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Recent Press Releases:
November 13, 2008 |
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Solex Resources Corp. Completes Initial Drilling Program and Continues Metallurgical Testing at Macusani South Project
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August 14, 2008 |
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Solex Resources Corp. Announces Delivery Of Metallurgical Test Facility
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August 12, 2008 |
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Solex Resources Corp. Announces Drilling On Macusani South Project Underway
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July 11, 2008 |
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Solex Resources Corp. Confirms Granting Of Drill Permit On Macusani South
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| June 13, 2008 |
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Solex Resources Signs Agreement For Bulk Metallurgical Test At Macusani South Project |
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| March 27, 2008 |
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Solex Confirms New Uranium Mineralization On Its 100% Owned Macusani South Property |
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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 West Projects Map |
Macusani South Regional Geology Map |
Macusani South Partial Radiometrics |
Trenching work conducted in 2006 |
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Introduction: The Macusani South Project is the most accessible of the Company's 100%-owned projects. The area was first generally explored by the company in 2006 with several areas of interest identified for follow up.
Size/Location: The project covers 4,700 hectares just south of the Macusani East JV project. The general area is situated within the Province of Carabay, Department of Puno, SE Peru, and lies within the relatively flat Altiplano of the Eastern Cordillera. The project area is located close to the town of Macusani in an area with better gravel roads for equipment and crew transportation.
Ownership: The project is 100% owned by Solex Resources Corp.
History: Initial prospecting work was initiated by Solex in September, 2006.
Geology/Mineralization: Like the Macusani East project, the project area area is filled by ignimbrites and other pyroclastic rocks of the Pliocene Quenamari Formation. Uranium mineralization observed through surface work appears to consist of secondary yellow to greenish yellow uranium minerals, such as coffinite, autunite, tyuyamunite and carnotite.
Exploration: The Company has confirmed widespread surface uranium mineralization. The 2007 Macusani South Phase 1 exploration program focused on geological mapping, geochemical sampling (131 rock chip and 319 trench samples, which have been submitted for assay) and hand held scintillometre prospecting. As a result of this work, a number of surface anomalies have been identified with visible uranium (predominantly autunite and torbernite) and scintillometre readings in excess of 30,000 counts per second. The uranium mineralization occurs as fracture coatings and disseminations within the Quenamari volcanic host rock. These initial results encouraged the Company to initiate a major radiometric survey to test other parts of the property earlier in the year. A drill program (up to 2,500 metres) is currently being planned to further test high priority targets and is expected to start in Q2/08.
The company plans to conduct channel sampling and trenching in the second quarter of 2008, and possible metallurgical testing, to further refine drill targets.
Solex uses the internationally accredited SGS and CIMM Peru S.A laboratories in Lima, Peru to analyse its samples. CIMM Peru S.A. also has a sample preparation facility in Juliaca, close to the project site.
Macusani South panoramic view showing Yapamayo Member in the near distance |
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