Owner
Post by Franko10 ™ on Sept 27, 2005 11:33:56 GMT -5
United Carina defines three U targets in Saskatchewan
2005-09-27 13:18 ET - News Release
Mr. Rick Walker reports
SANDSTONE BOULDER SAMPLING SUCCESSFULLY DEFINES THREE URANIUM TARGETS IN THE HATCHET / WOLLASTON LAKE AREA OF NORTHERN SASKATCHEWAN
United Carina Resources Corp. has received favourable results from the 2005 boulder sampling program on its uranium property situated along the eastern edge of the Athabasca basin, in the Wollaston Lake area of Northern Saskatchewan. The property is located approximately 30 kilometres north of major uranium production centres near the Rabbit Lake and McClean Lake mills and theirsillyociated high-grade unconformity uranium deposits.
The recent exploration program consisted of sampling Athabasca sandstone boulders for geochemical analysis. Sandstone boulder geochemistry is used to map regional variations in clay minerals and trace element levels to detect hydrothermal alterationsillyociated with unconformity-type uranium mineralization. Important alteration signatures in this part of the Athabasca basin are elevated proportions of illite and chlorite clays and above background geochemistry for boron, lead, arsenic, molybdenum and uranium.
Previous work identified five areas requiring detailed exploration. This summer's exploration program highlighted three areas (areas A, G and a new area -- Le Drew) having anomalous sandstone boulder geochemistry defining target areas for follow-up exploration.
Area A
Encouraging results were obtained south of Hatchet Lake in an area west of Turkey Lake. Sandstone boulders were found exhibiting alteration features and geochemistry common to all the unconformity-related deposits in the eastern Athabasca basin.
Sandstone boulders found at one sample site have outstanding visual alteration features, including gray pyritic sandstone, silicified sandstone and a boulder with secondary hydrothermal hematite. Boulders in the area have anomalous geochemistry, with boron values up to 26 parts per million (median six parts per million), uranium values up to 0.67 part per million (median 0.21 part per million), lead values up to 0.96 part per million (median 0.53 part per million) and arsenic values up to 0.5 part per million (median 0.2 part per million). The sandstone is moderately illitic.
Immediately up-ice from the site and within the overall geochemical anomaly are two untested geophysical conductors. These conductors occur 10 kilometres along strike of Areva's Moonlight zone, which has intersections up to 1.76 per cent U per 1.5 metres.
Sandstone thickness in the area of the conductors is estimated to be 50 metres.
Area G
Boulder sampling identified target area G along the eastern edge of the Athabasca sandstone, south of Tromberg Bay. Geochemical values are up to 0.31 part per million uranium (median 0.21 part per million), up to 31 parts per million boron (median six parts per million) and the sandstone is strongly illitic. These values aresillyociated with an untested geophysical conductor.
Le Drew
Boulder sampling highlighted the Le Drew Lake area, near the edge of the Athabasca sandstone. Previous work identified outstanding radon-in-water (uranium pathfinder) anomalies. These were interpreted to coincide with the junction of two major fault systems. The boulder sampling confirms the presence of anomalous uranium values up to 0.89 part per million (median 0.21 part per million) and anomalous lead up to 1.17 parts per million (median 0.53 part per million). A weak, untested geophysical conductor is closelysillyociated with the anomalous boulders.
The boulder sampling program found several other areas weakly anomalous in trace elements and these require more work. One of these is the South Bear property, with uranium values up to 0.56 part per million (median 0.21 part per million), lead up to 2.83 parts per million (median 0.53 part per million) and one sample with 0.4 molybdenum (median 0.05 part per million).
United Carina plans to establish ground grids and complete geophysical surveys over the three target areas as soon as logistically possible. Following data interpretation, the resulting targets will be drill tested.
The Hatchet Lake property is currently 100 per cent owned by United Carina and consists of four claim blocks, totalling 41,864 acres. Entourage Mining Ltd. is earning a 20-per-cent interest in the property and CMKM Diamonds Inc. (Pink Sheets: CMKX) is earning a 40-per-cent interest in the property. When the earn-ins have been completed, the property ownership will be: United Carina Resources, 40 per cent: CMKM Diamonds, 40 per cent; and Entourage Mining, 20 per cent.
The qualified person responsible for the technical information in this news release is Daniel Studer, PGeo. All samples were analyzed at the Saskatchewan Research Council (SRC) geoanalytical laboratories.
2005-09-27 13:18 ET - News Release
Mr. Rick Walker reports
SANDSTONE BOULDER SAMPLING SUCCESSFULLY DEFINES THREE URANIUM TARGETS IN THE HATCHET / WOLLASTON LAKE AREA OF NORTHERN SASKATCHEWAN
United Carina Resources Corp. has received favourable results from the 2005 boulder sampling program on its uranium property situated along the eastern edge of the Athabasca basin, in the Wollaston Lake area of Northern Saskatchewan. The property is located approximately 30 kilometres north of major uranium production centres near the Rabbit Lake and McClean Lake mills and theirsillyociated high-grade unconformity uranium deposits.
The recent exploration program consisted of sampling Athabasca sandstone boulders for geochemical analysis. Sandstone boulder geochemistry is used to map regional variations in clay minerals and trace element levels to detect hydrothermal alterationsillyociated with unconformity-type uranium mineralization. Important alteration signatures in this part of the Athabasca basin are elevated proportions of illite and chlorite clays and above background geochemistry for boron, lead, arsenic, molybdenum and uranium.
Previous work identified five areas requiring detailed exploration. This summer's exploration program highlighted three areas (areas A, G and a new area -- Le Drew) having anomalous sandstone boulder geochemistry defining target areas for follow-up exploration.
Area A
Encouraging results were obtained south of Hatchet Lake in an area west of Turkey Lake. Sandstone boulders were found exhibiting alteration features and geochemistry common to all the unconformity-related deposits in the eastern Athabasca basin.
Sandstone boulders found at one sample site have outstanding visual alteration features, including gray pyritic sandstone, silicified sandstone and a boulder with secondary hydrothermal hematite. Boulders in the area have anomalous geochemistry, with boron values up to 26 parts per million (median six parts per million), uranium values up to 0.67 part per million (median 0.21 part per million), lead values up to 0.96 part per million (median 0.53 part per million) and arsenic values up to 0.5 part per million (median 0.2 part per million). The sandstone is moderately illitic.
Immediately up-ice from the site and within the overall geochemical anomaly are two untested geophysical conductors. These conductors occur 10 kilometres along strike of Areva's Moonlight zone, which has intersections up to 1.76 per cent U per 1.5 metres.
Sandstone thickness in the area of the conductors is estimated to be 50 metres.
Area G
Boulder sampling identified target area G along the eastern edge of the Athabasca sandstone, south of Tromberg Bay. Geochemical values are up to 0.31 part per million uranium (median 0.21 part per million), up to 31 parts per million boron (median six parts per million) and the sandstone is strongly illitic. These values aresillyociated with an untested geophysical conductor.
Le Drew
Boulder sampling highlighted the Le Drew Lake area, near the edge of the Athabasca sandstone. Previous work identified outstanding radon-in-water (uranium pathfinder) anomalies. These were interpreted to coincide with the junction of two major fault systems. The boulder sampling confirms the presence of anomalous uranium values up to 0.89 part per million (median 0.21 part per million) and anomalous lead up to 1.17 parts per million (median 0.53 part per million). A weak, untested geophysical conductor is closelysillyociated with the anomalous boulders.
The boulder sampling program found several other areas weakly anomalous in trace elements and these require more work. One of these is the South Bear property, with uranium values up to 0.56 part per million (median 0.21 part per million), lead up to 2.83 parts per million (median 0.53 part per million) and one sample with 0.4 molybdenum (median 0.05 part per million).
United Carina plans to establish ground grids and complete geophysical surveys over the three target areas as soon as logistically possible. Following data interpretation, the resulting targets will be drill tested.
The Hatchet Lake property is currently 100 per cent owned by United Carina and consists of four claim blocks, totalling 41,864 acres. Entourage Mining Ltd. is earning a 20-per-cent interest in the property and CMKM Diamonds Inc. (Pink Sheets: CMKX) is earning a 40-per-cent interest in the property. When the earn-ins have been completed, the property ownership will be: United Carina Resources, 40 per cent: CMKM Diamonds, 40 per cent; and Entourage Mining, 20 per cent.
The qualified person responsible for the technical information in this news release is Daniel Studer, PGeo. All samples were analyzed at the Saskatchewan Research Council (SRC) geoanalytical laboratories.
