- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Azincourt Uranium and Fission Identify New Trending Conductive Basement Package in Northern PLN
Azincourt Uranium Inc. (TSXV:AAZ) and Fission Uranium Corp. (TSXV:FCU) released initial results of the recently acquired VTEM max airborne geophysical survey and exploration plans at the Patterson Lake North property in the Athabasca Basin. Highlights include identification of a new north-south trending conductive basement package in northern PLN
As quoted in the press release:
- VTEM Max survey identifies new north-south trending conductive basement package in northern PLN; this represents the possible extension of Saskatoon Lake Conductor system which hosts the Shea Creek uranium deposits.
- Follow up ground geophysical survey already underway on this new trend to accurately locate the conductor axis using Internal Field Gradient Magneto Tellurics (MT), which will improve target quality.
- Outcrop, historical drill core and soil sampling work completed by Athabasca Basin expert, Dr. Paul Ramaekers, to enhance knowledge of local and regional sandstone stratigraphy.
- Ground EM survey (20 km grid) is planned for central PLN targeting north-northwest trending central conductive metasedimentary belt coincident with known structural offset at the unconformity.
- Ground EM survey (10.5 km – 2 lines) planned for southern PLN targeting a prospective trend parallel to the PLS discovery trend. Additional targeting techniques successfully used by Fission at PLS are being planned, including lake sediment and water Radon sampling over conductors located under lakes in the shallow southern PLN project area.
- 2500-3000 m diamond drill program planned for winter 2014 on existing and some newly generated targets in the central and southern PLN project area.
Azincourt Uranium President and CEO, Ted O’Connor, said:
It is great to see the VTEM max survey has had immediate results defining a new north-south conductor system and ground follow up has already started. Azincourt is looking forward to developing the target inventory at PLN and starting the drill program with Fission this winter.
Click here to read the Azincourt Uranium Inc. (TSXV:AAZ) press release
Click here to see the Azincourt Uranium Inc. (TSXV:AAZ) profile.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â