{"id":6834,"date":"2024-03-07T01:58:02","date_gmt":"2024-03-07T01:58:02","guid":{"rendered":"https:\/\/economicherald.net\/?p=6834"},"modified":"2024-03-07T01:58:02","modified_gmt":"2024-03-07T01:58:02","slug":"does-huge-uranium-potential-exist-on-marmotas-side-of-the-high-grade-jasons-deposit","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=6834","title":{"rendered":"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit?"},"content":{"rendered":"

Marmota identifies potential extension of Boss Energy\u2019s Jason\u2019s uranium deposit
\nNew target is contained within the same or similar depression as Jason\u2019s
\nFocus turns to preparing the first restart drill program at Junction Dam<\/p>\n

\u00a0<\/p>\n

Special Report:<\/em> Marmota\u2019s review of its Junction Dam uranium project has a new high priority exploration target immediately adjacent to Boss Energy\u2019s high grade Jason\u2019s deposit in South Australia.<\/strong><\/p>\n

While Junction Dam already boasts a 5.4Mlb uranium oxide resource at an average grade of 557ppm U3O8 within the Saffron deposit \u2013 similar in grade to\u00a0Boss Energy\u2019s (ASX:BOE)<\/strong><\/a>\u00a0adjacent Honeymoon mine \u2013 there is clearly room for growth as the project bookends both sides of the palaeochannel that runs through Honeymoon.<\/p>\n

This led Marmota (ASX:MEU)<\/strong><\/a> to launch a four-part review led by well-known yellowcake expert Mark Couzens\u00a0<\/strong><\/a>late last year to unleash its potential and design the Junction Dam re-start drill program.<\/p>\n

Earlier stages highlighted two Namba Formation paleochannels<\/strong><\/a>\u00a0with uranium mineralisation at the base of the channel, similar to Heathgate Resources\u2019 Beverly uranium mine, as well as two Eyre Formation paleochannels.<\/p>\n

It also identified an extensive and intriguing paleochannel<\/strong><\/a> at the Yolanda prospect.<\/p>\n

\u00a0<\/p>\n\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0The area covered by the Stage 4 review. Pic: Supplied (MEU)<\/em><\/p>\n

\u00a0<\/p>\n

Potential Jason\u2019s extensions<\/strong><\/h2>\n

The final stage of the review, which focused on the northwest corner of Junction Dam, has now identified a new high-priority uranium exploration target immediately adjacent to BOE\u2019s Jason\u2019s deposit (10.7Mlbs U3O8 @ 790ppm U3O8) which is also Boss\u2019s highest grade uranium resource.<\/p>\n

State gravity imagery was used to identify potential extensions of the uranium-carrying Jason\u2019s paleochannel across to MEU\u2019s side of the tenement.<\/p>\n

\u00a0<\/p>\n\n

\u00a0 Interpretation of the Jason\u2019s region showing priority drilling region on the Marmota side of the tenement boundary<\/em><\/p>\n

\u00a0<\/p>\n

This data showed the presence of a large basement high around which the paleochannel flows.<\/p>\n

Both Jason\u2019s and Jason\u2019s South are located in a depression along the Yarramba paleovalley at the edge of a large basement high.<\/p>\n

The same or similar depression then continues and extends north into the Marmota tenement.<\/p>\n

A second larger zone to the east of the priority target has been identified as an area of interest with similar looking depressions to the main target area.<\/p>\n

While the new areas are almost entirely untested, a hole drilled by Sedimentary Uranium in 1972 reported an anomalous gamma radiation reading on the edge of the target depression.<\/p>\n

\u201cThe NW corner of Junction Dam has always been a tantalising target. We now have our first real understanding of the potential of the target area, and the priority targets, adjacent to the area that yields Boss its highest resource grades,\u201d MEU chairman Dr Colin Rose said.<\/p>\n

\u201cWe are delighted with the tantalising imagery that has emerged from the state gravity analysis when combined with the known paleochannels, and the potential for Marmota.<\/p>\n

\u201cThe four-stage uranium review has dramatically changed our concept of the potential, scale and size of Junction Dam. It has been enormously successful. Focus will now turn to preparing the first restart drill program at Junction Dam.\u201d<\/p>\n

\u00a0<\/p>\n

This article was developed in collaboration with Marmota, a Stockhead advertiser at the time of publishing. <\/em>\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit?<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Marmota identifies potential extension of Boss Energy\u2019s Jason\u2019s uranium deposit New target is contained within the same or similar depression as Jason\u2019s Focus turns to [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":6835,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nDoes huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit? - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=6834\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit? - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Marmota identifies potential extension of Boss Energy\u2019s Jason\u2019s uranium deposit New target is contained within the same or similar depression as Jason\u2019s Focus turns to [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=6834\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-07T01:58:02+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit?\",\"datePublished\":\"2024-03-07T01:58:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834\"},\"wordCount\":588,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/MEU-main-50KB8E.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=6834\",\"name\":\"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit? - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/MEU-main-50KB8E.jpeg\",\"datePublished\":\"2024-03-07T01:58:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=6834\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/MEU-main-50KB8E.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/MEU-main-50KB8E.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=6834#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit? - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=6834","og_locale":"en_US","og_type":"article","og_title":"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit? - Economic Herald","og_description":"Marmota identifies potential extension of Boss Energy\u2019s Jason\u2019s uranium deposit New target is contained within the same or similar depression as Jason\u2019s Focus turns to [more...]","og_url":"https:\/\/economicherald.net\/?p=6834","og_site_name":"Economic Herald","article_published_time":"2024-03-07T01:58:02+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=6834#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=6834"},"author":{"name":"","@id":""},"headline":"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit?","datePublished":"2024-03-07T01:58:02+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=6834"},"wordCount":588,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=6834#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/03\/MEU-main-50KB8E.jpeg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=6834","url":"https:\/\/economicherald.net\/?p=6834","name":"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit? - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=6834#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=6834#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/03\/MEU-main-50KB8E.jpeg","datePublished":"2024-03-07T01:58:02+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=6834#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=6834"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=6834#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/03\/MEU-main-50KB8E.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/03\/MEU-main-50KB8E.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=6834#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Does huge uranium potential exist on Marmota\u2019s side of the high-grade Jason\u2019s deposit?"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/6834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6834"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/6834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/6835"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}