U-Th-REE project of roughly 20.0 km² in Northern Norway.
The 100% Teako owned Nordelva project consists of two contiguous claims over 20 km2 and targets high grade uranium pegmatite mineralization 6.5km east of the Sørdalen project. Multiple enriched samples were obtained in 1976 with a notable pegmatite sample returning 1.3% U (Lindahl 1976)1. Historic radiometric data shows positive uranium, magnetics and U/Ca and Th/Ca ratios anomalies across the area.
Stream sediment samples and gold panning completed during the same period show an abundance of scheelite crystals in the stream beds, indicating the potential for tungsten mineralization within the same catchment if not intrinsically associated with the uranium bearing pegmatites in the area.
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1Teako has not performed sufficient work to verify the published data reported above, but the Company believes this information to be considered reliable and relevant. Results reported are maximum values and may not be representative of all samples collected within the area being evaluated
2References made to nearby mines and analogous deposits provide context for the regional targets but are not necessarily indicative that these targets host similar tonnages or grades of mineralization.
References
I Lindahl (1976) URANPROSPEKTERING I NORGE, Oppdrag 1416/2, Norges geologiske undersØkelse
References to the ‘NGU’ regard the ‘Norwegian Geological Survey’, in particular, their Resource Database and are consolidated under this citation for simplicity. For all data sourced from this resource, please refer to: https://geo.ngu.no/kart/mineralressurser_mobil/?lang=eng
Exploration-stage project. Any historical production, grades or estimates quoted in project descriptions are historical in nature, have not been verified by the Company as current mineral resources or reserves, and should not be relied upon. See the cautionary statements and the Qualified Person statement.