Quaterra Commences Drill Program on Arizona Uranium Prospects
Quaterra Resources 2006-01-19 News Release |
Previous exploration on the Arizona Strip in northern Arizona has resulted in the discovery of eight breccia pipe ore bodies with production in the 1980’s and early 1990’s totaling approximately 19 million pounds of U 3 O 8 . Total amount of mineable uranium discovered to date in breccia pipes in northern Arizona is estimated to be in the range of 35 million pounds.
Quaterra president, Dr. Thomas Patton noted the breccia pipes are vertical columns of broken rock typically 200 feet in diameter and 3000 feet in height. They occur in flat-lying sediments, and originate by collapse of karst solution cavities in the Redwall Limestone. Some of them contain uranium mineralization beginning at depths from 700 to 1000 feet beneath the surface, with the mineralized zone typically being 500 to 800 feet thick. “These represent attractive exploration targets because of relatively high grade (typically between 0.5-1.0% U3O8) and because the relatively small footprint of the deposits facilitates exploration, mining and reclamation, “ Dr. Patton said.
On behalf of the Board of Directors,
“Thomas Patton”
Thomas Patton, President
Quaterra Resources Inc.
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