RINIHUE

Rinihue is the third-largest of U3O8 Energy’s claims in Chile, covering a total land mass of 24 square kilometres. The property is the most southern of U3O8’s batch of claims, located in Region X of Chile.

Rinihue comprises eight concessions totalling 2,400 hectares, covering an area that is rimmed by anomalous stream sediment samples (geochemistry and radiometrics) that drain a discrete topographic high.

Location and Accessibility

The Rinihue pedimentos are located 75 kilometres due east of Valdivia in the foothills of the southern Cordillera. Access to the area is from the towns of Los Lagos and Panguipulli, which are located around 20 kilometres to the west and north-east respectively. Within the area, the hill is skirted by roads along its northern and southern flanks.

Topography, Vegetation and Climate

The concessions overlie a discrete hill ranging from 250 to 1000 metres in elevation, located at the western end of Lake Rinihue. The region has a mixed hard wood cover, which in the past has given rise to a local logging industry. On the northern side of the Rinihue concessions the San Pedro Hydroelectric Project is being developed along its drainage. The climate is generally moderate due to the effect of the ocean and lakes. It rains all year, but is particularly heavy in winter.

District Geology

The area is underlain by continental rocks of the Triassic Tralcan Formation, which unconformably overly the basement sandstones, slates and conglomerates of the Permo-Carboniferous Panguipulli Formation. These rocks are intruded to the east by granitoids of the Jurassic Panguipulli batholith.