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Post by Franko10 ™ on Nov 1, 2005 9:08:51 GMT -5
Consolidated Pine intersects good uranium properties
2005-10-31 12:45 ET - News Release
Mr. Richard Walker reports
Consolidated Pine Channel Gold Corp. is releasing favourable results from two of its uranium properties situated in the northern part of the Athabasca basin in Northern Saskatchewan. The properties are located approximately seven kilometres west of Stony Rapids and 11 kilometres northwest of UEX Black Lake project's discovery. This discovery consists of unconformity-type uranium mineralization grading 0.694 per cent U3O8 over 4.4 metres at a vertical depth of 310.5 metres.
The recent exploration program consisted of: 1) sampling Athabasca sandstone boulders for geochemical analysis; and 2) collecting soil samples for an analytical process known as enzyme leach. Sandstone boulder geochemistry is used to map regional variations in clay minerals and trace-element levels to detect hydrothermal alteration associated 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.
Enzyme leach locates extremely subtle geochemical anomalies developed in B horizon soils over and around blind deposits. It tends to detect the very subtle trace element signatures that have been added to the soil by elements migrating to the surface through a variety of mechanisms. Trace amounts of amorphous mixed-oxide coatings in soil act as an effective long-term integrating collector of this subtle flux of cations, anions and polar molecules passing through the soil. By selective removal of the amorphous manganese dioxide from these coatings, the mixed oxide coatings collapse, releasing trapped trace elements.
Boulder sampling
Encouraging results were obtained seven kilometres west of Stony Rapids on claim block S-107980. Sandstone boulders have anomalous geochemistry, with uranium values up to 1.22 ppm (median 0.18 part per million), lead values up to 2.48 ppm (median 0.45 part per million), boron values up 30 ppm (median nine ppm) and arsenic values up to 1.5 ppm (median 0.3 part per million). The sandstone is strongly chloritic.
Immediately up ice from the geochemical anomaly is a weak untested geophysical conductor, which should be drill tested.
Sandstone thickness in the area of the conductor is estimated to be 50 metres or less.
Enzyme leach
Soil samples were collected for enzyme leach above and around a weak geophysical conductor associated with an interpreted fault scarp seven kilometres west of Stony Rapids on claim block S-108135. Enzyme leach results show that the area above the conductor is geochemically elevated in uranium, cobalt, nickel, thorium, copper, molybdenum, arsenic, tungsten and yttrium. Sandstone thickness in the area of the conductor is estimated to be 150 metres. The conductor is a viable drill target.
Consolidated Pine Channel plans to establish ground grids and complete geophysical surveys over the two target areas in 2006. Following data interpretation, the resulting targets will be drill tested.
The qualified person responsible for the technical information in this news release is R. Daniel Studer, PGeo. Samples were analyzed at the Saskatchewan Research Council (SRC) geoanalytical laboratories in Saskatoon and at Activation Laboratories Ltd. (Actlabs) in Ancaster, Ont.
2005-10-31 12:45 ET - News Release
Mr. Richard Walker reports
Consolidated Pine Channel Gold Corp. is releasing favourable results from two of its uranium properties situated in the northern part of the Athabasca basin in Northern Saskatchewan. The properties are located approximately seven kilometres west of Stony Rapids and 11 kilometres northwest of UEX Black Lake project's discovery. This discovery consists of unconformity-type uranium mineralization grading 0.694 per cent U3O8 over 4.4 metres at a vertical depth of 310.5 metres.
The recent exploration program consisted of: 1) sampling Athabasca sandstone boulders for geochemical analysis; and 2) collecting soil samples for an analytical process known as enzyme leach. Sandstone boulder geochemistry is used to map regional variations in clay minerals and trace-element levels to detect hydrothermal alteration associated 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.
Enzyme leach locates extremely subtle geochemical anomalies developed in B horizon soils over and around blind deposits. It tends to detect the very subtle trace element signatures that have been added to the soil by elements migrating to the surface through a variety of mechanisms. Trace amounts of amorphous mixed-oxide coatings in soil act as an effective long-term integrating collector of this subtle flux of cations, anions and polar molecules passing through the soil. By selective removal of the amorphous manganese dioxide from these coatings, the mixed oxide coatings collapse, releasing trapped trace elements.
Boulder sampling
Encouraging results were obtained seven kilometres west of Stony Rapids on claim block S-107980. Sandstone boulders have anomalous geochemistry, with uranium values up to 1.22 ppm (median 0.18 part per million), lead values up to 2.48 ppm (median 0.45 part per million), boron values up 30 ppm (median nine ppm) and arsenic values up to 1.5 ppm (median 0.3 part per million). The sandstone is strongly chloritic.
Immediately up ice from the geochemical anomaly is a weak untested geophysical conductor, which should be drill tested.
Sandstone thickness in the area of the conductor is estimated to be 50 metres or less.
Enzyme leach
Soil samples were collected for enzyme leach above and around a weak geophysical conductor associated with an interpreted fault scarp seven kilometres west of Stony Rapids on claim block S-108135. Enzyme leach results show that the area above the conductor is geochemically elevated in uranium, cobalt, nickel, thorium, copper, molybdenum, arsenic, tungsten and yttrium. Sandstone thickness in the area of the conductor is estimated to be 150 metres. The conductor is a viable drill target.
Consolidated Pine Channel plans to establish ground grids and complete geophysical surveys over the two target areas in 2006. Following data interpretation, the resulting targets will be drill tested.
The qualified person responsible for the technical information in this news release is R. Daniel Studer, PGeo. Samples were analyzed at the Saskatchewan Research Council (SRC) geoanalytical laboratories in Saskatoon and at Activation Laboratories Ltd. (Actlabs) in Ancaster, Ont.
