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K4
K4-URANIUM TARGET AREA:
The K4 target area is located approximately 2 kilometers east-southeast of the Eldorado/Echo Bay uranium-silver mines. Sampling and mapping indicated potential for high-grade uranium veins along east to northeast trending fractures in andesitic tuffs and breccias within zones of strong potassic-hematitic alteration. The 2008 drilling program at the K4 uranium target area consisted of six holes for a total of 536 meters. Drill hole K4-08-01, 08-02, 08-03 located near the west end of the target area, intercepted numerous intervals of significant copper-silver mineralization with some intervals accompanied by anomalous uranium. Drill holes K4-08-04, and 08-05 located in the central part of the target area, intercepted a number of intervals of significant copper-silver mineralization (see highlights below). Drill hole K4-08-06, at the east end of the target area, encountered only scattered mineralization.
Assay highlights from the 2008 drilling program at K-4 area:
Drill Hole |
From |
To |
Interval |
Cu |
Pb |
Zn |
Ag |
U 3O 8 |
|
(m) |
(m) |
(m) |
(%) |
(%) |
(%) |
(g/ton) |
(%) |
K4-08-01 |
3.15 |
6.00 |
2.85 |
0.183 |
0.009 |
0.006 |
3.83 |
0.001 |
8.25 |
9.00 |
0.75 |
0.844 |
0.001 |
0.067 |
16.90 |
0.000 |
10.80 |
12.25 |
1.45 |
0.201 |
0.001 |
0.007 |
0.40 |
0.001 |
18.25 |
21.25 |
3.00 |
0.079 |
0.001 |
0.003 |
1.20 |
0.001 |
52.53 |
53.21 |
0.68 |
0.123 |
0.014 |
0.026 |
5.43 |
0.017 |
52.53 |
52.82 |
0.29 |
0.237 |
0.024 |
0.030 |
9.60 |
0.034 |
Drill Hole |
From |
To |
Interval |
Cu |
Pb |
Zn |
Ag |
Co |
U 3O 8 |
|
(m) |
(m) |
(m) |
(%) |
(%) |
(%) |
(g/ton) |
(%) |
(%) |
K4-08-02 |
3.10 |
16.50 |
13.40 |
0.111 |
0.026 |
0.011 |
4.74 |
0.018 |
0.001 |
8.10 |
11.10 |
3.00 |
0.169 |
0.046 |
0.013 |
7.10 |
0.021 |
0.001 |
11.10 |
12.10 |
1.00 |
0.086 |
0.019 |
0.006 |
4.70 |
0.054 |
0.001 |
35.50 |
37.00 |
1.50 |
0.255 |
0.002 |
0.022 |
0.70 |
0.004 |
0.000 |
39.50 |
44.00 |
4.50 |
0.153 |
0.005 |
0.008 |
1.80 |
0.020 |
0.001 |
50.00 |
51.00 |
1.00 |
0.398 |
0.008 |
0.012 |
4.90 |
0.015 |
0.001 |
51.89 |
56.00 |
4.11 |
0.216 |
0.007 |
0.016 |
1.06 |
0.002 |
0.006 |
51.89 |
52.00 |
0.11 |
0.083 |
0.015 |
0.007 |
2.00 |
0.009 |
0.058 |
52.00 |
54.00 |
2.00 |
0.358 |
0.007 |
0.004 |
0.60 |
0.001 |
0.002 |
55.05 |
55.25 |
0.20 |
0.297 |
0.007 |
0.027 |
2.00 |
0.006 |
0.012 |
58.50 |
60.00 |
1.50 |
0.156 |
0.002 |
0.008 |
1.50 |
0.010 |
0.001 |
Drill Hole |
From |
To |
Interval |
Cu |
Ag |
Co |
U 3O 8 |
|
(m) |
(m) |
(m) |
(%) |
(g/ton) |
(%) |
(%) |
|
3.00 |
18.00 |
15.00 |
0.149 |
3.60 |
0.024 |
0.001 |
K4-08-03 |
9.00 |
22.50 |
13.50 |
0.186 |
4.24 |
0.015 |
0.002 |
|
12.00 |
13.50 |
1.50 |
0.287 |
4.7 |
0.012 |
0.006 |
|
59.00 |
60.50 |
1.50 |
0.169 |
0.4 |
0.009 |
0.001 |
Drill Hole |
From |
To |
Interval |
Cu |
Pb |
Zn |
Ag |
Co |
U 3O 8 |
|
(m) |
(m) |
(m) |
(%) |
(%) |
(%) |
(g/ton) |
(%) |
(%) |
K4-08-04 |
3.00 |
4.50 |
1.50 |
0.111 |
0.004 |
0.006 |
1.90 |
0.033 |
0.000 |
9.00 |
101.50 |
92.50 |
- |
- |
- |
- |
- |
- |
15.00 |
15.25 |
0.25 |
0.669 |
0.478 |
0.010 |
5.10 |
0.027 |
2.544 |
15.75 |
17.25 |
1.50 |
0.139 |
0.002 |
0.009 |
1.10 |
0.020 |
0.004 |
18.75 |
20.25 |
1.50 |
0.008 |
0.001 |
0.006 |
0.10 |
0.002 |
0.007 |
28.35 |
31.00 |
2.65 |
0.211 |
0.066 |
0.008 |
0.88 |
0.004 |
0.283 |
28.85 |
31.00 |
2.15 |
0.190 |
0.080 |
0.007 |
0.95 |
0.004 |
0.349 |
28.85 |
29.05 |
0.20 |
1.071 |
0.836 |
0.020 |
8.70 |
0.024 |
3.675 |
55.55 |
56.45 |
0.90 |
0.250 |
0.056 |
0.015 |
0.96 |
0.002 |
0.249 |
56.05 |
56.45 |
0.40 |
0.135 |
0.123 |
0.017 |
1.90 |
0.003 |
0.554 |
56.95 |
58.50 |
1.55 |
0.060 |
0.001 |
0.007 |
0.40 |
0.019 |
0.004 |
61.87 |
64.00 |
2.13 |
0.148 |
0.003 |
0.018 |
0.76 |
0.009 |
0.004 |
61.87 |
62.02 |
0.15 |
0.352 |
0.019 |
0.027 |
1.60 |
0.003 |
0.039 |
65.50 |
70.00 |
4.50 |
0.129 |
0.001 |
0.007 |
0.70 |
0.020 |
0.000 |
65.50 |
101.50 |
36.00 |
0.076 |
0.002 |
0.005 |
0.45 |
0.017 |
0.000 |
76.00 |
77.50 |
1.50 |
0.107 |
0.003 |
0.006 |
0.40 |
0.025 |
0.000 |
86.50 |
88.00 |
1.50 |
0.111 |
0.003 |
0.006 |
1.30 |
0.016 |
0.001 |
100.00 |
101.50 |
1.50 |
0.109 |
0.003 |
0.005 |
1.00 |
0.030 |
0.000 |
Drill Hole |
From |
To |
Interval |
Cu |
Pb |
Ag |
U 3O 8 |
V 2O 5 |
|
(m) |
(m) |
(m) |
(%) |
(%) |
(g/ton) |
(%) |
(%) |
K4-08-05 |
4.57 |
6.00 |
1.43 |
0.167 |
0.002 |
0.60 |
0.000 |
0.009 |
10.50 |
92.50 |
82.00 |
- |
- |
- |
- |
0.038 |
20.69 |
21.45 |
0.76 |
0.332 |
0.098 |
1.72 |
0.453 |
0.048 |
21.16 |
21.45 |
0.29 |
0.504 |
0.247 |
3.70 |
1.154 |
0.053 |
34.00 |
35.50 |
1.50 |
0.151 |
0.001 |
0.30 |
0.000 |
0.066 |
39.75 |
49.59 |
9.84 |
0.296 |
0.035 |
1.17 |
0.162 |
0.031 |
41.24 |
41.62 |
0.38 |
1.061 |
0.615 |
7.10 |
3.192 |
0.043 |
47.25 |
47.62 |
0.37 |
0.596 |
0.139 |
3.00 |
0.789 |
0.040 |
Drill Hole |
From |
To |
Interval |
Cu |
Zn |
Ni |
U 3O 8 |
V 2O 5 |
|
(m) |
(m) |
(m) |
(%) |
(%) |
(%) |
(%) |
(%) |
K4-08-06 |
3.55 |
17.5 |
13.95 |
0.010 |
0.004 |
0.002 |
0.000 |
0.025 |
25 |
28 |
3 |
0.059 |
0.011 |
0.001 |
0.004 |
0.007 |
38.5 |
40 |
1.5 |
0.028 |
0.012 |
0.001 |
0.003 |
0.006 |
K4-08-01 had an azimuth of 85 and an inclination of 60 degrees. K4-08-02 had an azimuth of 170 and an inclination of 45. K4-08-03 had an azimuth of 10 and an inclination of 45 degrees. K4-08-04 had an azimuth of 352 and an inclination of 45 degrees. K4-08-05 had an azimuth of 352 and an inclination of 65 degrees at the same location as 04, and K4-08-06 had an azimuth of 012 and an inclination of 45 degrees.
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