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Mega Uranium Ltd. (TSX:MGA) and Forum Uranium Corp. (TSXV:FDC) announced it has started a 1,300 metre drill program in the Athabasca property.
Mega Uranium Ltd. (TSX:MGA) and Forum Uranium Corp. (TSXV:FDC) announced it has started a 1,300 metre drill program in the Athabasca property.
As quoted in the press release:
The NW Athabasca property hosts the Maurice Bay deposit (historical resource* of 1.5 million pounds uranium at 0.6% U3O8). The positive results returned from the drill program completed in March 2012, including the discovery of the Opie Zone (0.142% U3O8 over 7.6 metres), has encouraged Forum and Mega to step up exploration of the property. All targets are similar to Cameco’s Millennium deposit and Rio Tinto’s Roughrider deposit and at much shallower depths (less than 100 metres).