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Home News Uranium

Snow Lake starts two-phase drill programme at Engo Valley Uranium Project

by Editor
October 23, 2024
in Uranium
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Snow Lake starts two-phase drill programme at Engo Valley Uranium Project
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Snow Lake Energy has started a two-phase drill program at the Engo Valley project to confirm the existence and delineate the extent of historically documented uranium mineralization.
The Engo Valley Uranium Project is on the Skeleton Coast of northwest Namibia, approximately 600 kilometres north of Swakopmund.
Uranium mineralization was discovered during the project in 1973, and Gencor conducted exploration intermittently between 1974 and 1980.
The project holds EPL 5887, which covers an area of 69,530 hectares and is valid until February 12, 2026.
Snow Lake currently has a compelling 68% interest in the project, which can increase its interest to 85% upon incurring additional exploration expenditures.
The project is considered an underexplored, top-tier exploration project with historical, non-mining code-compliant uranium resources that would benefit from modern techniques and technology for uranium exploration.
The first phase consists of approximately 1,500 meters of reverse circulation drilling to both twins and initiate an infill grid pattern between the historical drill holes.
Downhole radiometric will be undertaken on each new drill hole, with initial results expected shortly after drilling is completed
The second phase, consisting of about 2,100 meters of reverse circulation drilling, will expand the infill grid to produce an initial SK-1300-compliant mineral resource estimate.
Snow Lake CEO Frank Wheatley said the historical records document the existence of uranium mineralization at Engo Valley.
Wheatley said they have high hopes that the current drill program will confirm the presence and begin delineating the extent of such mineralization.”
“We have completed our ground geophysics program. Our drillers are now on site to begin the first phase of our planned drill program,” Wheatley said.

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