kurupung project

 

Promising new uranium district in South America

U3O8 Corp’s drilling has defined multiple uranium-bearing structures in the Kurupung Batholith, located in the basement near the Roraima Basin – a promising uranium district in South America.  We have completed an initial NI 43-101 resource estimate on the first two structures.

TSX-V: UWE

Date: 9/3/2010
Last Trade: $0.29
Change: +0.015

Latest News

July 14, 2010

U3O8 Corp. intersects 36.5 metres at 0.09% (1.8 pounds per short ton) U3O8 in a new target in the Kurupung Project, Guyana

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May 20, 2010

U3O8 Corp. intersects 2.9 metres at 0.228% (4.6 pounds per short ton) U3O8 at Aricheng North, Kurupung Project, Guyana

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Resource Summary

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Quick Facts:

  • To date, drilled about 300 holes (>52,000 metres) in the Kurupung Batholith  
  • Estimate 20-25 mlb1 conceptual target based on nine uranium-bearing structures identified to date
  • Initial resource of 5.8 mlb at an average grade of 0.10% U3O8 (Indicated) plus 1.3 mlb at an average grade of 0.09% U3O8 (Inferred) for Aricheng North and Aricheng South structures
  • Uranium in the Kurupung is characteristic of "albitite-hosted"2 deposits worldwide

Uranium in the Kurupung Batholith has the geological characteristics of a class of sizeable deposits known as “albitite-hosted" uranium, many of which contain resources in the 50 to 130 million pound range and comparable grades around 0.1% U3O8, including Canada’s Michelin, Australia’s Valhalla and Brazil’s Lagoa Real deposits1. We are focused on expanding our pipeline of mineralized structures that could add significantly to our resource base and illustrate that the Kurupung uranium system could be of comparable size to peer deposits.  

Kurupung Batholith

click on bold yellow target areas for details

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1 Kurupung Project - assays from the nine structures defined so far may contain a conceptual target of 10-15 million tonnes grading 0.08% to 0.10% U3O8 (for an estimated 20-25 mlb) including the initial NI 43-101 resource.
 
2 Albitite-hosted deposits worldwide (see Disclaimer)

Aricheng NorthAricheng SouthAccori North CAccori South