U3O8 Announces Definition of Additional, Higher-Grade Uranium-Vanadium Layers at Laguna Salada

Energy Investing

U3o8 (TSX:UWE) has announced similar channels of its recent discovery of higher-grade uranium-vanadium mineralization at La Rosada have been delineated in, and beneath, the lowermost gravel layer at the project. As quoted in the press release: These levels are in addition to the layer of mineralization on which the resource estimate was based and may …

U3o8 (TSX:UWE) has announced similar channels of its recent discovery of higher-grade uranium-vanadium mineralization at La Rosada have been delineated in, and beneath, the lowermost gravel layer at the project.
As quoted in the press release:

These levels are in addition to the layer of mineralization on which the resource estimate was based and may represent significant resource growth potential at Laguna Salada.
“By applying what we have learned from the discovery of higher-grade uranium-vanadium in the La Rosada area, announced in the last few weeks, our exploration team has identified similar higher-grade layers at the base of the gravel, and beneath the gravel, at Laguna Salada,” said Dr. Richard Spencer, CEO of U3O8 Corp. “The identification of higher-grade potential provides an opportunity to further reduce estimated production costs for the Laguna Salada Deposit. In addition, it opens up new targets for shallow uranium-vanadium mineralization in soft gravel, sand and silt that can be inexpensively explored through trenching.”
Assay Results
Table 1. Summary assay results from composite panel samples from trenches at the base of the unconsolidated gravel, sand and silt layers at Laguna Salada. The extent to which Laguna Salada gravel can be beneficiated, as per Preliminary Economic Assessment (PEA) is also shown for reference.

Click here to read the full press release.

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