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East Africa Resources finds surface uranium in Tanzania  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 02/12/2012

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(MENAFN - ProactiveInvestors - Australia) East Africa Resources (ASX: EAF) has confirmed the presence of surface uranium mineralisation in three new trenches at the Mkuju South Joint Venture Project in southern Tanzania.

The results of the company's recent field work continue to highlight the potential of the Karoo sediments within the project area to host significant sandstonehosted roll front type uranium mineralisation.

Six new trenches were sited to evaluate a strong airborne radiometric anomaly at the Quarto prospect.

The main surface anomaly has been exposed in three trenches over a thickness of about 1.25 metres with maximum readings in the range of 65 to 560 counts per second (CPS).

Anomalous intercepts of over 100cps were recorded in the three new trenches, including 0.15 metres at 286cps, 1.5 metres at 201cps, 0.5 metres at 217cps, 0.1 metres at 123cps, 1.5 metres at 288cps, 0.1 metres at 190cps, 0.85 metres at 192cps and 0.2 metres at 236cps.

Ground radiometric traversing was also conducted, along with test pits, shallow hand augering, geological surveys and assay samples.

Assays for test pits, augering and grab samples are pending.

East Africa Resources is implementing an aggressive exploration program, with a strong emphasis on the application of modern exploration technologies and targeted drilling, to evaluate the potential of its uranium exploration projects.

The company plans to drill around 10,000 metres in the first half of 2013 and the program will be fully funded through the joint venture with KORES.

Follow up drilling will occur in the second half of the year.


Tanzania's uranium potential

The prospectivity of the Mkuju area is shown by the presence of three known uranium deposits and many other untested uranium trends.

The area is analogous to Australia's Frome Basin, which is host to several major uranium mines including the Beverley, Four Mile and Honeymoon sandstone-hosted uranium deposits.

It also has similarities to the sandstone uranium basins of Kazakhstan.

 






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