Aldrin Resumes Drilling on the Triple M Uranium Property
13 Maio 2014 - 10:00AM
Marketwired
Aldrin Resumes Drilling on the Triple M Uranium Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2014) -
Aldrin Resource Corp. ("Aldrin") (TSX-VENTURE:ALN) is pleased to
report the resumption of the drill program on its Triple M Property
in northern Saskatchewan. The drill was suspended on April 15th due
to snow melting conditions, and is moving back to the next drill
collar location today as the field site has dried out.
Aldrin's Triple M Property is adjacent to Fission Uranium
Corporation's spectacular high-grade uranium discovery at Patterson
Lake which occurs on structures parallel to our targets.
Before resumption, four holes comprising less than 25% of the
planned 4,000 m drill program had been completed The completed
drill holes have focussed on the Forrest Lake Fault target, and
have intersected locally brecciated pelitic gneiss, with extensive
chlorite and pyrite alteration. The last completed hole
(ALN140-004; total depth 339.4 m) intersected two graphitic fault
zones with elevated radioactivity as detected by handheld
scintillometers (model RS125). At least the next four drill holes
will test the same Forrest Lake Fault zone along strike, moving
towards the most intense part of the basement conductive anomaly
following resumption of the program. Depth to basement on the
Triple M Property is shallow by Athabasca Basin standards at
between 135 and 145 m.
Following completion of the next four drill tests of the Forrest
Lake Fault, the program will move to the Anticline target, which
features a strong sub-horizontal conductor, with coincident gravity
low and radon high anomalies. The Anticline Target is on land and
like the Forrest Lake Fault target will be accessible to drilling,
once the ground dries out.
Samples of the pelitic gneiss, breccia, and graphitic fault
zones have been delivered to the Saskatchewan Research Council
laboratory in Saskatoon for analyses, and results will be reported
as soon as available.
Johnathan More, Aldrin's CEO and Director remarked, "I am
excited to resume our drill program after this short break to let
the ground dry out. We now get to test the most intense conductor
on the Forest Lake Fault, and the even stronger conductor on the
Anticline Target, knowing that both areas have the potential to
yield a high-grade uranium discovery."
Dr. Cookenboo is a Qualified Person (QP) by the standards of
National Instrument 43-101. He has reviewed the technical data
described above and approves the contents of this news release.
ON BEHALF OF THE BOARD
Johnathan More, CEO and Director
Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
Aldrin Resource Corp.(604) 687-7741(604) 681-0796
Aldrin Resources Corp. (TSXV:ALN)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Aldrin Resources Corp. (TSXV:ALN)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024