The Conversation (0)
Forum Uranium Corp.’s (TSXV:FDC) has identified five major structural trends with reactivated graphitic shear zones, alteration, and areas of localized radioactivity during its winter drill program on its wholly owned Clearwater Property. Following these positive results, the camp and drill will be left on site to help expedite and minimize start-up costs for a follow-up summer program.
As quoted in the press release:
Regional exploratory drilling of gravity and electromagnetic targets intersected brecciated graphite/pyrite in reactivated faults on all electromagnetic conductor targets (Figure 1). Two drill holes (CW-07 and CW-08) returned a mix of strong chloritization, variable bleaching and localized secondary hematite, indicating oxidized fluids (Figure 2). Two holes, CW-05 (Mongo target) on the interpreted south-west extension of the Patterson Lake structure and CW-09 on the eastern “arm” returned elevated radioactivity. The Mongo hole returned minor graphite, brittle/ductile breccia zones and a local radioactive peak of 300cps. Numerous targets along the 3km long Mongo trend remain. Hole CW-09 intersected strongly altered and corroded, weakly graphitic pelitic gneiss with locally elevated radioactivity of up to 300cps. Further drilling in both these areas has been recommended by Forum’s technical team.
Click here to read the Forum Uranium (TSXV:FDC) press release