Azarga Uranium Identifies Second Area of High-Grade Uranium Mineralization at Gas Hills Project

摘要

US uranium developer Azarga Uranium Corp. has identified further uranium mineralization at its Gas Hills Uranium Project in the US State of Wyoming. The newly identified second area of highgrade uranium mineralization augments the additional uranium mineralization announced by Azarga for its Gas Hills Project earlier this year and was identified through the continued analysis of historical data owned by the company, according to a June 8 statement (Nuclear Market Review, April 10, 2020). “All uranium mineralization identified during the initial analysis occurs in sandstone-hosted roll fronts located below the water table, indicating the potential for [in-situ recovery] amenability. We look forward to completing an updated resource estimate for the Gas Hills Project, which has the potential to transform into a significant satellite deposit for the company’s initial development priority, the Dewey Burdock Project. Utilization of planned infrastructure for the Dewey Burdock Project has the potential to significantly reduce the cost profile of the Gas Hills Project,” said Azarga's COO John Mays.