Rock chips point to high-grade U.S. uranium for Okapi
ASX-listed Okapi Resources is targeting a drilling campaign at its Rattlesnake prospect after a sampling program of 28 rock chips yielded grades of up to 1.24% triuranium octoxide . According to the company, the “outstanding” results didn’t stop there, with more than half of the sample set producing values above 1,000 parts per million. The prospect is part of the larger Rattler uranium project in Utah’s La Sal mining district.
Okapi says the Rattlesnake rock chips were collected from outcrops and mining dumps around the now abandoned Sunnyside mine in addition to the mineralized sedimentary horizon in the former Rattlesnake open pit and area. outside the entrances to the workings of the old mine.
The company is now preparing to probe targets with applications already underway to test Rattler.
Meanwhile, bagged rock chips from the nearby Sunnyside prospect highlighted the potential of the nearby lands with grades of up to 0.759% or 7,590 parts per million triuranium octoxide.
Basic exploration of the Rattler uranium project has confirmed the high-grade nature of uranium mineralization through the ground and is supported by “exceptional” uranium discoveries at the nearby Sunnyside prospect, according to the company. .
The Rattler uranium project is located in San Jan County, eastern Utah, approximately 5 kilometers west of La Sal and 40 kilometers southeast of Moab. The project is located in the historic La Sal mining district, which is home to a number of active and abandoned mines.
The project is also about 85 kilometers from Energy Fuels Inc.’s White Mesa Uranium/Vanadium plant in Utah, the only operating conventional uranium plant in the country.
A recent study by the International Energy Agency indicates that global electricity consumption could increase by 52% between 2020 and 2040 and by 75% between 2020 and 2050
As much of the world focuses on decarbonization by 2050, many wonder what role uranium will play.
Okapi could end up in the right neighborhood with the right asset following his high quality rock chip results. Now for the rotating truth seer to add weight to his original work.
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