The survey has delineated several basement conductors, which are potential pathways for uranium mineralising fluids. In the Douglas River area, two high-priority drill target areas have been defined just 5km and 14km north-east of the Shea Creek uranium deposits. Importantly, these targets are interpreted to be only 100-300m below surface.
Expert Geophysics were contracted to fly the airborne EM survey, using MobileMT (airborne magnetotelluric) technology to help further refine and prioritise the current drilling targets within the Company’s tenements. Consulting geophysics group, Terra Resources, were engaged to complete the interpretation of the survey results.
Read the full announcement here.