VANCOUVER, Sept. 27, 2017 -
Senator Minerals Inc. (TSX-V:SNR) (OTC:SNRAF) (Frankfurt:T1KA) (“Senator” or the “Company”) is pleased to announce that the Company has completed the deployment of Alpha Track radon gas sensors in an array over the Carter Lake Conductive Zone, which was previously identified through a VTEM (Mag/EM) survey, performed by ESO Uranium Corp. The Company is confident that this milestone will be a significant step forward and it is excited to receive the results from this work program.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/83d079a9-faf9-4e4d-a891-cb24359ea2dd
In all, the target area is being inspected with 158 radon gas cups that will be retrieved and subsequently sent to the lab for assay. Anomalous radon gas, which is a product of uranium decay, gives a direct correlation to the presence of subsurface uranium. Cameco, AREVA and Purepoint are currently investigating subsurface conductive anomalies in the Hook Lake Project, which adjoins Senator’s Carter Lake project to the south. The principal targets at Hook Lake are in essence highly similar to those being investigated at the Company’s Carter Lake Project: northeast trending sub-surface conductive anomalies residing within structural faults. Drilling at Hook Lake has already tested positive for uranium mineralization.
The Carter Lake Uranium Project lies within the Carter Lake Corridor, a structural break in the Athabasca Basin that is parallel to the Patterson Lake Corridor, the structural control of mineralization at both the PLS and Arrow deposits. The Carter Lake Uranium Project also borders Purepoint/Cameco/AREVA’s Hook Lake Project to the south. The principal exploration target at Carter Lake is approximately 4.7 kilometres of subsurface conductive anomalies, identified in a 2006 MegaTEM survey and a 2008 VTEM survey, both completed by ESO Uranium Corp. The anomalies are interpreted as a conductive horizon, at or above the unconformity and which may be indicative of hydrothermal enrichment.
Peter Born, P.Geo., a Qualified Person, has reviewed and approved the disclosure of technical information within this news release.
For further information contact Tim Fernback at 604-340-3774.
Tim Fernback
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this release that are forward-looking information are subject to various risks and uncertainties concerning the specific factors disclosed here. Information provided in this document is necessarily summarized and may not contain all available material information. All such forward-looking information and statements are based on certain assumptions and analyses made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading “Risks Factors” in the Company’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information or statements.
