Titan Uranium has reported the results from the 2010 geophysical exploration surveys in the Athabasca Basin on the company's 100% owned Bishop II, Meanwell and R-Seven projects.
Electromagnetic and resistivity surveys were completed with the objective of detecting conductors and hydrothermal alteration anomalies, respectively, which are typically found associated with fault zones and unconformity-type uranium deposits in the Athabasca Basin.
A number of conductors were located by Max Min Horizontal Loop Electromagnetic (HLEM) surveys on Grid BII_2009-1 and Grid M_2009-1 of the Bishop II/Meanwell projects.
The conductors have been interpreted as steeply dipping conductive structures associated with conductive basement host rocks.
Direct Current (DC) resistivity surveys were able to image the conductivity structure of the earth below Grid BII_2009-1 to a depth of approximately 165m, where a low resistivity ‘chimney’ was detected co-incident with convergent structural lineaments in N70 E, near E-W and NW-SE orientations.
On the R-Seven project, Moving Loop Array Time Domain Electromagnetic (TDEM) surveys were successful in detecting multiple conductors in grid areas ML-1 and ML-2.
As a follow-up to the high priority conductive targets, DC resistivity surveys were performed over a portion of the ML-2 grid area, where a prominent resistivity anomaly was also located in association with two of the conductors.
Follow-up drilling is recommended on the Bishop II, Meanwell and R-Seven projects to test the high-potential targets identified in the 2010 geophysical exploration programs.