The Asnebogruvan rock chip results include a peak value of 7.7% uranium from old workings at Langvattnet. This improves on the previous maximum reported value of 4.7% uranium by SGU work. Other samples ranged from 0.21% to 1.04% uranium. The five uranium samples taken at Asnebogruvan averaged 1.9% uranium. Also, assays at Langvattnet confirmed the anomalous rare earth element and gold signature of the prospect with thorium values peaking at 0.1% and gold at 1.6g/t. The Langvattnet anomaly is a high priority drill target for the company with the potential for discovering very high grade uranium mineralisation and associated rare earths and gold similar to iron oxide copper gold (“IOCG”) style deposits.
HDG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held