{"id":10724,"date":"2024-06-11T03:56:45","date_gmt":"2024-06-11T03:56:45","guid":{"rendered":"https:\/\/economicherald.net\/?p=10724"},"modified":"2024-06-11T03:56:45","modified_gmt":"2024-06-11T03:56:45","slug":"uranium-exploration-takes-flight-at-kobas-harrier-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10724","title":{"rendered":"Uranium exploration takes flight at Koba\u2019s Harrier project"},"content":{"rendered":"<p>Koba Resources starts inaugural exploration at the Harrier uranium project<br \/>\nThree week field work program includes mapping and sampling over multiple high-priority targets<br \/>\nDrilling to start at Yarramba uranium project in South Australia later this month<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> Inaugural exploration has started at Koba Resources\u2019 high-grade Harrier uranium project in Newfoundland and Labrador, Canada, to test high-priority targets.<\/strong><\/p>\n<p>Harrier sits within a world-class, yet heavily underexplored uranium district that hosts numerous deposits including Paladin Energy\u2019s (ASX:PDN) Michelin deposit, which has a resource of 127.7Mlbs U3O8.<\/p>\n<p>Since <a href=\"https:\/\/stockhead.com.au\/resources\/koba-resources-feeds-its-appetite-for-uranium-with-acquisition-of-high-grade-harrier-project-in-eastern-canada\/\"><strong>acquiring the project in April<\/strong><\/a> this year, <a href=\"https:\/\/stockhead.com.au\/company\/koba-resources-kob\/\"><strong>Koba Resources (ASX:KOB)<\/strong><\/a> has quickly extended the project landholding to 489km2\u00a0after <a href=\"https:\/\/stockhead.com.au\/resources\/koba-delves-deeper-into-canadian-yellowcake-territory-with-huge-uranium-project-expansion\/\"><strong>securing adjacent mining claims<\/strong><\/a>.<\/p>\n<p>Harrier itself features historical exploration that has proven that high-grade uranium mineralisation is widespread across the project with rock chip sampling returning +1% U3O8 from nine different prospects, three of which have never been drilled.<\/p>\n<p>Top samples are 5.83% U3O8 at the Moran Heights prospect, 5.08% U3O8 at Fish Hawk North and 4.86% U3O8 at Brook, significantly higher than the typical mined uranium grade of 0.2% U3O8 found globally.<\/p>\n<p>\u00a0<\/p>\n<p>The Harrier uranium project. Pic: Koba Resources<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Field program underway<\/strong><\/h2>\n<p>KOB has now mobilised a team of geologists and prospectors to carry out an initial three-week field program of mapping and sampling over multiple high-priority targets.<\/p>\n<p>This will seek to better rank and prioritise these prospects and advance them towards drilling.<\/p>\n<p>\u201cKoba is very pleased to get exploration underway at our high-grade Harrier uranium project in eastern Canada. We have abundant targets with high-grade potential across the Project area, where no exploration has been undertaken in more than ten years,\u201d managing director Ben Vallerine said.<\/p>\n<p>\u201cWith rock chip assays exceeding 1% U3O8 from nine different prospects, including assays up to 5.83% U3O8, there is enormous potential to discover large, high-grade uranium deposits within the Harrier Project.<\/p>\n<p>\u201cThis project is located only 50km west of one of the largest uranium resources in North America \u2013 the 127.7Mlb Michelin Deposit. So with high grades and large deposits, this area is exceptionally prospective.<\/p>\n<p>\u201cWith drilling to commence at our Yarramba Uranium Project in South Australia later this month, we have a busy, but very exciting couple of months ahead. Results from our exploration programs will start coming through during July.\u201d<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Koba Resources, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/uranium-exploration-takes-flight-at-kobas-harrier-project\/\">Uranium exploration takes flight at Koba\u2019s Harrier project<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Koba Resources starts inaugural exploration at the Harrier uranium project Three week field work program includes mapping and sampling over multiple high-priority targets Drilling to <a href=\"https:\/\/economicherald.net\/?p=10724\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10725,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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