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Puranium Energy Completes Remote Sensing Program on Its Uranium Project in Namibia
Interpretation Confirms Two Paleochannel Systems on EPL-7646 Toronto, Ontario--(Newsfile Corp. - March 13, 2023) - Puranium Energy Ltd. (CSE: UX) (FSE: 2DK) (th
About this update from Puranium Energy Ltd
[{"type":"text","content":" Interpretation Confirms Two Paleochannel Systems on EPL-7646 Toronto, Ontario--(Newsfile Corp. - March 13, 2023) - Puranium Energy Ltd. (CSE: UX) (FSE: 2DK) (the \"Company\" or \"Puranium\") is pleased to announce the results from a property-wide remote sensing and spectral processing survey completed by Perry Remote Sensing LLC on its Exclusive Prospecting Licenses (\"EPL\") 7646 and 8084 (the \"Property\") located in the Erongo Uranium Province of Namibia. Remote sensing interpretation identified two paleochannel systems cut into the basement of EPL-7646 in areas that are predominantly under cover. The paleochannel in the northern area of the EPL extends over 10km while the one in the south extends over 5km. The paleochannel systems coincide with both historical targets and new targets generated through mineral maps. Remote Sensing Program The remote sensing program included the processing, analysis and interpretation of ASTER and Landsat Satellite data over the Property and over areas surrounding the Property with known occurrences of similar mineralization including the Langer Heinrich and Koppies deposits (See Figure 1). Figure 1: Location of EPL-7646 and EPL-8084 showing uranium deposits and paleochannels within the same basin The remote sensing survey covered an area of 2,383 km2 encompassing the above properties as well as other known uranium deposits in the vicinity (See Figure 2). By using the pre-mining remote sensing data, the Langer Heinrich deposit (Paladin Energy) could be used as a model site of known similar mineralization characteristics. The approach has been successful in identifying strong spectral matches for mineralized calcretes at the Koppies deposit which is approximately 34km southwest of the Property. Overall, the compilation of mineral models, paleochannel interpretation, perched water table documentation during dry and wet seasons, as well as structures generated thirty (30) targets on the Property. Using the regional airborne radiometric data, eleven (11) of these targets have been prioritized for further investigation (See Figure 2). Figure 2: Interpretation of satellite data and priority targets (labelled A - K) \"The remote sensing techniques used to map structures and to model mineralized calcretes, subsurface paleochannels, ground water flow directions and sites of intense evap...