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Und dieser unfassbare Wert kostet nur 30 Mio Euro.... PARALANA MINERAL SYSTEM SIGNIFICANT INTERCEPTS FROM DRILLING AT MT GEE UPDATE OF CURRENT RESOURCE DRILLING Marathon Resources is pleased to announce that recent drilling at Mt Gee has intersected significant uranium mineralisation in the western part of the deposit. The Mt Gee deposit is part of the11-12 km NE extending uranium-rich Paralana Mineral System within Marathon's 100% owned EL 3258 (Figure 1). Downhole gamma logging results from RC06MN22 and another 12 gamma logged holes of the Mt Gee drilling program (see Summary of Intercepts in the table below) demonstrate the presence of high grade mineralisation and significant thickness of intersections, including: RC06MN17: 98 to 128m: 30m @ 0.08% eU 3 O 8 Including 98 to 104m: 6m @ 0.15% eU 3 O 8 114 to 118m: 4m @ 0.22% eU 3 O 8 RC06MN21: 171 to 188m: 17m @ 0.07% e U 3 O 8 Including 171 to 179m: 8m @ 0.11% eU 3 O 8 RC06MN22: 153 to 230m: 77m @ 0.12% eU (!!!!!!!!!!!) 3 O 8 Including 174 to 185m: 11m @ 0.16% eU 3 O 8 204 to 208m: 4m @ 0.19% eU 3 O 8 RC06MN25: 113 to 182m: 69m @ 0.07% eU 3 O 8 Including 117 to 182m: 5m @ 0.14% eU 3 O 8 It should be emphasised that these results are preliminary and the gamma logging will be confirmed by geochemical analysis. The gamma tool used in the logging program was calibrated at the Adelaide Model test pits prior to the commencement of logging. Analysis of the new drilling data demonstrates that increased thickness and high grade zones are focused approximately 150 m north-west of the area identified by Exoil, CRA (Rio Tinto) and Goldstream Resources in their exploration drilling programs in the past (Figure 2). Results of those programs yielded the chemical analyses indicated below: Exoil MG101: 169.2 to 210.3m 41.1m @ 0.16% U 3 O 8 CRA DD91GE33: 234.0 to 281.1m 47.1m @ 0.16% U 3 O 8 Goldstream PD99GE03: 148.0 to 196.0m 48.0m @ 0.17% U 3 O 8 The new Marathon's drill hole intersections suggest a much larger extent of high grade and very thick mineralisation along the north-west trend, as previously interpreted based on historical drilling results, and the results are consistent with the Company's exploration and resource model of the deposit. The purpose of the current drilling is to upgrade the resource definition of the Mt Gee deposit from inferred to indicated and/or measured category. During the period 17.11 - 18.12.2006, the first 18 drill holes, all located in the western part of the deposit, for about 3,500 m RC drilling of the 93 Marathon Resources Ltd ABN 31 107 531 822 10 George Street Stepney SA 5069 T 08 8366 2500 F 08 8362 5955 admin@marathonresources.com.au www.marathonresources.com.au 2 hole 20,000 m drilling program, were completed. Some 2,000 samples from the 18 holes drilled up to date were sent to the assay laboratory. The results of the laboratory analyses will be released from time to time in 2007 as soon as they become available. The Mt Gee deposit, with its Inferred Resource of 45.5 million tonnes of uranium mineralisation averaging 0.068% U , or 69 million pounds of contained U , is one of Australia's largest undeveloped uranium deposits. As noted in the Company's ASX Release of 19 December 2006, the current drilling program at Mt Gee was suspended on 18 December 2006 for the Christmas break with 18 holes completed. Drilling recommenced on 4 January 2007. |
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| aus der Diskussion: | Marathon Resorces: Gewaltige Uranmengen in Australien! |
| Autor (Datum des Eintrages): | Panem (09.01.07 09:14:45) |
| Beitrag: | 5 von 205 (ID:26784531) |
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