The Upinor Project was subject to a detailed spacing low altitude helicopter-borne radiometric-magnetic survey which resulted in favourable high uranium/thorium ratios on the discovery area. The discovery of this thick and continuous sub-horizontal stratabound radioactive unit with high cps and good U/Th ratios is considered very significant by the Dios/Sirios exploration team. This discovery bears similarites to the Rössing world class uranium deposit in the occurance of mineralization associated with anatexis pegmatite dyke-swarms, in close proximity, making it amenable to opencast, low-cost mining.
The Upinor property is located some 30 kilometers north of the Opinaca Nord uranium project. 2008 field work already enlarged the uraniferous outcrop to 5 km long by 0.2 to 0.6 m wide, and a drilling campaign is already planned for the summer on this significant discovery.
To round off its Uranium portfolio Dios also owns the PAM and U2 uranium properties located within this potential new uranium district.
Potential for a new Uranium district in Quebec:
February 2008: Economic values over 2000-metre basement rock sample survey, up to 2.064% uranium oxide.
April 2008: Low-level aerial survey reveals 3X the norm of Uranium/Thorium ratio: early drilling planned this summer.
April 2008: A-Zone’s Uranium/Thorium ratio analysis increases the potential strike length to 5 km.