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Recent Press Releases:
| January 23, 2008 |
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Solex Resources Corp. Confirms Extention To Macusani Uranium District |
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| December 12, 2007 |
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Solex Resources Corp. Provides Exploration Update On Three Wholly Owned Uranium Projects In Peru |
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| June 6, 2007 |
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Solex Resources Corp. Provides Update on Exploration Projects in Peru |
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| August 23, 2006 |
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Solex Resources Corp. Announces Further Staking In Macusani District |
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Macusani 100% Owned Projects Map |
Macusani West Anomaly Map |
Silificified Porphyry Rhyolitic Intrusive with Radiometric Values over 2,500 cps |
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Introduction: The Macusani West project is currently in the early exploration stage, having been staked in mid-2006. The Company claimed the area due to geological similarities to the Macusani East JV project on which extensive exploration had been conducted.
Size/Location: The Macusani West Project covers 38,100 hectares directly west and southwest of the Macusani East JV project. The concessions are situated within the Province of Carabay, Department of Puno, SE Peru, and lies within the relatively flat Altiplano of the Eastern Cordillera. Access is by paved road along the highway to Cuzco (approx. 65 km from Juliaca), and then by all-season gravel road to the town of Macusani (approx. 135 km). The climate in the region is semi-arid.
Ownership: The projects are all 100% owned by Solex Resources Corp.
History: The Company claimed the Macusani West Projects after Dr. Alan Clark, a professor emeritus of Queen's university who has studied the Macusani region for the last three decades, noted that there were pronounced geological similarities between the claims seen on Macusani West and those that were previously explored on the Macusani East claims.
No previous exploration has been conducted in the concessions prior to Solex.
Geology/Mineralization: The Macusani West Projects are situated along the western flank of the Eastern Cordillera. The area contains a number of northwest trending depressions, interpreted to be due to tectonism, which are filled by ignimbrites and other pyroclastic rocks of the Pliocene Quenamari Formation. Uranium mineralization consists primarily of secondary yellow to greenish yellow uranium minerals, such as coffinite, autunite, tyuyamunite and carnotite.
Exploration: A comprehensive regional exploration and reconnaissance program is underway to augment the company's understanding of the geology in the district and to identify priority target areas for further exploration. Since September 2007, a total of 22,700 hectares have been surveyed and over 461 rock samples have been collected for laboratory analysis.
Results from rock chip analysis has now identified at least 11 new anomalies in the previously unexplored Macusani West project and are summarized below. Detailed exploration programs are now being prepared to follow up on these initial anomalies.
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