Pancontinental Uranium reports 2009 exploration plans

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Tue, May 12, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Pancontinental Uranium Corporation reports its exploration plans for 2009 on the Australian uranium properties.

The primary targets at Chilling remain deposits of the unconformity-related style, which, if present, will probably occur below the capping sediments of the Tolmer Group. The Company’s rationale for staking over 130 kilometres of the unconformity on the west side of the Pine Creek Orogen is that it may be a geologic mirror to the unconformity structures on the east side of the Orogen, which hosts the large Jabiluka, Koongara and Ranger uranium deposits. Pancon’s strategy is to initially use airborne electromagnetic surveys to obtain infill data to assist in identifying large structures beneath the sandstone cover rocks that have the potential to host large uranium deposits.

For full details of this press release, click this link.

To view Pancontinental Uranium’s company profile, click here.

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