Mega Uranium has said that a 3,000m, 12 hole diamond core drilling program has begun at its wholly owned Kintyre Rocks project in Western Australia.
Drilling is on a tenement adjoining the lease containing the Cameco-Mitsubishi joint venture’s 79 million pounds U3O8 Kintyre uranium resource, which is currently in pre-feasibility.
The current core drilling program is supported by a co-funded grant of A$131,150 ($125,162.31) from the Western Australian Department of Mines and Petroleum under its 2010/11 Exploration Incentive Scheme.
Seven holes are testing the Gleneagles prospect, a blind target identified by gravity, airborne and ground electromagnetics, lithological mapping and magnetics.
Earlier drilling has found anomalous base-metal (pathfinder) geochemistry and Kintyre host type lithologies some 500m north of the target.
The geophysical expression of the Gleneagles anomaly is considered to be analogous to a Kintyre style deposit buried some 50m beneath recent barren cover.
In Area 1, another blind target, three holes will follow up on a group of eight Mega holes which intersected Kintyre deposit host stratigraphy comprising graphitic and chloritic schists.
The three additional holes aim to test the potential of this prospective stratigraphic package along strike.
Airborne electromagnetics, airborne magnetics and geological interpretation have identified a large blind target at Southern Cross, approximately 2km east of Mega’s previous drill holes in tenement E45/2690.
The closest hole to this prospect has intersected a wide graphitic schist unit considered to be equivalent to the graphitic units above and below the Kintyre deposit.
The company said that interpretation of the geological data suggests there is potential for uranium mineralization around the margins of a large dome or antiform in the upper part of the Proterozoic Yandagooge Formation (the Kintyre host rocks) under cover of recent aeolian sands.