U3O8 Corp’s most advanced properties in Argentina are in Chubut Province, and contain both surficial uranium and sandstone-hosted uranium targets.
Surficial uranium – Laguna Salada is the first project in Argentina to add to our NI 43-101 resource inventory. The Laguna Salada Project hosts surficial uranium-vanadium that lies within three metres from surface. Metallurgical test results show rapid uranium-vanadium extraction using alkaline leaching in the Guanaco area of the deposit, while acid leach was very effective in the Lago Seco area.
Sandstone-hosted uranium – The Cerro Solo Area target lies adjacent to the State-owned Cerro Solo uranium deposit. Scout drilling has intersected significant sandstone-hosted uranium of 1-2 metres at 0.1-0.2% U3O8 in two bore holes. Target areas will be refined through IP geophysical surveys and further drilling.
Other properties in Chubut, Mendoza, Salta, Catamarca, San Luis and Santa Cruz provinces constitute grassroots prospects, which are being evaluated and prioritized for further exploration.
Property Interests in Argentina
Exploration Properties in Chubut Province
1 Historic resources at Cerro Solo and Sierra Pintada (see Disclaimer)