Xemplar Energy reported preliminary chemical assay results from reverse circulation drilling carried out on the Cape Cross Uranium project in Namibia. Highlights of the initial chemical assay results received to date includes from RCOR20 with 13m at 0.020% U3O8 from the surface and in RCOR21 with 9m at 0.026% U3O8 from 2m.
Results and analysis were received from the ground radon survey that was carried out earlier in 2008. The radon survey and analysis consisted of 1,042 radon cups on five detailed grids and a regional profile which identified a number of radiometric anomalies. This detailed work was conducted as a follow up on promising results returned from a 2,000 radon cup reconnaissance survey carried out in 2007. These results are being correlated with historical geophysical and geomorphological data and reconnaissance drilling results to develop a drilling evaluation strategy for the property. An exploration program consisting of percussion drilling on the palaeochannels known to exist on the property will commence when the reconnaissance work has been completed. Additional radon cup surveying will also be carried out.
October 28, 2008
Results and analysis were received from the ground radon survey that was carried out earlier in 2008. The radon survey and analysis consisted of 1,042 radon cups on five detailed grids and a regional profile which identified a number of radiometric anomalies. This detailed work was conducted as a follow up on promising results returned from a 2,000 radon cup reconnaissance survey carried out in 2007. These results are being correlated with historical geophysical and geomorphological data and reconnaissance drilling results to develop a drilling evaluation strategy for the property. An exploration program consisting of percussion drilling on the palaeochannels known to exist on the property will commence when the reconnaissance work has been completed. Additional radon cup surveying will also be carried out.
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