Canadian energy firm Forum Uranium has identified five major structural trends, radioactivity and alteration at its Clearwater project located adjacent to the southwest of Fission Uranium's Patterson Lake South (PLS) discovery in the Athabasca basin, Canada.
The company has completed nine holes totaling 2,310m on nine separate targets.
Two drill holes (CW-07 and CW-08) have a mixture of chloritisation, bleaching and secondary hematite, indicating oxidised fluids, while the other two holes, CW-05 (Mongo target) and CW-09 returned elevated radioactivity.
With a radioactive peak of 300cps, the Mongo hole has minor graphite, brittle/ductile breccia zones.
Forum Uranium Exploration vice president Ken Wheatley said the combination of sub-vertical reactivated graphitic shear zones, intense alteration in the upper sections of the holes and the occasional occurrence of secondary hematite is indicative of the type of environment for transporting uranium bearing fluids.
"We still have plenty of targets to drill along these structural corridors on the northern claim, and have yet to begin drilling the southern claims with their conductive trends, airborne radiometric anomalies and high uranium values in the lake sediments," Wheatley said.
Forum Uranium had commenced drilling programme at the Clearwater property in February.
Image: Forum Uranium has completed nine holes totaling 2,310m on nine separate targets at Clearwater project. Photo: courtesy of Forum Uranium Corp.