Cable Bay Shear Zone Lights Up With Strongly Anomalous Radon at Carpenter Lake Property, Athabasca Basin, Saskatchewan
14 Abril 2014 - 8:45AM
Marketwired
Cable Bay Shear Zone Lights Up With Strongly Anomalous Radon at
Carpenter Lake Property, Athabasca Basin, Saskatchewan
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 14, 2014) - Noka
Resources Inc. (TSX-VENTURE:NX)(FRANKFURT:2NK) ("Noka") is pleased
to announce that a radon in lake water and sediment survey has been
completed at Carpenter Lake, Athabasca Basin, Saskatchewan as part
of Alpha Exploration Inc.'s (TSX-VENTURE:AEX) Option Agreement to
earn a 60% interest in the Carpenter Lake Property from Noka. The
radon survey was conducted by RadonEx Exploration Management of St.
Lazare, Quebec, and comprised 895 sample locations over a 16 km
strike length of the Cable Bay Shear Zone ("CBSZ") within six grids
(A to F) on the 20,637 hectare Property.
The radon survey tested electromagnetic ("EM") conductors
covered by water bodies that were confirmed in a detailed airborne
VTEM and magnetic survey completed in February 2014 by Aeroquest
International Limited. Detailed grids were laid out for radon in
lake water and sediment sampling focussed on cross structures
apparent from flexures and breaks in the EM conductors. This is the
same technology developed by Alpha Minerals and RadonEx Management
that the Alpha Joint Venture ("JV") used in the discovery of the
high-grade and shallow uranium mineralization at Patterson Lake
South.
Radon results by each grid follow:
- Grid A shows two trends with weakly to strongly anomalous radon
values within the CBSZ that have strike lengths of over 460 m and
580 m. Radon values range from -40 pCi/L to 67 pCi/L.
- Grid B is located north of the CBSZ, and returned multiple
strongly anomalous radon values associated with kinked VTEM
conductors. Radon values range from -41 pCi/L to 45 pCi/L.
- Grid C contains strongly anomalous radon values within three of
the four lakes tested within the CBSZ. One of these lakes runs
parallel to a VTEM conductor, and shows strong radon values up to
264 pCi/L over a 550 m strike length. Radon values range from -18
pCi/L to 264 pCi/L.
- Grid D shows strongly anomalous radon values in five out of
five lakes tested within the CBSZ. Radon values range from -31
pCi/L to 59 pCi/L.
- Grid E covers Esker Lake which is situated along the CBSZ, and
shows numerous strong radon anomalies located above VTEM conductors
that range from -40 pCi/L to 108 pCi/L.
- Grid F is located north of the CBSZ on Carpenter Lake, and
shows several strong radon anomalies associated with a broken up
and displaced VTEM conductor. Radon values range from -27 pCi/L to
337 pCi/L. Carpenter Lake has the highest radon in water value and
historical lake sediment uranium concentration on the
Property.
Updated maps showing the Radon In Water and VTEM can be found at
the Noka website:
http://nokaresources.com/index.php/projects/clearwater
A total of 60 lake sediment samples were recovered, and have
been submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC
17025: 2005 Accredited Facility) of Saskatoon for analysis, which
includes a 63 element ICP-OES, and uranium by ICP-MS. These
geochemical results will be reported when they become
available.
Summer exploration at Carpenter Lake will include a detailed
high-resolution airborne gamma radiation spectrometric survey
(radiometrics), which has a demonstrated capability to locate near
surface uranium boulders, such as those located by Alpha's VP of
Exploration on the Patterson Lake South (PLS) property in June
2011. Those boulders were located down ice from the very large,
high grade mineralization discovery by Alpha Minerals JV at PLS.
The survey will be covering historical regional scale radiometric
surveys that indicate several anomalous radioactive centres. The
detailed radiometric survey will be followed by ground prospecting,
geochemical and radon sampling.
About Noka Resources Inc.:
Noka Resources Inc. is a junior exploration company with a focus
on uranium in the prolific Athabasca Basin, Northern Saskatchewan.
Noka's exploration strategy is focused in relatively underexplored
areas of the Athabasca Basin Region, targeting favourable geology
and structure amenable to near surface, unconformity-style uranium
mineralization.
With a total land position of 488,463 hectares, Noka holds one
of the largest geologically prospective land packages in the region
through a 100% interest in the Clearwater (which includes the
Carpenter Lake) and Athabasca North group of properties, as well as
a 25% interest in the Western Athabasca Syndicate group of
properties.
For further information, please visit www.nokaresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS |
|
"Nav Dhaliwal" |
|
Nav Dhaliwal |
President and CEO |
Neither 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.
This release includes certain statements that may be deemed
to be "forward-looking statements". All statements in this release,
other than statements of historical facts, that address events or
developments that management of the Company expects, are
forward-looking statements. Although management believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, and actual results or developments may differ
materially from those in the forward-looking statements. The
Company undertakes no obligation to update these forward-looking
statements if management's beliefs, estimates or opinions, or other
factors, should change. Factors that could cause actual results to
differ materially from those in forward-looking statements, include
market prices, exploration and development successes, continued
availability of capital and financing, and general economic, market
or business conditions. Please see the public filings of the
Company at www.sedar.com for further information.
Nav DhaliwalPresident and CEO(604)
678-5308nav@nokaresources.com
Noka Resources Inc. (TSXV:NX)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Noka Resources Inc. (TSXV:NX)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024