Energy News  
Mining Satellite Imagery For Gold

illustration only

Las Vegas - Feb 16, 2004
United Development International has reviewed radar imagery of their recently acquired Cuyuni River Project. Interpretation indicates the presence of a huge paleochannel extending over 16 kilometers and widths of up to 2.5 kilometers which has not been previously mined.

A number of favourable structures for the deposition of gold and diamonds, such as dykes, scour pools and point bars, have been identified within the Cuyuni River Project. At least two dykes with accompanying scour pools were interpreted within the property crosscutting the main axis of the paleochannel.

These structures are consistent with high gold grades, proven to exist in the region. In addition, iron cemented gravel layers were identified. High gold grades are also known to occur in this type of formation especially within this region.

Historically, hundreds of thousands of ounces with a value of tens of millions of dollars have been produced in this region from similar formations.

With the addition of this interpretation our gold and diamond exploration program will consist of geological mapping followed by preliminary Banka drilling in order to properly valuate these formations. Detailed Banka drilling and bulk sampling will follow the preliminary exploration program.

Strict quality control will be implemented for sample collection and transportation. Samples will be remitted to internationally recognized laboratories for fire assay in order to ensure integrity of fire assay results.

Community
Email This Article
Comment On This Article

Related Links
United Development International
SpaceDaily
Search SpaceDaily
Subscribe To SpaceDaily Express
Space Tourism, Space Transport and Space Exploration News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


NASA Refines Design For Crew Exploration Vehicle
Washington DC (SPX) Jan 12, 2006
NASA's Constellation Program is making progress toward selecting a prime contractor to design, develop and build the Crew Exploration Vehicle (CEV), America's first new human spacecraft in 30 years.







  • New Reactor Puts Hydrogen From Renewable Fuels Within Reach
  • New Reactor Puts Hydrogen From Renewable Fuels Within Reach
  • The Highway To Hydrogen Is A Long And Winding Road
  • Seeing How Plants Split Water Could Provide Key To Our Future Energy Needs

  • Yucca Mountain Site Must Make Use Of Geological Safety Net
  • New Jersey Physicist Uncovers New Information About Plutonium
  • Complex Plant Design Goes Virtual To Save Time And Money
  • Volcanic Hazard At Yucca Mountain Greater Than Previously Thought





  • NASA Uses Remotely Piloted Airplane To Monitor Grapes



  • Hewitt Pledges Support For Aerospace Industry
  • National Consortium Picks Aviation Technology Test Site
  • Wright Flyer Takes To The Sky In Las Vegas
  • Aurora Builds Low-speed Wind Tunnel

  • Los Alamos Hopes To Lead New Era Of Nuclear Space Tranportion With Jovian Mission
  • Boeing Selects Leader for Nuclear Space Systems Program
  • Boeing-Led Team to Study Nuclear-Powered Space Systems
  • Boeing To Build Space-borne Power Generator

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement