QX Resources Unearths High-Grade Uranium at Madaba

QX Resources Uncovers High-Grade Uranium Potential at Tanzanian Project

QX Resources is making significant strides at its Madaba uranium project in Tanzania, confirming high-grade, supergene-enriched uranium mineralisation. Recent work involving the digitisation of historical trenching data has illuminated a series of high-priority drill targets, building upon previous discoveries derived from historical drill data. This ongoing exploration effort is painting an increasingly promising picture for the Madaba tenure, suggesting the potential for a substantial uranium system within the Luwegu Basin.

The company has meticulously documented a total of 36 trenches across the Madaba project area. Of these, five have undergone detailed digitisation and interpretation, revealing the presence of exceptionally rich uranium mineralisation. Management has highlighted that several of these trenches exhibit mineralised zones with thicknesses ranging between 0.5 metres and 2 metres. This suggests the potential to delineate shallow, high-grade resources that are amenable to cost-effective drilling and mining techniques.

Key Trenching Results:

  • At the Sipa prospect, results at or near the surface include a 1-metre interval grading 1.60% U3O8.
  • Another trench yielded an impressive 0.8-metre section grading 1.36% U3O8, which contained a further 0.1-metre sub-section assaying a remarkable 7.25% U3O8.
  • Other notable findings from different prospects include:
    • A 2.1-metre intercept grading 0.30% U3O8.
    • A 0.2-metre section returning 4.25% U3O8.
    • A 0.2-metre interval assaying 0.16% U3O8.

According to QX Resources, this exposed mineralisation is likely the result of supergene enrichment zones, which typically develop above a primary sandstone-hosted uranium system. Intriguingly, none of the five detailed trench anomalies that have shown such promising results have been subjected to drill testing to date. Furthermore, many of the other documented trenches also remain untested, presenting a significant opportunity for future exploration.

To date, the company has successfully defined a total of nine targets across its Madaba tenure that are now considered ready for immediate drill testing.

Maurice Feilich, Executive Chairman of QX Resources, expressed his optimism, stating, “The continued digitisation of historical exploration data is revealing the significant uranium potential of the Madaba project. Combined with the stacked uranium mineralisation identified in historical drilling, this work is defining a number of compelling exploration targets and reinforces the potential for Madaba to represent a significant uranium system within the Luwegu Basin.”

Building on Historical Drill Data

The positive outcomes from the digitisation of trenches at Madaba are a direct extension of similar, recently concluded work on historical drilling data. This comprehensive reinterpretation of historical drill holes has not only confirmed the presence of multiple, stacked sandstone-hosted uranium horizons but also validated mineralisation across several key prospects, including Nane, Nyuki, Sita, and Tatu.

Past drilling efforts at the project have delivered some highly encouraging intercepts, underscoring the project’s potential:

  • A significant intercept of 15 metres grading 612 parts per million (ppm) U3O8 from a depth of 4 metres.
  • Another notable drill hole returned 16 metres at 337 ppm U3O8 from 4 metres.
  • A further intercept of 7 metres grading 1010 ppm U3O8 from a depth of 30 metres.

The widespread distribution of uranium mineralisation observed across multiple prospects, as evidenced by the historical drilling, strongly suggests the presence of a large-scale mineralised system at Madaba.

The Road Ahead: Exploration Pathway

QX Resources is actively preparing for the next phase of its exploration program, with a clear focus on rapidly delineating priority targets for subsequent drill testing. The company has outlined an ambitious plan for the coming weeks, which includes essential field verification work and an airborne radiometric survey. Following these preparatory steps, the first-pass drilling of the identified priority targets is anticipated to commence in the September quarter.

This upcoming drilling campaign is expected to be instrumental in unlocking both the shallow, high-grade potential and the deeper, stacked mineralisation identified at Madaba. The results will pave the way for the company to compile a maiden resource estimate for the project.

Management draws a geological parallel between the Madaba project and the Nyota uranium project, located approximately 250 kilometres away, which boasts a substantial resource of 125 million pounds of U3O8. This comparison highlights the significant geological prospectivity of the region and the potential scale of the Madaba discovery.

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