|By Marketwired .||
|June 27, 2014 06:03 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/27/14 -- Aldrin Resource Corp. ("Aldrin") (TSX VENTURE: ALN) -
-- The first drill hole (ALN14-008) into the Anticline Target returned multiple intervals of uranium (U) consistent with being in the halo of strong mineralization. -- The strongest uranium mineralization intervals include 148.7 ppm U over 1.5 m and 144.8 ppm U over 2.0 m (see table below for details). -- The second hole (ALN14-009) into the Anticline Target also returned U intervals consistent with being within a mineralization halo.
Aldrin Resource Corp. is pleased to announce laboratory analytical results for uranium mineralization from the first two drill holes testing the Anticline Target on the Triple M Uranium Property, which is adjacent to Fission Uranium Corp ("Fission")'s Patterson Lake discovery. The first drill hole into the Anticline Target (ALN14-008) intersected high-count radiation zones as measured by both the down-hole gamma logger, and handheld spectrometers, as detailed in Aldrin news releases dated May 29 and June 19, 2014. Analytical results from ALN14-008 and the second hole into the Anticline Target (ALN14-009) include strong uranium mineralization over significant intervals. The most significant enrichment zones are listed in Table 1.
Drill hole ALN14-008
ALN14-008 most strongly uranium mineralized zones are: a) 53.4 ppm U over 10.0 m between 178.0 and 188.0 m, including a higher value zone of 148.7 ppm U over 1.5 m between 182.5 and 184.0 m; b) 273 ppm U over 0.5 m between 235.0 and 235.5 m; and c) 97.4 ppm U over 3.5 m between 243.0 and 246.5 m, including a higher value zone of 144.8 ppm U over 2.0 m between 243.5 and 245.5 m. A total of 24.0 m of samples greater than 25 ppm U are listed in Table 1.
Drill hole ALN14-009
ALN14-009's most enriched uranium zone is 35.9 ppm U over 2.5 m between 248.5 m and 251.0 m, including a higher enrichment zone of 69.3 ppm U between 248.9 m and 249.9 m. A total of 4.7 m of sample greater than 25 ppm U from ALN14-009 are reported in Table 1. Uranium in ALN14-009 and ALN14-008 is consistent with both being in a halo of mineralization, with ALN14-008 likely being nearer to the source.
Table 1: Uranium analytical results from drill holes ALN14-008 and ALN14-009.
ALN14-008 - first drill hole testing the Anticline Target SRC total digestion Intervals: From (m) To (m) U ppm Interval (m) ---------------------------------------------------------------------------- 178.0 188.0 53.4 ppm 10.0 m Including: 182.5 184.0 148.7 ppm 1.5 m 235.0 235.5 273 ppm 0.5 m 243.0 246.5 97.4 ppm 3.5 m Including: 243.5 245.5 144.8 ppm 2.0 m 257.0 261.0 34.3 ppm 4.0 m 268.5 270.0 38.3 ppm 1.5 m 287.5 292.0 26.3 ppm 4.5 m ALN14-009 - second drill hole testing the Anticline Target SRC total digestion ICP Intervals: From (m) To (m) U ppm Interval (m) ---------------------------------------------------------------------------- 218.2 220.5 21.1 ppm 2.3 m 239.0 240.1 64.3 ppm 1.1 m 248.5 251.0 35.9 ppm 2.5 m Including: 248.9 249.9 69.3 ppm 1.0 m 254.1 255.2 27.8 ppm 1.1 m 289.0 291.6 14.2 ppm 2.6 m
Background in the meta-sedimentary rocks in the target area is 2 ppm U or less.
Samples were selected based on elevated responses in hand-held spectrometers and the down-hole gamma logger. The 10.0 m zone of 53.4 ppm U between 178.0 and 188.0 m reported above for drill hole ALN14-008 can be compared to hand-held RS-125 spectrometer measurements (made every 0.25 m; as detailed in the news release dated May 29, 2014), which established an average of 13.8 ppm U over 10.25 m between 176.0 and 186.25 m. The high value zone of 144.8 ppm U over 2.0 m between 243.5 and 245.5 m reported above for ALN14-008 compares well to the highest down-hole logger gamma counts zone which reached 1850 counts per second (CPS) between 243.1 m and 246.2 from the down-hole logger, as reported in the news release of May 29.
Most samples were 0.5 m or less in thickness. The core was (NQ = 49 mm diameter) was split at the field camp, and sampled with 1/2 of the core bagged and delivered securely by Aldrin personnel to SRC Geoanalytical Laboratories ("SRC") in Saskatoon, which is an ISO/IEC accredited facility. SRC analyzed the samples using their ICP1 routine, which provides both partial and total digestion followed by multi-element inductively coupled plasma - optical emission spectroscopy (ICP-OES) as well as analyzing for the important pathfinder element boron (further details of analytical procedures are available on SRC's website www.src.sk.ca). Sample results were composited based on weighted averages to give the reported interval values.
Total digestion values are reported above and in Table 1. Partial digestions for the more enriched samples are close to the total digestion values. For example, partial digestion values average +90% of the total digestion values for the ten most enriched samples in drill hole ALN14-008 are between 116 ppm and 273 ppm U. Most of the uranium being released by partial digestion in the most mineralized samples is consistent with the uranium being hosted in potential ore minerals pitchblende or uraninite rather than more refractory minerals.
Boron as pathfinder element
Boron (B) is an important pathfinder element for uranium exploration, where it can occur in the mineral dravite or clay minerals derived from dravite. Strongly elevated boron values occur in drill hole ALN14-008, with the three highest values at 1700 ppm B, 1130 ppm B, and 926 ppm B. The remaining 87 samples from ALN14-008 range between 14 ppm B and 370 ppm B. Interestingly, some of the most boron enriched samples are adjacent to uranium mineralized zones, supporting boron's utility as an aid to identifying haloes to uranium mineralization. For example, the two most boron enriched samples of 1700 ppm B and 1130 ppm B respectively occur immediately adjacent to, but outside, the uranium mineralized zone of 97.4 ppm U over 3.5 m between 243.0 and 246.5 m.
Consistent with being in the halo of significant mineralization
Aldrin believes the uranium mineralization in drill holes ALN14-008 and ALN14-009 is consistent with being within a halo of uranium mineralization centered in the Anticline Target. Aldrin further believes that the analytical results and down-hole gamma logging results of ALN14-008 and ALN14-009 compare encouragingly to haloes of high-grade uranium mineralization elsewhere in the Athabasca Basin, including pre-discovery drill results from Fission Uranium Corp. ('Fission")'s spectacular Patterson Lake discovery on their PLS property located adjacent to Aldrin's property. Fission's 2012 drill program is described in the Alpha Minerals Inc ("Alpha") 43-101 technical report dated April 2013 (written for Alpha before their merger with Fission and available on www.sedar.com and the information provided below is summarized from that source. Aldrin has not verified the data reported in the 43-101 technical report. Note that Fission/Alpha reports using the same type of Mount Sopris 2PGA-1000 down-hole gamma logger used by Aldrin. In the report's description of their drill history, Fission/Alpha reports their 15th hole in 2012 (DDH PLS12-015) encountered two zones with high gamma counts of 1483 CPS and 3234 CPS, respectively, and returned highest uranium analysis of 156 ppm U and maximum boron value of 216 ppm. Fission/Alpha's 16th and last drill hole (DDH PLS12-016) of their winter-spring program was located 673 m northeast in the same conductive corridor and intersected high counts of 4197 CPS and 6032 CPS, corresponding to 208 ppm U over 3.1 m, and 224 ppm U over 7.1 m respectively, as well as a reported maximum boron value of 621 ppm B. The next autumn, Fission returned to drill their discovery hole (DDH PLS12-022) as a 10 m step out from this hole DDH PLS12-016. Aldrin recognizes that our gamma counts and uranium results are not yet as high as Fission/Alpha's DDH PLS12-016, and we also note that mineralization on Fission's adjacent PLS Property is not necessarily indicative of the mineralization on the Triple M Property. However, Aldrin is very encouraged to resume drilling after completing some high-resolution ground geophysical surveys, and believes we may be well on the way to discovery at the Anticline Target.
Johnathan More, CEO and Director remarked, "I am pleased with the strong analytical results demonstrating substantial intervals of uranium mineralization at our Anticline Target. I believe we may be well on our way to a material discovery."
Dr. Cookenboo is a Qualified Person (QP) by the standards of National Instrument 43-101. He has reviewed the technical data described above and approves the contents of this news release.
ON BEHALF OF THE BOARD
Johnathan More, CEO and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Aldrin Resource Corp.
CEO and Director
(604) 681-0796 (FAX)
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
Jul. 29, 2016 08:00 AM EDT Reads: 429
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Jul. 29, 2016 07:45 AM EDT Reads: 954
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Jul. 29, 2016 07:30 AM EDT Reads: 997
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Jul. 29, 2016 07:30 AM EDT Reads: 565
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Jul. 29, 2016 07:15 AM EDT Reads: 1,622
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Jul. 29, 2016 06:45 AM EDT Reads: 2,359
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 29, 2016 05:00 AM EDT Reads: 1,424
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jul. 29, 2016 04:45 AM EDT Reads: 2,567
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Jul. 29, 2016 04:45 AM EDT Reads: 2,362
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Jul. 29, 2016 04:30 AM EDT Reads: 1,408
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jul. 29, 2016 04:15 AM EDT Reads: 2,677
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Jul. 29, 2016 03:45 AM EDT Reads: 1,043
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
Jul. 29, 2016 02:45 AM EDT Reads: 1,604
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Jul. 29, 2016 02:30 AM EDT Reads: 1,463
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
Jul. 29, 2016 02:00 AM EDT Reads: 1,686