ALX Resources Corp. (TSXV: AL) has announced the successful completion of soil geochemistry and high-resolution ground magnetic surveys at the Gibbons Creek Uranium Project in Saskatchewan’s Athabasca Basin. These surveys aim to refine drill targets over fault structures and areas of uranium mineralization.
Geochemical Sampling and Magnetic Survey Results
ALX conducted a Spatiotemporal Geochemical Hydrocarbons (SGH) survey and a ‘walking mag’ survey to enhance the resolution of magnetic data and better interpret fault structures. The surveys covered the area of historical mineralized drill holes and a significant radon anomaly, providing valuable data for future drilling plans.
Upcoming Exploration and Project Potential
With an active drill permit valid until April 2024, ALX is preparing for a diamond drilling program, subject to financing. The Gibbons Creek project, comprising 13,864 hectares, is strategically positioned in a region with numerous historical uranium occurrences, offering promising exploration potential.
Qualified Person Statement
The technical information has been reviewed and approved by qualified professionals, ensuring compliance with National Instrument 43-101 standards.
About ALX Resources Corp.
ALX, headquartered in Vancouver, BC, explores a diverse portfolio of mineral properties in Canada, including uranium, lithium, and other metals. The company is committed to providing shareholders with discovery opportunities using cutting-edge exploration technologies.
Results from the SGH survey are anticipated in January 2024, and the company continues to evaluate the Gibbons Creek project alongside its other mineral exploration endeavors.
Company Website: https://alxresources.com
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.
The image is randomly selected and doesn’t necessarily represent the company or the news below.