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Saskatchewan Preliminary Mapping & Prospecting
Saskatchewan Preliminary Mapping & Prospecting.
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n\nFulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining\n \n \n7 September 2023\n \n \nFulcrum Metals plc\n(\"Fulcrum\" or the \"Company\" or the \"Group\")\n \nPreliminary Mapping and Prospecting identifies new mineralised zones and\nconfirms strong uranium targets at Charlot-Neely and Fontaine Lake\n \nFulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada, is pleased to provide an update on the results of a preliminary reconnaissance mapping and prospecting programme undertaken by Dahrouge Geological Consulting Ltd. (\"Dahrouge\") at the Company's Charlot-Neely uranium-gold and Fontaine Lake uranium-rare earth properties in northern Saskatchewan. The aim of the programme was to confirm and extend anomalous trends highlighted by historic exploration and identify new zones of interest.\n \n \nHighlights\n \nCharlot-Neely Lake\n· The Black Bay Fault, a major NE-SW-trending crustal-scale structure which is associated with rare-earth element and uranium mineralisation elsewhere in northern Saskatchewan, was mapped traversing the South Neely property.\n· Multiple zones of strong radioactive outcrop were confirmed in a variety of geological settings, including off-scale scintillometer readings >65,535 cps, likely related to fine grained uraninite mineralisation.\n· Radioactive zones, some with visible uranium oxides, are found in brecciated granite, altered mylonite, sheared granite-gneiss, pegmatite, fault-controlled cataclasite and unconformities.\n· Two new radioactive trends were discovered in South Neely over a minimum of 100 metres strike length each, named 'Fall 1' and 'Fall 2' with scintillometer readings of up to 20,000 cps.\n· Further discoveries included a gossan zone with visible uranium oxide staining and scintillometer readings up to 10,000 cps and a sheared section within a fault structure with up to 30,000 cps hosted in a granitic gneiss.\n· Several sulphide-mineralised quartz veins with gold potential were also located and sampled, including a previously trenched 10 meters wide vein with strong pyrite-chalcopyrite mineralisation.\n· A total of 56 samples were collected for laboratory analysi...