www.NUINSCO.ca
6
Nuinsco’s Diabase Peninsula
uranium project is located
about 150 kilometres
northwest of La Ronge,
Saskatchewan on the edge of
the Athabasca Basin, which
hosts the world’s richest
uranium mines. It encompasses a 35 km
strike length of the regional-scale Cable
Bay Shear Zone deformation zone in
the basement rock units below the basin
sandstone - considered to be a potentially
significant structure for the localization and
deposition of uranium mineralization.
Exploration work on the 21,000 hectare
Diabase Peninsula Project, situated
approximately five kilometres north of
the southern boundary of the Athabasca
Basin, has included 42 drill holes totalling
17,356
m. Of these, a remarkable 33% have
returned samples with uranium content
exceeding 50ppm and 67% have returned
values greater than 10ppm uranium
(
uranium values exceeding 10ppm suggest
the presence of a uranium mineralizing
event and the distinct possibility of a
lens of uranium mineralization in the
immediate vicinity). These positive results
serve to further reinforce and highlight
the outstanding scale of uranium
mineralization at Diabase.
Drilling has encountered highly-
anomalous uranium values of up to 707
parts per million (ppm) uranium (0.083%
U
3
O
8
)
located at or near the contact
between the sandstone layer and underlying
graphite-bearing basement rocks (the
“
Unconformity”), which is the prime site
for the occurrence of uranium deposits
in the Athabasca Basin.
In the most recent drill program,
uranium values peaked at 55.94ppm over
6.9
m, including individual intervals grading
134
ppm and 181ppm uranium. Results like
these continue to highlight the exploration
potential of the Diabase Peninsula property.
Location:
Athabasca Basin
Saskatchewan, Canada
Ownership:
89%
Commodity:
U
Project Status: Exploration
diabase peninsula
saskatCheWan
Drilling at Diabase