Crosshair Exploration & Mining has obtained the primary assay results from the current drilling campaign performed at the Central Mineral Belt, which is a uranium-vanadium project situated in Canada.
The assay results from 1,311 m of drilling, totaling seven holes, which were drilled in the structural strip between the Area One and the C Zone, have helped the analysis that the mineralization of uranium and vanadium is constant between the two zones. The company is waiting for the remaining assays.
The company has intersected 0.152% V2O5 over 50 m in the hole ML-11-188, 0.167% V2O5 over 40 m in the hole ML-11-190, 0.170% V2O5 over 34 m in the hole ML-11-191, 0.200% V2O5 over 34 m in the hole ML-11-193 and 0.212% V2O5 over 16 m, 0.172% V2O5 over 15.5 m in the hole ML-11-194
The CEO and President of Crosshair, has commented that these positive assay results have shown the width and grade continuity of the mineralized vanadium, which will be additionally expanded towards the southwest direction.
The mineralized zone’s true thickness is 60% to 90%. The company has sent the split drill core samples to Activation Laboratories in Ancaster, for testing. Inductively Coupled Plasma Mass Spectrometry (ICP-MS) method is employed to test vanadium. Fusion ICP technique is used to re-assay the samples, which go beyond the upper limit for vanadium.