Up to 33,600 Counts per Second!
The hit rate is rising! The Canadian uranium company Aero Energy (TSXV AERO / Frankfurt UU3) recently announced the start of drilling on its Murmac property in northern Saskatchewan, but already reports initial findings indicating a “robust” uranium mineralization system.
As the company reports in breaking news, high radioactivity was already measured with a portable spectrometer in the second hole drilled at Murmac! On average, 1,309 counts per second (cps) were counted in a section 8.7 meters long, with extremely high 33,600 cps measured in a 0.1-meter section! For clarification: Anomalously high radioactivity is considered to be >300 cps…
The occurrence of anomalously high radioactivity is therefore a good sign, not only for this drill hole (M24-017) but for the drilling campaign as a whole, because as Aero CEO Galen MacNamara explains, it confirms the company’s exploration thesis and underscores the potential of the area under investigation.
Exploration Thesis Confirmed
Aero is focusing its drilling targets on potential uranium deposits in the bedrock, which it follows with drilling along graphitic conductor structures – in contrast to historical exploration efforts. And the increased radioactivity was measured in graphitic pelite! Drill hole M24-017 is the first hole drilled into such a previously unexplored electromagnetic conductor structure.
The drilling is still ongoing and the zone with high radioactivity remains open along strike in both directions as well as up and down dip. Aero Energy, together with its operating partner Fortune Bay, is already planning follow-up drilling to both better define and expand the zone of elevated radioactivity.
Further Steps
In addition, eleven other highly prospective drill targets have already been identified at Murmac, which are already approved for drilling. Numerous other targets are also being considered. Aero will now systematically collect drill core samples from all zones with radioactivity greater than 300 cps and send them to SRC Geoanalytical Laboratories in Saskatoon, where they will be analyzed for uranium oxide (U3O8) as well as numerous other elements.
Conclusion: In our view, the discovery of elevated and in some cases extremely high radioactivity represents an extremely promising start to uranium drilling at Murmac! It confirms the company’s exploration thesis, underscores the potential of the area under investigation – and opens up many interesting possibilities for further discoveries, as Aero’s CEO McNamara emphasizes. Now it depends on what the laboratory analysis brings, because then it could quickly become apparent that Aero Energy is already on the right track!
