Aricheng c

TSX-V: UWE

Date: 9/2/2010
Last Trade: $0.275
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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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Quick Facts:

  • Scout drilled four holes for 1,017 metres
  • Significant uranium mineralization included 36.5 metres at 0.09% U3O8
  • Ninth consistently mineralized structure drilled in the Kurupung Batholith
  • Adds to pipeline of uranium-bearing structures with the potential to increase resource base


En route to Aricheng Area


The discovery of the Aricheng C structure marks a break-through in the exploration of the uranium-bearing fault system in the Kurupung Batholith. We knew that uranium occurred within faults that could be identified through geophysics, but with Aricheng C, we now know which parts of the fault system are more likely to contain greater uranium content.

Uranium in the Aricheng Area is contained within structural networks in which east-trending faults link into northeast-striking shear zones. Assay results to date suggest that east-west orientated structures, such as Aricheng C, contain wider intervals of uranium mineralization than northeast-trending ones. Further scout drilling in the Kurupung will focus on east-striking structures identified from the geophysical data.

The Aricheng C structure is orientated east-west and dips about 70° to the north. The structure is marked by a corridor of relatively low magnetism that extends eastward from the area drilled. Mineralization at Aricheng C has been delineated over 150 metres along strike and is open along trend and at depth. Vestiges of uranium mineralization occur in the saprolite at surface and the deepest intercept is approximately 220 metres below surface.