Similarities to Known Uranium Deposits
The Sun Dog project of uranium company Aero Energy (TSXV AERO / Frankfurt UU3) covers an area of about 19,604 ha, just 15 kilometers from Uranium City on the northern edge of the Athabasca Basin, famous for its uranium deposits. Recently, CEO Galen McNamara’s company conducted prospecting and mapping work on the Wishbone, McNie, and Spring-Dome target areas there. And with great success.
As Aero Energy recently reported, they were able to identify numerous outcrops of favorable uranium host rock, including graphitic pelite, which is often radioactive, over a total strike length of more than 200 meters. Structural measurements and radioactivity mapping have further refined the drill targets in these areas for ongoing exploration. The exploration program conducted prior to the summer drilling on Sun Dog yielded grab samples from the outcrops containing up to 13.0% U3O8 (uranium oxide)!
In detail, Aero was able to demonstrate new uranium mineralization at the surface in the Wishbone target area, yielding grades of 0.14% to 0.32% uranium – within and directly adjacent to highly prospective graphitic pelite!
Visible Uranium Mineralization with Up to 13% Uranium Oxide
In the Spring-Dome target area, new zones of highly elevated radioactivity of more than >65,535 cps (counts per second) were encountered at the surface. And this is associated with visible uranium mineralization of up to 13% U3O8, which was discovered during a recent prospecting program.
Aero Energy examined more than 4 kilometers of untested VTEM conductors offset by major faults and where surveys yielded up to 0.25% U3O8 in a rock sample at McNie.
So far, the company has drilled eight holes on the project with a total length of 1,593 meters. The company targeted high-grade uranium mineralization in the bedrock of the Wishbone target area and reported intersections with anomalously high radioactivity of more than 300 cps – in seven out of eight boreholes! However, the geochemical analysis of the samples taken is still pending.
Still Significant Potential
With the tests conducted this summer, Aero has only examined a fraction of the numerous targets on Sun Dog. Together with project partner Standard Uranium, they are now selecting the most promising targets for further geophysical surveys and drilling in these promising areas to further refine these target areas.
Galen McNamara, Interim CEO of Aero Energy, stated: “The confirmation of uranium mineralization in graphitic pelite conductors at surface underscores our belief that we have the potential for the discovery of significant uranium zones in the basement similar to the large deposits at several other locations in the Athabasca Basin. We look forward to continuing work on Sun Dog and Murmac together with our exploration partners at Standard Uranium and Fortune Bay.”
