Canadian Mining Journal

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URANIUM EXPLORATION: Midwest Northeast shaping up along strike

SASKATCHEWAN - All four of the recent holes drilled at the Midwest Northeast uranium property of Vancouver's H...



SASKATCHEWAN – All four of the recent holes drilled at the Midwest Northeast uranium property of Vancouver’s Hathor Exploration (90%) and Terra Ventures (10% carried interest) encountered promising mineralization along a 100-metre strike length from the Roughrider East discovery. The property is located near the McClean Lake mill in the eastern portion of the Athabasca Basin.

The best assays were 2.54% U3O8 over 7.5 metres including 7.48% over 1.5 metres in hole 10-626A. Hole 10-629 returned 1.20% over 9.5 metres including 5.50% over 2.0 metres. The other two holes assayed 0.346% over 44.5 metres and 0.71% over 10.5 metres.

According to Hathor the uranium mineralization is near-continuous over a vertical extent of up to 100 metres and across a structural width of up to 60 metres. Visible chalcopyrite mineralization, with up to 7.5% Cu over 0.5 metre and 2.27% over 12.0 metres has been identified in composite sections.

Summer drilling will begin soon. Details are available at www.Hathor.ca.