Pegasus Resources has announced significant findings from its latest sampling program at the Energy Sands project in Utah, a site with a history of uranium production. The company's CEO, Chris Timmins, reported that 13 out of 41 samples collected showed uranium (U3O8) grades above 1%, with sample ESRS24-016 reaching an exceptional 18.8% U3O8 concentration. Another sample, ESRS24-007, recorded a 3.5% U3O8 grade. These results not only confirm the high-grade uranium potential at Energy Sands but also bolster the company's confidence in the asset's mineralization, guiding future drill targeting and permit applications.
The sampling program, conducted over 13 days, utilized the RS-125 handheld spectrometer to pinpoint uranium mineralization areas. Samples were gathered from mineralized outcrops, tailings, and historical mine workings, contributing to a comprehensive geological mapping effort. This initiative marks a pivotal step in Pegasus Resources' exploration strategy, offering insights into the uranium and vanadium prospects of the Energy Sands property. For more details on the project, visit https://www.pegasusresources.com.
These findings underscore the Energy Sands project's potential and Pegasus Resources' commitment to sustainable resource development. The high-grade uranium samples pave the way for further exploration and position the company for success in the uranium sector. The data collected will play a crucial role in informed decision-making as Pegasus advances its exploration activities.
