The company is assessing the potential for core drilling to target near-surface historic mine shafts and workings with historic uranium production at the REX site.

Delecta Ltd has ticked the completion of a drone survey at the REX Uranium Project in Colorado, USA off its list.

The Orthophoto drone-led mapping survey delivered 100% mapping coverage of the project area, including old mines, adits, air shafts, waste dumps, prospecting pits, tracks, and outcropped uranium-vanadium mineralisation.

Recent sampling programs conducted by Delecta (ASX:DLC) have also identified historical uranium workings at REX, which have not been previously explored.

Following the purchase of locally sourced historical data, significant historical uranium production and plans for old workings have been confirmed.

A comprehensive review of the historic data is underway, with new survey data to be overlayed to identify new exploration targets.

Drilling to start in 2022

Mapping and sampling activities are the first modern exploration completed at REX, designed to vector down on uranium drill targets and with the intention to assess the potential for core drilling.

Drilling programs are being developed to kick off in the first half of 2022.

Assays rejected by ALS Global in Reno Nevada on October 7 due to radiation limits exceeding laboratory thresholds are still pending.



This article was developed in collaboration with Delecta Limited, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.