Refined Energy Corp Advances Dufferin Project with New Permit
Refined Energy Corp. (CSE: RUU | OTC: RRUUF | FRA: CWA0), based in Vancouver, is excited to announce the receipt of a crucial permit for the Dufferin Project from the Saskatchewan Ministry of Environment. As the Company shifts into high gear, attention is focused on three priority target areas in collaboration with Eagle Plains Resources Ltd., as outlined in a previous press release.
Key Geophysical Targets for Exploration
The project centers around three promising geophysical target areas that lie adjacent to the Virgin River shear zone. At the forefront is a prominent target area marked by two distinct conductors. The first conductor is a powerful signal linked to a notable magnetic transition, inferred to extend from the sandstone contact into the underlying basement rocks. The second conductor, though slightly less prominent, also traces from the sandstone into the basement area. These locations have yet to undergo drilling, and they sit beneath a relatively shallow cover of sandstone, less than 200 meters deep. Historically, uranium deposits within the Athabasca basin are located at or below this type of unconformity contact.
Understanding the Dufferin Project
The Dufferin Project is situated within the traditional territory of the Birch Narrows Dene Nation and the Saskatchewan Métis Nation. Refined Energy Corp. and Eagle Plains are committed to engaging with local communities to ensure open communication and address any concerns related to their planned work programs.
Leadership Insights on the Exploration
Mark Fields, CEO of Refined Energy Corp., expressed optimism about initiating the drill program in the renowned Athabasca basin, an area known for high-value uranium mining. He highlighted the project's proximity to NE-SW-trending faults, which typically host valuable uranium mineralization. The goal is to uncover potential high-grade deposits reflective of the area's historic significance.
Strategic Project Acquisition
Refined Energy has an exclusive option to acquire 75% from Eagle Plains, a move previously announced in February. Covering 10,140 hectares, the Dufferin Project consists of the North and West Dufferin properties, situated around 18 kilometers from Cameco's Centennial deposit. Notably, historic drill results from this area revealed an intersection of 8.78% triuranium octoxide over a substantial 33.9 meters.
Expert Review and Compliance
Scientific and technical disclosures tied to this project have been reviewed and validated by C.C. (Chuck) Downie, a qualified geoscientist, ensuring compliance with National Instrument 43-101 standards.
About Refined Energy Corp.
Refined Energy Corp. operates as a junior mining entity that focuses on identifying and developing interests in mineral properties across North America. The Dufferin Project stands as the Company’s flagship venture, with an exploration drill program slated for 2025. Furthermore, Refined holds an option to acquire full ownership of additional uranium properties in Saskatchewan and continues to explore other mineral opportunities across the continent.
Contact Information
For more information about Refined Energy Corp., please reach out via phone at (604) 398-3378 or email Info@refinedenergy.com.
Frequently Asked Questions
What is the Dufferin Project?
The Dufferin Project is a uranium exploration initiative located in the Athabasca Basin, known for its rich uranium deposits.
What recent development has Refined Energy Corp announced?
The Company has received a permit for work on the Dufferin Project, enabling them to proceed with exploration activities.
Who is the CEO of Refined Energy Corp?
Mark Fields serves as the CEO, guiding the Company’s strategic exploration efforts.
What sets the Dufferin Project apart from other sites?
The Dufferin Project is strategically positioned near crucial geological features known to host uranium mineralization, making it a prime target for exploration.
How is Refined Energy Corp engaging with local communities?
The Company is committed to engaging with the Birch Narrows Dene Nation and Saskatchewan Métis Nation to address community concerns regarding their work.
