Thread by @Swedish_uranium

I want to share some more about why I say $FUU can be the next Cigar lake within #uranium. Please look at the highlighted texts in the below description of unconformity-related deposits, link to full article here: www-pub.iaea.org/mtcd/publicati…

This part is about the Cigar lake deposit in particular:

For now, the geology between both deposits looks very similar, a flat lying lense with a high grade core surrounded by a lower grade halo. The Cigar lake deposit is 1,950 m long and contains a total of 221.6 million lbs of U3O8. That means 105 m of it on average contains 12 Mlbs.

As we have seen by the calculations of David Talbot at RedCloud, 105 m of the $FUU deposit is estimated to contain even more, 15-20 Mlbs, (still open up-dip, and grades and widths tend to increase to the south so that number may increase).

So to get to the same amount of pounds as Cigar lake, we actually only need continuity of the same mineralization for 1-1.5 km. And the A1 conductor is over 3 km long, so that is not at all impossible. To explore that potential, here is something that could be done during the

summer program if @devrandhawa and Ray thinks it is a good idea: Except for the conservative step-outs to the south, try a couple of big step-outs along the A1 conductor. For example, PLN14-019 drilled 2014 730 m to the south of the discovery hole contained 0.047% over 0.5m which

shows there has been a flow of uranium containing mineralization so far to the south. Since, if I understood correctly, it was drilled below the current high-grade zone, a hole up-dip of PLN14-019, or at another good target further to the south, would be of great interest.

A hit of ultra high-grade uranium so far to the south would indicate probability that there is continuity over much longer lengths than we know so far. If a hit is made so far to the south, investors could really start to speculate if this is in the class of Cigar lake or better.