Alx Resources Corp recently completed a successful prospecting program in the McKenzie Lake Uranium Project, located in Saskatchewan, Canada. The company had been busy over the past few months evaluating the potential of the property, and its results have been promising.
The program entailed an initial airborne geophysical survey that was conducted in November 2019. The survey revealed several anomalies that were targeted by the company for further investigation. Alx Resources was able to confirm the presence of three uranium-related targets, one of which is believed to pose the most significant potential for potential uranium mineralization.
Alx Resources went on to complete additional ground geophysiscs and soil sampling, along with mapping and prospecting in the area that is believed to be the source of the anomalies. In addition, the company has conducted diamond drilling in several locations within the project area. The drilling campaign yielded positive samples that will help the company in refining its targets.
Based on the results of the program, Alx Resources is confident that the project has the potential to become a profitable exploration venture in the future. The company is now working to further the exploration process and determine the uranium resources in the area. It can then move forward with exploitation.
The McKenzie Lake Uranium Project is well situated to benefit significantly from the recent surge in uranium prices. The area is known to contain significant resources of uranium and has already attracted the interest of major miners. Alx Resources is optimistic that its program will yield favorable results and lead to the development of the project in the near future.
“Mckenzie Lake Project Unveiled: ALX Resources Corp. Prospects with Success.
