The GMZ Discovery
Winter-22 Results Presentation
Siobhan Lancaster - Managing Director April 2022
ASX: 92E
Exploring for high-grade uranium in the Athabasca Basin, Canada.
Five projects all 100% owned by 92E, including Gemini which hosts the GMZ uranium discovery.
What is the GMZ Uranium Discovery?
GMZ discovery hole: GEM-004 intersected 5.5m @ 0.12%
U3O8.
Winter-22: 12 drillholes completed at the GMZ, with 11 returning anomalous radioactivity >300 counts per second (cps)
Last four drillholes from the GMZ returned strong radioactivity readings over wide intervals.
GEM22-019 intersected 22m of elevated radioactivity with a max of 15,780 cps, compared to 5.3m of elevated radioactivity and max 2,200 cps from GEM-004.
Currently awaiting uranium assay results to confirm radioactivity readings.
Image: GEM22-019 - RS-121 Hand-held Scintillometer
* Refer to ASX Announcement 20 September 2021, ASX Announcement 6 April 2022
Drill Hole ID Number | Scint. | CPS Interval | Max CPS | Uranium Assay |
GEM-004 (Discovery hole) | RS-125 | 5.3m | 2,200 | 5.5m@.12% U308 incl. 0.5m @.36% |
GEM22-019 | RS-121 | 22.0m | 15,780 | Awaiting Assays |
GEM22-022 | RS-121 | 25.5m (Composite) | 7,860 | Awaiting Assays |
GEM22-017 | RS-121 | 22.0m | 3,030 | Awaiting Assays |
GEM22-023 | RS-121 | 12.0m | 5,760 | Awaiting Assays |
GEM22-006 | RS-121 | 14.0m | 2,230 | Awaiting Assays |
Final four winter 2022 drillholes have maximum cps readings substantially higher than GMZ discovery drillhole GEM-004, as well as substantially thicker intervals.
* Refer to ASX Announcement 20 September 2021, ASX Announcement 6 April 2022
Image: Section slice looking northwest showing thick zones of radioactivity in GMZ drillholes GEM22-017, 019 and 022. Refer to ASX Announcement 6 April 2022
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92 Energy Ltd. published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 00:04:01 UTC.