Berkeley Energia (BKY) continues exploration programme targeting Zona 7 style deposits

Berkeley Energia (BKY) is pleased to announce that it has commenced the next phase of its exploration campaign focussed on discovering additional deposits with similar characteristics to Zona 7, which is located close to the surface and without a strong radiometric anomaly present.

Managing Director, Mr Paul Atherley, commented: 

“Whilst we continue to progress development on site, we are also focussed on completing targeted exploration programmes aimed at unlocking the potential of our 1,160km² landholding within this heavily mineralised province. 
 
Given the transformational effect the shallow, high grade Zona 7 deposit has had on the project's economics, the focus of our upcoming exploration programme is to look for more of the same using a broad array of modern exploration techniques over two prospective areas."

To watch Managing Director, Paul Atherley's, latest update on pre-construction works at the Salamanca project please click the video below

The discovery of the high grade extensions at the Zona 7 deposit in late 2014 transformed the economics of the project and changed the Company’s geological model for the region. 
 
In parallel with the ongoing development on site, the Company continues to conduct exploration with the potential to increase the project’s production profile or mine life. 
 
Following extensive structural mapping and the interpretation of regional geological structures, two areas totalling 100 km2 have been selected for an intensive geochemical sampling programme, that will include 2,500 samples on a 200m x 200m grid. 
 
The programme will incorporate the latest uranium exploration techniques with samples being tested for mobile metal ions using the Ionic Leach™ technique. This highly sensitive technique can detect extremely low levels of uranium and other critical elements and is widely acknowledged to be the most adept at identifying subtle anomalies.
 
To complement the soil sampling/Ionic Leach™ programme, the Company will also undertake ground radiometric survey readings and radon emissions tests at each of the sample collection points.
 
Two field crews will be focussed on carrying out the planned exploration activities over the two priority areas during the coming months, with the goal of identifying drill targets.
 
In addition to this new exploration programme, the Company will continue with exploration below Zona 7, where previous high grade intercepts were found beneath the current defined resource, demonstrating continuity of mineralisation and potential for the resource to increase.
 
To read the full announcement please click here.
 

Kind Regards,

Katie Ryall, The Berkeley Energia Team
+44 (0)203 903 1930