Southern Geoscience Consultants are excited to report that 92 Energy Limited Uranium Exploration Company (ASX:92E) have discovered basement hosted Uranium Mineralisation at their Gemini Project in Canada’s Athabasca Basin. The discovery hole targeted a VTEM conductor identified in the recently completed survey.
Drill hole GEM-004 intersected 5.5m of 0.12% U3O8 (1,200 ppm U3O8), including 1.0m of 0.28% U3O8 (2,800 ppm U3O8). The highest-grade assay within this sub-interval is 0.5m of 0.36% U3O8 (3,600 ppm U3O8) from 234.5 to 235.0m.
SGC Principal Geophysicist Brett Adams is managing the ongoing geophysical efforts at the Gemini project.