Online Forum Energy Metals (TSXV: FMC, OTCQB: FDCFF) President and CEO Richard Mazur and Vice President of Expedition Dr. Rebecca Hunter think the business’s Nunavut uranium job in the Thelon Basin hosts deposits comparable to what can be discovered in the Athabasca Basin.
” The Thelon Basin is a big sandstone basin, similar to the Athabasca, so basically it’s the exact same type, and it’s likewise the exact same age– 1.7 billion years of ages. And they overlie … the basement rocks, below the sandstone basin; they’re of comparable age too, and character,” Dr. Hunter discussed.
” And the biggest and the most essential resemblance is that you have these big fault zones, and it’s the fault zones that transport the fluids and speed up uranium, and the Thelon Basin has really comparable structures that the Athabasca does.”
The business is starting a drilling project at the Nunavut job following a current C$ 2 million non-brokered personal positioning funding
Mazur stated the Thelon Basin is among 3 basins on the planet with a financial uranium deposit. “Our company believe that this job up in Nunavut in the Thelon Basin can be a transformative job for the business … all we need to do is act and drill it. However we feel really positive that there are some huge uranium deposits to be discovered in Nunavut on our Thelon job.”
Enjoy the complete interview above with Richard Mazur, president and CEO of Online Forum Energy Metals, and Dr. Rebecca Hunter, vice president of expedition.
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