Terra Uranium achieves success with initial Parker Lake diamond hole
Terra Uranium (ASX: T92) executive chairman Andrew Vigar joins Small Caps to discuss the company’s positive success with its maiden diamond drill hole at the Parker Lake project in the world class Athabasca Basin in Canada.
The company’s maiden diamond hole successfully confirmed the uranium potential at Parker Lake, providing the company with increased confidence at is contemplates a much bigger drilling campaign.
The hole intersected a promising 1.5m section which returned elevated radioactivity readings and a core sample has now been sent off for further analysis with results expected within the next four weeks.
Terra has a busy work campaign mapped out for the next six months including further drill planning, a full district structural analysis and helium sampling.
The ultimate aim is the creation of a 3D earth model to be used in qualifying targets for the next drill campaign.
Articles:
https://smallcaps.com.au/terra-uranium-confirms-uranium-potential-maiden-parker-lake-diamond-hole/
https://smallcaps.com.au/terra-uranium-stepping-up-exploration-activities-athabasca-basin/
For more information on Terra Uranium:
https://smallcaps.com.au/stocks/asx-t92/
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