Drilling Started – Fully operational in Guyana, and commenced drilling program |
| December 2006 |
Initial Public Offering – Raised $30 million in initial public offering on the TSX Venture Exchange |
| November 2006 |
Radiometric & Magnetic Survey To Identify Basement-Hosted Targets – Completed airborne radiometric and magnetic survey to identify basement-hosted targets adjacent to the Roraima Basin |
| November 2005 & May 2006 |
Property Acquisition in Guyana – Acquired exclusive exploration rights for uranium over 1.3 million hectares in Roraima Basin, Guyana |
| December 2005 |
U3O8 Corp. founded |