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    Athabasca Uranium to Perform SEMM survey at Keefe Lake

    Investing News Network
    May. 11, 2012 08:34AM PST
    Company News

    Athabasca Uranium Inc. (TSXV:UAX,OTCQX:ATURF) has engaged SEMM Logging Inc. to perform a state-of-the-art downhole geophysical survey at the Keefe Lake Uranium Project, which will consist of a suite of logs, including triple receiver full-wave sonic, spectral gamma, optical televiewer, dual induction, focused resistivity and uranium content, and will provide data to assist the Company in building a comprehensive sub-surface model of Keefe Lake.

    Athabasca Uranium Inc. (TSXV:UAX,OTCQX:ATURF) has engaged SEMM Logging Inc. to perform a state-of-the-art downhole geophysical survey at the Keefe Lake Uranium Project, which will consist of a suite of logs, including triple receiver full-wave sonic, spectral gamma, optical televiewer, dual induction, focused resistivity and uranium content, and will provide data to assist the Company in building a comprehensive sub-surface model of Keefe Lake.

    As quoted in the press release:

    SEMM’s sonic borehole survey will be of particular interest to the Company’s seismic investigation, as it measures the response of different rocks at depth to acoustic wave vibrations. The integration of this data with the surface seismic data (which examines responses over a larger area and in time) is highly effective at establishing direct regional and depth detection of rock types, as well as providing indications of alterations and fractures, associated with specific rock types. The combinations of these properties are potential indicators of mineralization.

    Athabasca Uranium President Gil Schneider said:

    “The value of the surface seismic survey and subsequent interpretation by Dr. Hajnal has exceeded all expectations.  With the first drill hole at Keefe Lake, we encountered massive alteration and uranium mineralization. Downhole geophysics should further enhance our resolution and accordingly increase our chances of making an early discovery.”

    Click here to read the Athabasca Uranium (TSXV:UAX) press release
    Click here to see the Athabasca Uranium (TSXV:UAX) profile.

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