Guyana

 

New uranium resource in South America

U3O8 Corp’s near-term focus is to demonstrate that the Kurupung Batholith, in the basement near the Roraima Basin, could host a large uranium resource of comparable size to albitite-hosted uranium systems worldwide, while exploring the longer term opportunity for significant unconformity-related uranium deposits such as those found in the Athabasca. 

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Latest News

July 12, 2012

U3O8 Corp. files NI 43-101 report on the Kurupung uranium project, Guyana & provides update on other projects

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May 23, 2012

U3O8 Corp. increases NI 43-101 uranium resources by 125% in the Kurupung Project, Guyana

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Resource Summary

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Quick Facts:

  • NI 43-101 resource of 8.4 mlb at an average grade of 0.09% U3O8 (Indicated) and 7.7 mlb at an average grade of 0.08% U3O8 (Inferred) in the Kurupung Batholith
  • 82% uranium recovery from initial metallurgical tests in the Kurupung
  • Pipeline of uranium-bearing structures to grow current resource in the Kurupung  
  • Kurupung geologically similar to sizeable “albitite-hosted deposits worldwide 








Albitite-hosted uranium – Uranium in the Kurupung Batholith is geologically similar to albitite-hosted deposits worldwide that typically contain resources in the 60 to 130 million pound (“mlb”) range1, hosted within clusters of mineralized structures. U3O8 Corp’s initial NI 43-101 uranium resource in the Kurupung is based on four mineralized structures with another six awaiting infill drilling towards resource expansion. Additional targets have been identified that warrant scout drilling.

Unconformity-related uranium – We have identified key characteristics in our Roraima targets that are analogous to unconformity-related uranium deposits in the Athabasca Basin in terms of structure, alteration minerals and enrichment in pathfinder elements. We are refining and ranking our unconformity targets and will scout drill the most promising areas of the Roraima Basin in due course.

  

1 Albitite-hosted deposits worldwide (see Disclaimer)