ALX Resources Corp. (TSXV: AL), a leading exploration company, has announced the discovery of a significant Soil Gas Hydrocarbon (SGH) geochemical uranium anomaly at its fully-owned Gibbons Creek Uranium Project in the Athabasca Basin, near Stony Rapids, SK. The identified uranium anomaly aligns with prior drill results, including 0.13% U3O8 over 0.23 meters in drill hole GC15-03.
Uranium Anomaly Discovery at Gibbons Creek
The recent survey conducted within the magnetic grid area of the 2023 Gibbons Creek Project revealed a pronounced uranium anomaly. This area also houses the historically mineralized drilling site known as GC-15. The new data indicates an anomaly with a width of about 500 meters and a length of 1,000 meters, predominantly across unexplored terrain, which corroborates the potential for high-grade uranium deposits.
With the 2023 drilling permit extending until April 2024, ALX is gearing up for an anticipated diamond drilling program in the winter of 2024, aiming to further delineate this promising anomaly.
Gibbons Creek Uranium Project Overview
Gibbons Creek is a significant property consisting of seven mineral claims spanning 13,864 hectares with abundant historical uranium occurrences. ALX holds the exploration rights, with plans for an extensive exploration program. Its accessibility from Stony Rapids by-road further enhances the feasibility of both summer and winter exploration endeavors.
ALX’s Commitment to Exploration Excellence
ALX, headquartered in Vancouver, BC, specializes in identifying and exploring mineral properties with potential for major discoveries, maintaining a portfolio inclusive of uranium, lithium, nickel-copper-cobalt, and gold assets. Among its impressive uranium holdings in northern Saskatchewan, Gibbons Creek stands out as a key project with high prospects. ALX relentlessly pursues the application of cutting-edge technologies to ensure smart and strategic exploration processes.
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.