Regalo Uranium

Pacific Bay’s 400sq KM, 100% owned Regalo uranium property is located in the Patagonia Region of southern Argentina.  After initially exploring Regalo for gold from 2003-2005, Pacific Bay discovered an outcrop sample assaying 205 ppm uranium on the Regalo property and initiated further activities for its uranium potential.   In 2007, Pacific Bay initiated a 400,000 KM airborne radiometric and magnetic survey at Regalo.  Completed in 2008, the survey identified numerous priority uranium targets.

Geologist Dr. Richard Culbert crossing the Chubut River during 2011 Regalo exploration program

Geologist Dr. Richard Culbert crossing the Chubut River during 2011 Regalo exploration program

During Q1 of 2011, a Pacific Bay team conducted a helicopter supported follow-up of the uranium anomalies outlined by the airborne survey. This work resulted in the discovery of a new zone currently estimated to cover about one square kilometer. Strong scintillometer readings (1,500-5,000 CPS) were measured across the zone, where assays returned uranium values up to %0.138. The mineralized zone is associated with a regional fault with uranium minerals found in sandstones and conglomerates of the Los Adobes Formation, likely associated with hydrothermal activity in a regional and local fault system.

Maps

Site Location in Aregntina

Site Location in Aregntina

Map of Regalo Airborne Uranium Anomalies

Map of Regalo Airborne Uranium Anomalies

 

 

Google Earth Radiometric Anomaly Map

Google Earth Image with radiometric anomalies circled