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North Shore Uranium Provides Falcon Property Exploration Update; Drilling Planned In Q1 2024
VANCOUVER, BC / ACCESSWIRE / December 19, 2023 / North Shore Uranium Ltd. (TSXV:NSU) (" North Sh...
About this update from North Shore Uranium Ltd
[{"type":"text","content":"North Shore Uranium Provides Falcon Property Exploration Update; Drilling Planned In Q1 2024 VANCOUVER, BC / ACCESSWIRE / December 19, 2023 / North Shore Uranium Ltd. (TSXV:NSU) (\"North Shore\" or the \"Company\") is pleased to provide an update on exploration plans at its 55,699 hectare Falcon Property (\"Falcon\" or the \"Property\") located at the eastern margin of the Athabasca Basin in northern Saskatchewan. The Company has identified a number of high priority uranium targets on the Property and is fully funded to drill several of these targets in Q1 2024.Falcon is a highly prospective uranium exploration property with a limited exploration history in an area of the Athabasca Basin that is seeing increased exploration activity and recent discoveries.Significant grass roots uranium discoveries in 2021 by Baselode Energy Corp. and 92 Energy Limited approximately 40 kilometres to the north, illustrate the potential for new basement-hosted discoveries in this area. In 2022, both the Company and Skyharbour Resources Ltd. (\"Skyharbour\") completed fixed-wing gravity-magnetic-radiometric surveys that covered over 80% of Falcon. Reinterpretation of the earlier electromagnetic (\"EM\") data complemented by the recently acquired geophysical data is allowing the company to identify new high priority targets that have never been tested by drilling.North Shore's proposed 2023-2024 exploration program at Falcon is comprised of the following three components:Ongoing interpretation of historical and new geophysical and geological data to assist with prioritizing targets for detailed exploration;A Q1 2024 maiden drill program focusing on several high priority targets; andProspecting, mapping and sampling related to the high priority targets in the summer of 2024 in preparation for future drill programs.The Q1 2024 drill program will be focused on several targets along a well-defined, dominantly northeast-southwest-trending EM conductor system at the southeastern end of the claim block (Figures 1 and 2). There has been no previous drilling in this area. Gravity, magnetic and radiometric data are being analyzed to assist with pinpointing the highest priority drill locations along the EM conductors for drilling. The helicopter-supported program will be based out of Skyharbour's McGowan Lake Camp which is located approximately 55 kilometres t...