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Message: Exemplar ‘happy’ with progress at Warmbad
| Exemplar ‘happy’ with progress at Warmbad |
| Written by Administrator |
| Thursday, 09 April 2009 10:23 |
| Xemplar Energy Corp is “pleased” with the progress of the drill programme at the Warmbad uranium project in the south of the country. It said last week that it has identified eight zones of Rössing-style uranium mineralisation and is in the process of extending the size of these zones. Highlights of the 12-hole programme include 92 metres of uranium mineralisation encountered in the Aluriesfontein Area 3 with aggregate U3O8 grades greater than 100 parts per million, of which a width of 41 metres grading 160.5 ppm and with one metre sections with U3O8 mineralisation as high as 609 ppm. Xemplar’s strategy entails exploration drilling to identify additional zones of mineralisation, drilling to extend the size of the eight zones of mineralisation that has been discovered at Aluriesfontein and Big Yellow, and definition drilling to define a resource at one or more of the zones of mineralisation it has identified. Xemplar is a Canadian-based company focused on uranium exploration. Xemplar Energy seeks to identify, acquire and develop uranium projects worldwide that show promise of potentially economic grades and tonnages in a timely, responsible, and cost effective manner. |
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