aricheng area

 

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 undergoing scout drilling. Aricheng South and Aricheng North were the first two basement-hosted 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. 

TSX-V: UWE

Date: 9/2/2010
Last Trade: $0.275
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Latest News

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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May 20, 2010

U3O8 Corp. intersects 2.9 metres at 0.228% (4.6 pounds per short ton) U3O8 at Aricheng North, Kurupung Project, Guyana

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Resource Summary

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Quick Facts:

  • To date, drilled over 260 holes for >45,900 metres  
  • Initial resource of 5.8 million pounds (Indicated) and 1.3 million pounds (Inferred) U3O8 on Aricheng North and Aricheng South
  • Clusters of uranium-bearing structures have emerged that could add significantly to current resource
  • Scout drilling ongoing to test new targets

Uranium-Bearing Structures in the Aricheng Area of the Kurupung Batholith 

Click on bold yellow target labels for details

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Map of airborne magnetic data from from the Aricheng Area of the Kurupung Batholith overlain with interpreted structures (black lines). Warm colours represent magnetic rocks while cool colours mark rocks with little magnetism. Yellow circles outline the uranium zones drilled by U3O8 Corp.

Substantially all of the uranium found by U3O8 Corp. to date lies within demagnetized faults (cool colour areas in the magnetic data that are interpreted as faults and marked by black lines). U3O8 Corp. is using magnetic data to identify new targets for scout drilling by tracing out these demagnetized areas as corridors of potential uranium.