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The Moonshine Springs project is located in the northwest corner of Arizona in Mohave County, Arizona. The project is wholly owned by Mesa Uranium and consists of 1,770 acres (2.8 square miles).
Mesa has drilled 2 holes shallow exploration holes and plans step-out and reconnaissance drilling programs. Initial drilling was designed to test and confirm previous drilling conducted on the property by Exxon in the 1970's. The uranium mineralization encountered by Mesa and Exxon is in altered sandstones within the Chinle formation which hosts the adjacent 4 million pound U3O8 deposit owned by Denison Mines.
Drill results are as follows, depths are to the base of mineralization:
Hole |
Depth |
Thickness |
eU3O8 % |
Pounds Per Ton U3O8 |
M-1 |
583.7’ |
1.5’ |
0.15 |
3.0 |
M-1 |
624.8’ |
7.5’ |
0.21 |
4.2 |
M-1 (including) |
624.8’ |
2.0’ |
0.55 |
11.0 |
M-2 |
615.7’ |
4.0’ |
0.47 |
9.4 |
M-2 (including) |
615.7’ |
1.0’ |
0.82 |
16.4 |
Drill hole M-1 confirmed a 1979 Exxon intercept (6 feet grading 0.40% U3O8), M-2 was drilled 75 feet to the north of M-1 and confirmed the lateral continuity of the uranium mineralization. Step-out holes are planned for this area. Future drilling will test the extent of this zone and explore a number of targets throughout the project, including the northern extension of the Denison deposit.
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