Mega Uranium Ltd. (TSX:MGA) and Forum Uranium Corp. (TSXV:FDC) are pleased to announce evaluation results from the first drill target at the Northwest Athabasca property under option from Cameco Corporation.
Highlights from the press release:
- Drillhole NWA-35 – 2.48% U3O8 over 1.5 metres at a vertical depth of 26 metres with a 0.5 metre interval grading 5.77% U3O8.
- Drillhole NWA-34 – 20 centimetres grading 0.27% U3O8 at a vertical depth of 50 metres, located only 20 metres west of the historic Zone 2A mineralization.
- The Northwest Athabasca property hosts the Maurice Bay deposit (historical resource* of 1.5 million pounds uranium at a grade of 0.6% U3O8)