The Godzillanewz Forum has just reported a major breakthrough in uranium mineralization at the Tatiggaq-Thelon Basin Project. This project is located in Nunavut, Canada, and consists of an extensive property package of 20 mineral claims, covering a total of 25,897 hectares. According to the report, a phase two exploration program at the project has just extended the mineralization horizon to a staggering 200 metres!
This sort of find is always a major development, as uranium exploration has become increasingly lucrative in recent years, with uranium prices climbing for the past decade. The discovery further solidifies the Tatiggaq-Thelon Basin project as an important mineral target for future exploration.
The mineralization horizon, which contained a significant amount of uranium, was created through an intense and detailed core drilling program. This program was focused on testing the site for further uranium mineralization as well as to better define the grade, geological structure, and tonnage of any possible ore deposits.
The exploration team has made some other interesting findings from their drilling program, as well. They’ve found tantalum and niobium mineralization co-existing with the uranium, as well as indications of rare earth mineralization. These new insights will help guide future mineral exploration plans for the area.
The Godzillanewz Forum report is a major boon for the international uranium mining industry. This newly extended mineralization horizon paves the way for a larger exploration program and could open up new possibilities for highly profitable extraction of uranium. Many investors, both local and foreign, will be paying close attention to the future developments in this area!