(via NewsDirect)
Timmins elaborated on the successful outcomes of the recent ground program. The program provided a comprehensive geological map that includes a detailed analysis of lithologies, geological structure, mineralization styles, and controls. It also confirmed the presence of paleochannel structures that govern the uranium and vanadium mineralization on the property. These findings are critical as they enhance the company's understanding of the geological framework and potential resource distribution within the project area.
Timmins expressed confidence in the collaboration with Dahrouge, highlighting the consulting firm's expertise and the detailed nature of the geological model they produced. He emphasized that the model not only validates the initial exploration findings but also provides a clear pathway for future exploration and development activities.
The geological model's development is expected to significantly enhance Pegasus' ability to attract potential investors and partners. It underscores the project's potential and lays the groundwork for a detailed drilling program aimed at defining and expanding the known mineral resources.
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