San Jorge

Overview

TYPE OF PRODUCT OBTAINED FROM IT: Uranium

DEPOSIT TYPE: Sandstone-hosted uranium deposits

The uranium exploration in Golfo San Jorge basin was commenced in the 50s by the National Atomic Energy Commission (CNEA). Later in the 2000s, other foreign-capital financed companies joined CNEA for the element exploration, leading to the expansion of the investigation at a regional level with aim of new prospects. Hanaq owns numerous claims split up into 3 blocks which are under different investigation and exploration stages. Other companies conducted campaigns in the same areas and found uranium and vanadium anomalies in different zones with different relevant grades. Two small-scale producers, the mines of Los Adobes and Cerro Condor, operated during the decade of 1970. By the end of the 70s, an airbone radiometric and aeromagnetic survey was carried out in San Jorge basin resulting in a total of 2,372 uranium anomalies within the 170,000km² of the studied area (CNEA, 1997).

In 2019, Hanaq identified and assessed 3 property blocks by analyzing its potential, geological data and determining new areas of interest. All these activities were conducted in order to carry out long-term exploration programs.

Hanaq is making use of all his efforts and resources so as to develop greater-potential projects, hence; the aim of assessing the blocks in Chubut is to succeed in an economically viable deposit in the region.

Location Map

AMOUNT OF HECTARES: 35,892Ha

The group of properties of Hanaq in the province of Chubut covers 35,892 ha of the highly-prospective area of Golfo San Jorge basin. Uranium mineralization (U308) is mainly a sandstone-hosted type. The CNEA (the National Atomic Energy Commission) has informed about a pre-feasibility study carried out in this area for Cerro Solo deposit which accounts for 4,600 tons of uranium at 0,3%.