Haranga Resources Limited (ASX: HAR) has obtained promising results from the first part of its permit-wide regional termite mound sampling programme, covering mostly the northern portion of its Saraya permit in eastern Senegal.
XRF analysis was performed on 5,054 termite mound samples covering 520sq. km or 32% of the total permit area (1650sq. km).
These results were integrated with the results of a historical termite mound sampling programme conducted during 2012 by Prospectiunii and comprising 5,843 samples.
The resulting sampling density was either 500m x 100m where historical results were available or 1000m x 100m where such results were not available. The lower limit of detection was 7.0ppm uranium, with 4,866 samples (96.3%) reporting below the detection limit and 188 samples (3.7%) reporting above the detection limit.
The programme yielded seven large uranium anomalies comprising 140 samples with uranium concentrations ranging between 7.0ppm and 17ppm. In addition, the programme returned numerous smaller anomalies containing up to 15ppm uranium.
The sampled portion of the permit area also contained the previously known Saraya uranium prospect where the company recently defined a JORC compliant exploration target of five to 20Mt (four to 35Mlb contained eU3O8) at a grade range of 350ppm to 750ppm eU3O8, and where drill results are presently pending.
The nine termite mound samples that were taken across the Saraya uranium prospect returned between 9.0ppm and 17ppm uranium. The size and tenor of the uranium anomaly across the Saraya prospect compares favourably to the recently discovered regional anomalies and further substantiates their prospectivity.
Haranga’s technical team also assessed the results of holes drilled by Cogema and Areva between the mid-1970’s and 2009 in the northern portion of the Saraya permit. Historical drilling was aimed at testing various soil-sampled and trenched regional uranium anomalies. Best drill holes and intersects locate mainly in the Diobi area, approximately 5km NNE of the Saraya prospect. Drilling in this area intersected up to 11.1m at 610ppm eU3O8, 7.6m at 1,002ppm eU3O8 and 6.4m at 427ppm eU3O8. This area is an additional priority target for infill termite mound sampling.
The company expects further results from the regional termite mound sampling programme in the current quarter. In addition, in-fill termite mound sampling of anomalous areas on a 250m x 50m grid will commence in the near term.
“In what is expected to be a strong newsflow quarter for Haranga, we are pleased to see that initial results from our regional sampling programme covering only 32% (520sq. km) of the permit, has already identified numerous uranium anomalies extending over 25km,” Non-Executive Chairman, Michael Davy, said.
“Notably, these anomalies display the same tenor as the anomaly at the Saraya prospect, which prospect has had over 65,000m of historical drilling and a recently defined exploration target of 5-20Mt (four to 35Mlb) of U3O8 at a grade range of 350ppm to 750ppm.
“With the company’s recent diamond drilling programme intersecting potential mineralization in all holes and results expected shortly, the company plans to convert the exploration target into its first maiden mineral resource.
“Given a couple of these uranium anomalies coincide with regional historical drill success to the NNE of Saraya prospect, it is already looking like further uranium discoveries will be made on this permit. This makes it an exciting period for the company as we aim to prove that Saraya could potentially host significant uranium resources.”
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