Forum Uranium (TSXV:FDC) reported exploration results from its North Thelon project, located in Nunavut. Mapping, prospecting and sampling were completed this summer. The project is located on trend from AREVA’s Kiggavik uranium mine.
As quoted in the press release:
A total of 25 basement and sandstone rock samples were collected and shipped to the Saskatchewan Research Council for geochemical analysis. A new showing at Long Lake returned outcrop and boulder geochemistry with values from 34 to 128ppm U being returned, with associated elements of boron (up to 626ppm), lead (219ppm) and nickel (278ppm) in ‘dirty’ metaquartzites, the same rock type that hosts the Kiggavik deposit. Values of up to 98ppm U were returned from arkosic boulders in the BL-32 area.