Projects

Clear path to uranium resource build-up 

U3O8 Corp. has one of the most advanced uranium portfolios, from NI 43-101 compliant resources, historic resources to near-resource potential in South America – a promising new frontier for uranium exploration and development. We are advancing a clear strategy to significantly grow our resource inventory in the near-term while evaluating the longer-term potential of key exploration plays in highly prospective regions in Guyana, Colombia and Argentina.

TSX-V: UWE

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

Latest News

August 26, 2010

U3O8 Corp. confirms continuity of uranium, vanadium & phosphate mineralization over 3km in sandstones in the Berlin Project, Colombia

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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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Resource Summary

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Quick Facts:

  • NI 43-101 resource of 5.8 mlb at an average grade of 0.10% U3O8 (Indicated) and 1.3 mlb at an average grade of 0.09% U3O8 (Inferred) in the Kurupung Batholith, Guyana
  • 38 million pound1 historic uranium resource in Berlin Project, Colombia
  • Aim to complete NI 43-101 resource estimate on the Laguna Salada Project in Argentina in 2010

Guyana
NI 43-101 Resource – Uranium in the Kurupung Batholith is geologically similar to albitite-hosted uranium deposits worldwide that typically host resources in the 50 to 130 million pounds range. We are growing our pipeline of uranium-bearing structures with the potential to add to our current NI 43-101 compliant resource and show that the Kurupung system could be of comparable size to peer deposits. 

Exploration Upside – Our exploration in the Roraima Basin is identifying key features typically associated with unconformity-related uranium in Canada’s Athabasca Basin, which accounts for 20% of the world’s uranium production3. Roraima targets share characteristics of Athabasca-type uranium in terms of their structure, alteration patterns and enrichment in pathfinder metals.

Colombia
Significant Historic Resource – The Berlin Project in Caldas Province is a sandstone-hosted uranium prospect with a historical resource1 of 12.9 million tonnes at 0.13% U3O8 (38 million pounds U3O8), based on drilling, adits and trenching in only the southern 4.4 kilometres of a 10.5 kilometre long syncline. The presence of significant grades of phosphate, vanadium, molybdenum and yttrium further increases the potential in situ value of the Berlin Project. The current work program aims to confirm the historic potential and advance the project to resource estimation in 2011. 

Argentina
Near-Resource Potential – The Laguna Salada Project in Chubut Province is a surficial uranium prospect that is ready to advance to NI 43-101 resource estimation. Uranium mineralization occurs from surface to three metres depth contained within unconsolidated gravel that appears amenable to low-cost leach mining. 

Exploration Upside – An extensive land position near Argentina’s two largest known uranium deposits (Cerro Solo deposit - a historic resource4 of 10 million pounds at 0.15% U3O8 and Sierra Pintada - a historic resource4 of 30 million pounds at 0.12% U3O8) offers exploration upside, including significant sandstone-hosted uranium intersected in the Cerro Solo Area, near the State’s Cerro Solo deposit.

1 Berlin historic resource (see Disclaimer)
2 Albitite-hosted deposits worldwide (see Disclaimer
3 Source: World Nuclear Association
4 Historic resources at Cerro Solo and Sierra Pintada (see Disclaimer)