Projects

Exploration & Development

2008 Drilling Work Program

• Total of 2,596 meters of diamond drilling in 16 holes were completed prior to spring break up

• Three zones were drill-tested:
  • Pipewrench North Zone
  • Narrows Lake Zone
  • Portage Zone

Pre-2008 Work Program

• Consisted of mapping, trenching, sampling and ground scintillometer surveys on several historic showings throughout the property

• Designed to investigate the potential of the property and validate historic mineralized occurrences

• Programs were successful in delineating significant mineralization

• Five historic uranium occurrences were sampled:
  • Pipewrench Lake
  • Pipewrench North
  • Narrows Lake
  • Portage Zone
  • Cross Lake West occurrences

• Pipewrench North and Narrows Lake have had limited historic diamond drilling
  • Encountered significant uranium mineralization over considerable widths

• Pipewrench Lake, Portage Zone & Cross Lake West have seen minimal work in the past and offer excellent exploration targets

Uracan's early exploration results include the Pipewrench North showing, which hosts several significant trenched intervals including 4.8 meters of 0.056% U₃O₈ and 1.9 meters of 0.122% U₃O₈. Values up to 0.027% U₃O₈ over 9.7 meters at Narrows Lake and 0.015% U₃O₈ over 13.3 meters at the Portage showing were also assayed from channel sampling.