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Solitaire Minerals Corp. has Commenced Drilling at the Highly Altered Fault Zone; Riou Lake Uranium Property, in the Athabasca Basin

VANCOUVER, Feb. 26 /CNW/ - Solitaire Minerals Corp. (TSX-V: SLT) (The Company) is pleased to anno...

articlePegasus Resources IncFebruary 26, 20085/company/pegasus-resources-inc/news/solitaire-minerals-corp-has-commenced-drilling-at-the-highly-altered-fault-zone-riou-lake-uranium-property-in-the-athabasca-basin
Solitaire Minerals Corp. has Commenced Drilling at the Highly Altered Fault Zone; Riou Lake Uranium Property, in the Athabasca Basin

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Feb. 26 /CNW/ - Solitaire Minerals Corp. (TSX-V: SLT) (The\nCompany) is pleased to announce that Cabo Drilling (Pacific) Corp. of Surrey,\nBritish Columbia has commenced diamond drilling at the Riou Lake Uranium\nProperty. The Riou Lake Uranium Property is located in the Athabasca Basin of\nNorthern Saskatchewan.\n\n\nSolitaire Minerals has selected several high priority targets due in part\nto the interpretation by Actlabs of the Soil Gas Hydrocarbon (SGH) analyses\ncollected from a grid of soil samples. The drill program will encompass a\nminimum of 4000 meters with all targets to be collared on dry land south of\nRiou Lake and concentrated near the centre of the Soil Gas Hydrocarbon\nanomalies designated by Actlabs as the "Primary Target" and "Secondary\nTarget", in conjunction with other geochemistry from the area.\n\n\nSamples from the Main Grid ,which were taken along the previously\nidentified 8 km long escarpment fault (the escarpment is 8 km ; the fault can\nbe traced at least 12km) produced two strongly anomalous areas which Actlabs\nbelieve indicate a "Very High Probability" of a uranium target at depth. This\nis the highest level of detection possible under the Actlab's SGH Rating\nSystem under which there are 6 categories ranging from a "Low Probability"\nrating to a "Very High Probability" rating. A "Very High Probability" rating\nmeans that the SGH classes most important to describing a uranium signature\nare all present and consistently describe the same location with well defined\nanomalies. To obtain this rating there also needs to be other SGH classes that\nwhen mapped lend support to the prediction location.\n\n\nThe SGH class signature in the exploration for a uranium target is\nprimarily made up of heavier SGH classes of compounds. The Actlab\ninterpretation method and definition of the SGH uranium signature has been\ndeveloped through research since 1997 by Actlabs, including analysis of case\nstudies, especially from the two Canadian Mining Industry Research\nOrganization projects (CAMIRO 97E04 & 01E02) as well as research conducted by\nthe Ontario Geological Survey (OGS).\n\n\nThe three primary uranium indicator classes resulted in apical style\nanomalies in two areas of the main grid. These areas replicated exceptionally\...

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