ALX Resources Corp. (TSXV: AL) has announced the reception of an airborne ZTEM™ survey conducted on the Hook-Carter Uranium Project in Saskatchewan’s Athabasca Basin. The survey, performed in June 2023, has identified new geophysical conductors, enhancing the Project’s prospects for uranium deposits.
Hook-Carter’s Untapped Potential
The Project comprises eleven claims spanning 25,115 hectares, strategically positioned within the Patterson Lake Corridor, known for hosting significant uranium deposits. Previous exploration activities, including drilling and ground surveys, have pointed towards encouraging geological features indicative of a mineralizing system.
2023 ZTEM™ Survey Outcomes
A modern geophysical approach, the ZTEM™ survey has mapped historical conductors and discovered additional targets in deeper regions, further advancing the exploration of the Project. Denison Mines Corp., leading the Project’s operations, has committed over 50% of the planned exploration budget to revealing Hook-Carter’s full potential.
Next Steps in Exploration
ALX and Denison are gearing up for follow-up geophysical surveys to refine drill targets across the identified conductive corridors. Positive outcomes from these preliminary surveys will pave the way for a more focused drilling campaign.
About ALX Resources Corp.
Based in Vancouver, ALX Resources Corp. leads a diverse portfolio of mineral properties, focusing on the discovery opportunities of uranium, lithium, and other minerals. Its strategic holdings in northern Saskatchewan poise the company for exploration success amidst the world’s richest uranium sources.
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