Moab Minerals Limited (ASX:MOM) has submitted applications for a drill programme to be undertaken in the northern spring of 2023 at its flagship REX uranium-vanadium project in Colorado, USA.
The company has also commenced baseline environmental studies, which are a necessary input to the drill permit application and ongoing exploration.
“Moab has carried out significant due diligence work on the REX Uranium-Vanadium Project which has been aimed at defining prospective trends of mineralization that could be targeted by the planned drill programme in 2023,” Managing Director, Malcolm Day, said.
“With this work largely complete, the next step is to get the drills out there, hence we are pleased to have now submitted the drilling application to the BLM and Colorado Division of Reclamation.”
The initial drill programme is likely to involve a limited number of drill holes to allow time for analytical results to be received and further drill holes to be planned, depending on the initial results. The ultimate drill programme is expected to be for a total of up to 21 drill holes for 3,150m, with an average depth of 150m which is adequate for testing the target stratigraphy.
The uranium mineralisation occurs at the base of the Lower Cretaceous Brushy Basin shale and in sandstone lenses in the Salt Wash Sandstone below the shale, with the stratigraphy flat lying to very gently dipping. The dominant uranium-vanadium mineral is carnotite K2(UO2)2V2O83 (H2O), which has a bright yellow colour and is radioactive. Drill hole depths of up to 150m are adequate to test the full stratigraphic extent of the mineralization.
For further information please visit: https://www.moabminerals.com.au/
