Exploring for uranium has long been a difficult task with no guarantee of success. However, recent exploration efforts in Canada’s Thelon Basin Project have yielded promising results.
GodzillaNEWZ recently reported on a major mineral intersection that was discovered by Forum Energy Metals, and segment information from the Thelon Basin Project in Nunavut, Canada.
The mineral intersection was identified within a set of channel samples and was reported to have an anomalous mineralized uranium that extended up to 11.1 metres in depth. The test was conducted by Forum Energy Metals in the 2020 summer field program which indicated the potential presence of uranium in the area. The mineralization was identified from uranium in a series of channel samples measuring 18 metres in length.
The mineralization features an average grade of 0.102% U3O8 over 11.1 metres of continuous mineralization, as well as a notable uranium-bearing mineral path from 0.012% U3O8 up to 0.263% U3O8 within the 11.1 metres of mineralization.
The mineral intersection was identified in one of Forum Energy Metals’ high-priority targets based on the review of radiometric datasets and drill targets from a previous exploration program on the Thelon Basin Project. Forum Energy Metals is now conducting detailed prospect-scale mapping and sampling with the goal to further identify and prioritize targets.
Based on these recent findings, Forum Energy Metals believes this mineral intersection in the Thelon Basin Project is an indication of the potential for more discoveries in the region. With the right technology and continued exploration efforts, uranium mining may soon become a viable industry in the region.
Overall, this development is an exciting find and marks a positive step forward in the exploration of the region. Forum Energy Metals is optimistic that this is the beginning of a larger effort to uncover more potential mineralized uranium deposits in the region.
