Business
Aero Energy Reports on Recent Exploration Insights at the Sun Dog Project
Project is host to globally significant former uranium producer Vancouver, British Columbia--(Ne...
About this update from Manhattan Uranium Discovery Corporation
[{"type":"text","content":"Aero Energy Reports on Recent Exploration Insights at the Sun Dog ProjectProject is host to globally significant former uranium producerVancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AUUGF) (FSE: UU3) (\"Aero\" or the \"Company\") is pleased to provide a comprehensive summary of exploration insights gathered at the Sun Dog Uranium Project (the \"Sun Dog Project\" or the \"Project\"), by operating partner Standard Uranium Ltd (TSXV: STND) (\"Standard Uranium\"), as well as more historical data from previous project operators.Key Highlights: History of Production: The Project hosts the historical Gunnar Mine which produced 18M pounds of U3O8 between 1953 and 1981 and was formerly the world's largest uranium producer1,2. Uranium Above and Below the Unconformity: Numerous historical high-grade uranium showings ranging between 0.10% and 12.39% U3O8 have been documented at surface3,4. These showings occur in both basement rocks below the Unconformity and perched within Athabasca sandstones above the Unconformity thus confirming the presence of unconformity-related high-grade uranium on the Sun Dog Project. Radioactivity at the Unconformity: Prospecting conducted by Standard Uranium has identified anomalous to strong radioactivity ranging between 500 cps and >65,535 cps immediately associated with sandstone and basement faults, and along the surface expression of the Unconformity at multiple target areas providing further compelling support for the high prospectivity of the Sun Dog Project. Favorable Host Rocks: An airborne VTEMTM Plus survey is currently underway designed to pinpoint graphitic rocks favourable for hosting significant concentrations of uranium. This modern electromagnetic (\"EM\") survey will infill and expand upon historical surveys which have identified at least 40 km of combined conductor strike length. Target Development & Drilling: The results of the VTEMTM Plus survey will be subject to geophysical interpretation and modelling, and integrated with the Project's existing datasets, to select and prioritize targets for the upcoming summer drill program scheduled to begin in early June. Galen McNamara, CEO of Aero Energy, commented: \"The Sun Dog Project is highly prospective for shallow high-grade uranium mineralization and is largely underexplored. Th...