en.Wedoany.com Reported - Blast Resources Inc. has announced the identification of a strong uranium/thorium anomaly at the Wales Lake uranium project, located on the southwest side of the Athabasca Basin in northern Saskatchewan, Canada. The anomaly, as indicated in Geological Survey of Canada survey data, trends north-south, extending approximately 12 kilometers from the southern end to near the northern end, and is clearly visible in both length and width within the mineral claim MC00019518.
Casey Forward, CEO of the company, stated that the newly identified anomaly represents a significant step in efforts to deliver valuable results for shareholders and could provide critical information for future work programs. According to historical data, there are seven faults, shear zones, or conductive bodies within the mineral claim. The anomaly is located on the eastern side of the Clearwater Domain. This domain extends along a 325-kilometer-long curvilinear aeromagnetic high and gravity low, stretching from the southern to the northern margin of the Athabasca Basin, and is interpreted as a major magmatic event, supported by approximately 1.84 billion-year-old granite outcrops along the Clearwater River.
Research under the Geological Survey of Canada's Targeted Geoscience Initiative has investigated the potential link between these intrusions and the Patterson Lake Corridor (PLC) uranium district. New geophysical surveys and models indicate that the Clearwater Domain extends to a depth of approximately 22 kilometers, deeper than previously known, and dips beneath several PLC deposits. Geological evidence supports a model where radiogenic heat from the buried Clearwater granite generated elevated geothermal gradients beneath the overlying sedimentary sequence, facilitating the migration of deep basement fluids containing precious metals, while fault reactivation drew uranium-bearing oxidized brines downward to form deposits.
The Wales Lake project consists of three mineral claims located outside the southwestern margin of the Athabasca Basin, strategically situated within the Patterson Lake Corridor, which hosts two significant uranium deposits: the Triple R deposit and the Arrow deposit. The scientific and technical information in this news release was prepared and approved by Locke Goldsmith (M.Sc., P.Eng., P.Geo., of Arctex Engineering Services), who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Blast Resources is a mineral exploration company listed on the Canadian Securities Exchange, currently focused on the exploration of its flagship project, the Wales Lake uranium project.
