Uranium and Rare Earth Exploration Madagascar

Uranium and Rare Earth Exploration Madagascar

Bekitoly Resources Limited (“BRL”) is a London based Resource Company co-founded by the Vuna founders which is principally engaged in the strategic acquisition, exploration and development of uranium, rare earth deposits and  other mineralised areas in Madagascar.

Between the 1946 and 1968, Madagascar was the focus of widespread uranium exploration led by the French Commissariat de l’Energie Atomique. This work resulted in the identification of numerous uranium deposits in the southeast of the country that were exploited during the 1950s and 60s.

The Bekitoly property occurs within this historically important uranium mining district and includes 8 of the historical open-pit deposits. It encompasses 25 sq. km and is one of only a few areas that have been granted exclusive prospecting and exploitation rights for a period of 40 years (until 2043).

The property is prospective for both uranium and rare earth element mineralisation that is host by metasomatic skarns and pegmatites. Uranothorianite (U-Th) mineralisation is host by metasomatic calcsilicate rocks, particularly diopside skarn. Rare earth elements preferentially occur within pegmatite containing what has tentatively been identified as allanite (a mineral that often contains appreciable quantities of rare earth elements).

Exploration activities to date have included airborne radiometrics, an airborne hyperspectral survey, ground radiometrics, ground magnetics, mapping, grab sampling, trenching and drilling.

Ground geophysics has identified numerous widespread radiometric anomalies with uranium and thorium scintillometer readings of up to 26,257 and 43,215 ppm respectively.

Grab sample results from within and adjacent to the property have returned some very high-grade uranium values of > 10,000 ppm (1 %) - the upper limit of detection of the analysis method. Of the 237 samples, more than 25 percent have uranium values of greater than 1,000 ppm (0.1 %). 

Grab sample results from pegmatite containing what is thought to be allanite often contain elevated quantities of uranium and thorium (up to 3,550 ppm U and 53,300 ppm Th), but are characteristically enriched in rare earth elements. Results include values of up to 158,000 ppm cerium (Ce); > 1,000 ppm dysprosium (Dy) - the upper limit of detection; > 1,000 ppm erbium (Er) - the upper limit of detection; up to 1,210 ppm gadolinium (Gd); 95,600 ppm lanthanum (La); 35,000 ppm neodymium (Nd); 13,600 ppm Praseodymium (Pr); 2,790 ppm Samarium (Sm) and > 10,000 ppm yttrium (Y) - the upper limit of detection.

Trenching has been completed over many of the conspicuous ground radiometric anomalies, with sample results returning up to 4,010 ppm (0.4 %) U and 9,850 ppm (0.99 %) Th.

Core drilling has been completed at five areas within the property, with results of up to 8,520 ppm (0.85 %) uranium (averaging 92 ppm) and 3,920 ppm (0.39 %) thorium (averaging 166 ppm). The best uranium intersection so far has been 2.2 m @ 3,025 ppm U and 1,425 ppm Th.

The rock types associated with the highest uranium and thorium values are skarns. The skarns are widespread across the property and pegmatite-hosted allanite occurrences have been confirmed in at least 4 disparate localities (with other localities indicated but awaiting ground verification).

Compilation of the available data suggests that there are numerous areas of the property with good indications that remain untested.
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