Argus Metals Corp. (TSXV:AML) announced an update on drilling at the Kaituma uranium gold project in Guyana.
Argus Metals Corp. (TSXV:AML) announced an update on drilling at the Kaituma uranium gold project in Guyana.
As quoted in the press release:
The Kaituma Uranium/Gold Project represents a geophysical/geochemical uranium target within an episyenite/leucogranite intrusive in Guyana Shield Greenstone Belt with similar geological model as deposits such as the alaskite hosted Husab deposit of Extract Resources Ltd. in Namibia, (319.9M lb U3O8 @ 519ppm U3O8) and the metasomatic albite hosted Lago Real Mine in Brazil which has resources of 125M lb U3O8 @ ~0.25% U3O8. The Kaituma geology model will become clearer with the chemical assay results and analysis of geology of this drill program. The high priority Kaituma uranium target has a strike of over 10 kilometres and a width of approximately one kilometre punctuated by grades from trace up to 0.23% U in saprolite trenches and from trace up to 0.0948% eU in weathered outcrop.
Click here to read the Argus Metals Corp. (TSXV:AML) press release.
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