New Geochemical Disharmony Yielded from Thelon Basin Forum
The Forum Rare Earths and Uranium Inc. have recently made an exciting announcement regarding a new geochemical sample that has yielded promising results at the Thelon Basin Uranium Project. Located in the Northwest Territories of Canada, the project is situated in an area where multiple geological elements are present including rare earth elements.
The results of the geochemical sample showed an interesting anomaly with uranium and thorium values much higher than expected. Other metals such as boron, zinc, copper, cobalt, nickel, lead, and magnesium were found to be at usual concentrations, while heavier metals such as vanadium, chromium, and molybdenum were below expected levels. All of these results indicated positive results and indicated a geochemical disharmony which is often seen in uranium deposits.
iven the excitement of the geochemical results, Forum Rare Earths and Uranium Inc. proceeded with an extensive drilling program at the Thelon Basin Uranium Project. This drilling program resulted in the discovery of mineralization in three drill holes that further substantiate the geochemical results. Further details of the drilling results have yet to be released, however, this new development suggests that the Thelon Basin project has the potential to be a successful exploration venture.
Given the exciting geochemical result yielded from the Thelon Basin Uranium Project, Forum Rare Earths and Uranium Inc. plans to continue its exploration efforts in the area. In the coming months, the company aims to further assess the mineralization discovered from the drilling data, while also exploring other nearby areas in the Northwest Territories of Canada. As the exploration efforts progress, there is a great deal of excitement among the Forum’s investors as they look forward to seeing the potential of this promising project come to fruition.