Announcement Date: 2022-03-07
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: 92 Energy Ltd.
Project name: Gemini
Location: Canada
Commodities: Uranium
Highlight: Elevated radioactivity intersected in first three drillholes
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: 92 Energy Limited (ASX: 92E) (“92 Energy” or “the Company”) is pleased to provide an exploration update on the current drilling activity at the GMZ Uranium Discovery at its 100% owned Gemini Project. To date, the Company has completed four drillholes at the GMZ, with all four drillholes (incl. initial discovery hole GEM-004) intersecting elevated radioactivity. GEM22-005, GEM22-006 and GEM22-008 (Figures 1 and 2, Table 1) are the first three winter 2022 drill holes completed at the GMZ since the initial discovery hole, GEM-004, which returned 5.5m at 0.12% U3O8 (refer to ASX Announcement dated 20 September 2021). GEM22-005, GEM22-006 and GEM22-008 all intersected elevated radioactivity, which has now been defined over a length of 84m across strike (Figure 2 and Table 2). The most intense radioactivity encountered thus far in the winter 2022 program was intersected in drillhole GEM22-006, which cut a total of 14m of composite elevated radioactivity ranging from
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