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Location
The 13,590-acre Aladdin project is located in Crook County of northeast Wyoming, near the Wyoming/South Dakota border. The claims lie on the northern flank of the Black Hills Uplift in an area where a number of surface uranium occurrences were mined during the 1950's. The historical Edgemont, South Dakota uranium district is located on the southern flank of the Black Hills Uplift, approximately 100 miles to the south. Next: Drilling and Evaluation for NI 43-101 Report Powertech began a 60-hole drill program in August 2007. The objective of this program is two-fold. One portion of the program will be directed toward wide-spaced, stratigraphic drilling within the 25-square mile project area to assess the distribution of host sands and the geochemistry of these units. This information will be used to evaluate the potential of the overall project area and assist, if necessary, in the consolidation of total land holdings. The other part of this drill program will be completed within historic uranium resource areas identified by Teton Exploration. This drilling will be used to confirm and expand these mineralized areas and provide the basis for the preparation of a National Instrument ("NI") 43- 101 compliant report on uranium resources within the Aladdin Project. History Past exploration activities in the Aladdin project area during the 1970's and 1980's, encountered uranium mineralization associated with oxidation/reduction boundaries within sandstones of the Lakota Formation. This formation forms the basal portion of the Inyan Kara Group of Lower Cretaceous age and is a host for uranium ore mined in the Edgemont District. Historic exploratory drilling by Teton Exploration Corp. and Kerr McGee Nuclear Fuels indicated that mineralized trends were developed along the oxidation/reduction interfaces where "roll-front" uranium was deposited. Portions of the area were extensively drilled and Powertech has reports indicating that "ore-grade" uranium mineralization was encountered at depths of approximately 500 feet below ground surface. Photo Gallery
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