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Message: Re: Halfway there: Drilling is now past 460M

Quartz pebble conglomerate hosted uranium deposits are of historical significance as the major source of primary production for several decades after World War 2. This type of deposit has been identified in eight localities around the world, however the most significant deposits are in the Huronian Supergroup in Ontario, Canada and in the Witwatersrand Supergroup of South Africa. These deposits make up approximately 13% of the world's uranium resources.[11]

Two main sub-types have been identified:

Quartz pebble conglomerate hosted uranium deposits formed from the transport and deposition of uraninite in a fluvial sedimentary environment[9] and are defined as stratiform and stratabound paleoplacer deposits. Host rocks are typically submature to supermature, polymictic conglomerates and sandstones deposited in alluvial fan and braided stream environments. The host conglomerates of the Huronian deposits in Canada are situated at the base of the sequence, whereas the mineralized horizons in the Witwatersand are arguably along tectonized intraformational unconformities.

Uranium minerals were derived from uraniferous pegmatites in the sediment source areas. These deposits are restricted to the Archean and early Paleoproterozoic and do not occur in sediments younger than about 2200 million years when oxygen levels in the atmosphere reached a critical level, making simple uranium oxides no longer stable in near-surface environments.[17]

Quartz pebble conglomerate uranium deposits are typically low grade but characterized by high tonnages. The Huronian deposits in Canada generally contain higher grades (0.15% U3O8)[9] and greater resources (as shown by the Denison and Quirke mines), however some of the South African gold deposits also contain sizeable low grade (0.01% U3O8)[9] uranium resources.

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