The Conversation (0)
Cyclone Uranium Corporation (OTCQB: CYUR) ahas completed its technical report entitled: “Cyclone Uranium Project Technical Report – Exploration Target”. The report, dated September 16, 2013 is based on work conducted by Cyclone Uranium coupled with the compilation of historic exploration work by Tournigan USA and Kerr McGee Corporation.
According to the company’s press release:
The Report describes land tenure, regulations, property history, geology, uranium occurrence, and competitor activity in the Great Divide Basin. The Report recommends a Phase I work program on the Project that includes surface gamma and radon gas survey followed by a Phase II drill program of up to 100 drill holes. The Report will not be posted on Cyclone Uranium’s website, but can be accessed by signing a non-disclosure agreement with the Company.
An Exploration Target has been calculated for the Project based on interpretation of mineralization as Sandstone-Type Roll Front as follows:
Exploration Target Quantities:
Tonnes Grade % eU3O8 Lower Limit 17,220,000 0.063 Upper Limit 48,900,000 0.056