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ALX Uranium Begins Exploration At Close Lake Uranium Project

Mining News - Published on Wed, 12 Jun 2019

Image Source: Newsfile Corp.
ALX Uranium Corp announced that a borehole enhanced 3D induced polarization, resistivity geophysical survey has been completed at the Close Lake Uranium Project located in the eastern Athabasca Basin area of northern Saskatchewan, Canada and situated between the two highest-grade uranium mines in the world. The BHIP, Res survey is a leading edge geophysical technique that ALX has adopted for uranium exploration in mineralized areas. Results gathered from a borehole survey at depth can provide a much clearer picture of the strike and character of local conductors and alteration haloes than that of a conventional ground geophysical survey. Recent reconnaissance probing by ALX of drill holes in the southern part of the Project found that historical drill hole CL-90 along the C-1 East Trend was open to a depth of 512 meter, which provided an ideal scenario for a deep-penetrating BHIP/Res survey. Hole CL-90 was drilled in 1997 and intersected 0.34% U3O8 over 107.3 meter including 2.86% U3O8 over 8.5 metres and 2.00% U3O8 over 1.5 meter. Subsequent follow-up drilling in 1998 along strike of drill hole CL-90 encountered 0.28% U 3O8 over 0.5 meter in hole CL-106 and 0.06% U3O8 over 3.5 meter in hole CL-109.

For the current survey, a geophysical crew laid out a three-line grid centerd on hole CL-90 and collected data from surface as well as from depth by way of a metal current electrode that was lowered and raised down the drill hole. This new technique can provide a 3D image of zones of interest within the sub-surface to expected depths of over 1000 meters in the Close Lake geoelectrical environment with increased resolution within the vicinity of the drill hole, which could provide valuable information for future drill targeting. Results from the survey are being processed and modelled.

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Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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