A technical report dated May 30/08 was released and provided details of the property's contained uranium resources. The report recommended the acquisition of as much of the historical data as possible, and the undertaking of confirmation drilling programs to verify this historical information. The historical data should be evaluated to determine the geologic controls that localized the uranium mineralization, and undertake drilling programs to expand the areas of known mineralization. These programs should be sufficient to define the presence of mineral deposits and determine the economic viability of individual deposits.
March 31, 2008
156 holes aggregating 338,600 feet (103,205 meters) of combined core and conventional rotary drilling has been recommended.
In 2007, an exhaustive study of historical information from past uranium exploration activities in the region was conducted. The historical information obtained on these properties, along with material gathered on the project’s Mesa Redonda and West Endy properties, has led to an exploration program recommendation of 156 drill holes
aggregating 338,600 feet (103,205 meters) of combined core and rotary drilling on the Ambrosia Lake properties.
September 30, 2007
Reported that Neutron drilled five rotary holes in the Cliffside Frosty Ox area. Three holes were drilled a considerable distance west of the Frosty Ox and North of the old Cliffside mine. Hole N-36-14-9-1 intersected 2.59m @ 0.148% U308.
Research - Professional or Research - Advanced Subscriber Access Required
