KELOWNA, BC, April 8, 2014
/CNW/ - MPVC Inc. (TSXV : UNO) ("MPVC", the "Company") is
pleased to report the receipt of highly anomalous radon results of
a recently completed, land-based survey over the Maguire Lake area.
This is located within the Company's Northwest Manitoba Uranium
project which was recently optioned from CanAlaska Uranium
Limited.
Radon Survey Result Highlights
The radon survey was undertaken using 3,550 cups from AlphaTrack
Services Ltd every 25m along lines spaced 200m apart covering a 3 x
10km area. This is one of 7 anomalous areas within the
project previously outlined by CanAlaska. This radon survey
has defined a number of distinct anomalies:
- Long linear trends, with strike lengths in some cases over 4km
and approximately 100 to 200 meters wide. These anomalies
appear to be conformable to the other geophysical anomalies, such
as the VTEM and aeromagnetic data.
- Areas (approximately 400 by 800 meters) of significantly
elevated radon flux (in excess of three times background). A
number of these are coincident with known gravity lows and
resistivity lows previously identified at Maguire Lake. The largest
anomalous zone outlined is located on the southeast shore of
Maguire lake in an area previously not known to be mineralized.
Values in this new zone are typically 3 to 4 times background
with a high of 1484 T/mm2. (10 times background).
- Islands within Maguire Lake; one island in particular appears
to exhibit noticeable elevated radon levels and this island has
numerous mineralised boulders (up to 66%
U3O8) on it as well as radioactive outcrops
(up to 9.5% U3O8). Such mineralised
outcrops are evident on two of the larger islands and both of these
islands have elevated radon values.
Property Geology
This survey was conducted on a small portion of the 143,603
hectare project located along the Saskatchewan/Manitoba border. The licences are located
along an extension of a trend which contains most of the
significant uranium mines and deposits within Saskatchewan.
An airborne VTEM survey of the licences defined a 35km long linear
conductor traversing the project which is interpreted to reflect a
graphitic unit which would be a strong reductant which is important
for the formation of uranium mineralization. The project area
is underlain by rocks of the lower Proterozoic-age Wollaston
domain, comprising pelites, graphitic pelites and calc-silicates
similar to those associated with the uraniferous unconformity zones
found in Saskatchewan's
Athabasca basin. A significant
difference is that uranium mineralization outcrops within our
project area rather than being deeply buried as is the case with
many deposits in the basin.
Fundamentals of the Radon Technique
The use of radon gas detectors to identify uranium
mineralization is well known and has been in use since the 1960's.
As uranium decays daughter products are produced which
include radon gas. Radon is itself radio-active with a
half-life of 3.8 days and as it decays it emits alpha
particles. As a gas Radon has much greater mobility
than uranium and radium, which are essentially fixed as solid
matter in rocks and soils. Radon migrates to the surface
through fractures and pore spaces and the greater the porosity and
degree of fracturing the further it can travel before the radon gas
decays. Due to differences in the rate of radon gas travel,
atmospheric effects and the ground water table radon results are
qualitative rather than quantitative. The radon method has
become a primary exploration tool in the Athabasca Basin and has successfully
identified buried uranium occurrences in many geological
environments including the recent Paterson Lake South (Fission
Uranium Corp) discovery.
The AlphaTrack method uses alpha particle-sensitive film
attached to the inside of a small plastic sample cup. When an alpha
particle hits the film it leaves a "track". The cups are
buried for approximately 30 days after which they are retrieved and
returned to AlphaTrack Services Limited. The detectors are
then processed and the number of "tracks" are recorded. The number
of tracks counted per square millimetre (T/mm2) is
proportional to the radon level in the hole in which the cup is
placed. These results are normalized to 30 days exposure.
Maguire Lake Radon Results
In general, the AlphaTrack radon results from Maguire Lake have
revealed a number of patterns that are consistent with the known
geological and geophysical trends and mineralised outcrops. Many
significant radon anomalies have been identified, some of these
correspond to known geological features and some are new. The
results are best evaluated in comparison to the background value,
which at Maguire Lake is approximately 150 T/mm2.
The individual cup readings varied from less than 10
T/mm2 up to 3,306 T/mm2. The
distribution of results is shown in the table below:
Number of
Detectors
|
Times Background
(greater
than
150 T/mm2
|
395
|
2x
|
130
|
3x
|
63
|
4x
|
30
|
5x
|
14
|
6x
|
8
|
7x
|
3
|
8x
|
3
|
9x
|
2
|
10x
|
1
|
22x
|
A number of radon trends observed are open ended both to the
south-west and to the north-east as are the other geophysical
trends (VTEM and aeromagnetics). Further work needs to be
done to determine the nature and extent of these anomalies.
Summary Upcoming Work
The Company's geologic team is most encouraged by the
distribution of radon, resistivity, magnetic and gravity anomalies
which are prime drill targets for uranium mineralization.
The next stage in the Company's exploration program at Maguire
Lake is to carry out a radon survey in the lake itself.
Radonex Ltd. has been contracted to commence this survey
immediately. Once completed this data together with the
land-based AlphaTrack data will provide a radon flux map for the
entire area.
A drill program is planned to commence at the end of April once
the Radonex survey over Maguire lake is nearing completion.
Drilling permits are in place and valid until July 2014.
The technical information and results reported here have been
reviewed by Chad Ulansky, PGeol, a
qualified person under National Instrument 43-101, who is
responsible for the technical content of this release.
Dr. Charles
Fipke
Consultant Geologist
SOURCE MPVC Inc.