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BRZKOV PROJECT

Updated 16 June 2008

 

Uran has lodged applications for 4 exploration permits over defined uranium deposits around Brzkov, about 50km from Rozna. These applications have been refused and are currently the subject of appeals.

Regional exploration identified a number of deposits including the most significant, Brzkov and Veznice. The mineralisation is similar to that at Rozna uranium mine, consisting of high grade lenticular pods and veins with associated disseminated mineralisation in the deep-seated Pribyslav fault zone. Mineralisation consists mainly of uraninite and coffinite and extends from near surface to at least 600 metres below surface. Similar deposits in the region are known to extend to at least 1,000 metres.

Brzkov
Intensive exploration at Brzkov included 67 diamond drill holes for 22,112 metres, 132 trenches for 11,076 metres, 67 shallow shafts for 520 metres, and 33 underground diamond drill holes for 5,891 metres. An exploration shaft was sunk to 5 Level, and trial mining 1988-90 from 5 Level of an unknown tonnage produced 77 tonnes U3O8. Uranium price at this time was about US$10/lb.


Veznice
Detailed drilling to define the Veznice deposit included 63 diamond drill-holes for 17,597 metres, 86 trenches for 9,863 metres, and 52 shallow shafts. The main structure has been explored over a length of about 1,500 metre.


Polna
Exploration at Polna consisted of 42 diamond drill-holes for 13,717 metres, 58 trenches for 5,588 metres, and 36 shallow shafts totalling 305 metres. The area was tested by small open pits and a bulk sample produced 13.2 tonnes U3O8. The deposit consists of lenticular bodies of variable grade and width over a strike length of 325 metres.

Six other prospects were identified within this area over a strike length of 1,900 metres, and structural mapping, some drilling, trenching and small trial open pit mining were carried out.