Near-Resource Potential in Argentina
U3O8 Corp’s Laguna Salada Project in Chubut Province is the company’s most advanced project in Argentina, and is poised to add to our resource inventory. Laguna Salada hosts surficial uranium that occurs over an extensive 30 square kilometre area and lies within three metres of surface. Uranium mineralization appears leachable from soft gravel, presenting a potential low-cost mining opportunity.
Surficial uranium deposits are broadly defined as young, near-surface uranium concentrations in sediments or soils, and account for about 4% of the world’s uranium resources (World Nuclear Association). Lake Maitland in Western Australia and Langer Heinrich in Namibia are examples of surficial uranium deposits.
A major trenching program has been done at Laguna Salada, and U3O8 Corp. aims to complete a NI 43-101 resource estimate on this project by the end of 2010.
Landscape and Vegetation of the Laguna Salada Project
