Canadian Mining Journal

News

URANIUM EXPLORATION: New Kianna basement zone discovered at Shea Creek

SASKATCHEWAN – Continued exploration of the Kianna uranium deposit at the Shea Creek project has discovered a new zone, Kianna East. The new zone is east of the existing deposit and spatially associated with the second conductive trend.



SASKATCHEWAN – Continued exploration of the Kianna uranium deposit at the Shea Creek project has discovered a new zone, Kianna East. The new zone is east of the existing deposit and spatially associated with the second conductive trend.

The Shea Creek project, 700 km northwest of Saskatoon, is owned 49% by UEX Corporation of Vancouver and 51% by the operator Areva Resources Canada of Saskatoon. The project hosts the Anne, Colette and 58B deposits as well as Kianna.

UEX reports that significant mineralization was intersected at the unconformity and the underlying basement rocks. Recent drilling results from the basement rocks of the Kianna East zone include 3.59% U3O8 over 16.0 metres, 0.24% U3O8 over 32.3 metres, and 3.70% U3O8 over 18.1 metres.

“The significance of the new basement zone,” UEX noted in a news release, “is its position in association with a second graphitic unit which lies well below, and parallel to, the Saskatoon Lake Conductor (SLC), the latter being spatially associated with all of the other areas of mineralization that have been discovered to date at the Shea Creek project. The graphitic unit projects up dip to the east toward the unconformity approximately 900 metres east of the SLC, and forms a conductive horizon that had been previously identified but never drill tested. The association of basement mineralization with this feature suggests that potential exists for mineralization along this second trend, parallel to and east of the known zones at Shea Creek, as occurs in other uranium deposits in the Athabasca Basin.”

Maps and more drilling results are posted at UEX-Corporation.com.