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Uranium resource growth potential in the Kurupung Batholith
U3O8 Corp’s drilling to date has defined seven uranium-bearing structures in the Aricheng Area with additional new targets to undergo scout drilling. Aricheng South and Aricheng North were the first two structures to advance to initial resource estimation within the albitite-hosted uranium system in the Kurupung Batholith, near the Roraima Basin in Guyana. Scout drilling has identified another five new areas of mineralization, adding to our inventory of mineralized structures that are poised for resource drilling. Two clusters of uranium-bearing structures have emerged in the Aricheng Area:
1) Aricheng North Complex – comprised of Aricheng North, Aricheng A and Aricheng C structures
2) Aricheng West Complex – comprised of Aricheng West, Aricheng Alpha, Aricheng Epsilon and Aricheng South structures.
Uranium mineralization in the Aricheng Area occurs within sheet-like breccia zones in granodiorite in the Kurupung Batholith. Mineralization is enclosed by albite-chlorite-hematite alteration, which is the typical alteration halo related to albitite-hosted uranium deposits worldwide. Uranium in the Kurupung is concentrated in shoots and mineralization remains open on all structures drilled to date.