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Western Athabasca Syndicate Discovers New PLS-Area Conductors and Adds Drill Targets at Preston Project

Written by Kristen Moran
|
Jun. 01, 2015 04:00PM PST

Skyharbour Resources (TSXV:SYH) announced the results from ground based horizontal loop electromagnetic (HLEM) surveys completed as part of a recently-completed exploration program at the Preston uranium project.

Skyharbour Resources (TSXV:SYH) announced the results from ground based horizontal loop electromagnetic (HLEM) surveys completed as part of a recently-completed exploration program at the Preston uranium project.

As quoted in the press release:

Based on the combined results of the 2014-2015 gravity and RadonEx surveys, six high priority targets were identified on which ground-based HLEM surveys were performed. Grids totaling 12.5 line-km were surveyed at the Syndicate’s high-priority FSA, FIN, Dixon, and Canoe targets.

The HLEM surveys have now confirmed the presence of moderate to strong steep southeast-dipping conductors underlying the FSA, Dixon and Canoe targets. The conductors are indicative of significant faulting, graphitic-bearing rocks or geological contacts all of which may lead to the potential concentration of uranium mineralization. Anomalous RadonEx results from the 2014 and 2015 surveys within these conductor zones significantly enhance their uranium-hosting potential. The Canoe target is a particularly noteworthy target based on radon results of up to 55 pCi/l returned above the LCE-grid conductor trace array.

The results from the most recently-completed geophysical surveys, combined with exploration results from previous field work, are being used to prioritize and refine targets for a proposed drill program in July and August 2015 at the Preston Uranium Project. Details on this summer exploration and drill program are forthcoming.

Click here to read the full Skyharbour Resources (TSXV:SYH) press release.

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