Both the Phoenix and Gryphon deposits are classified as Athabasca Basin unconformity-associated uranium deposits. Phoenix straddles the unconformity contact between the Athabasca Sandstone and underlying basement, while Gryphon is entirely hosted in the basement rocks.
Uranium mineralization at the Phoenix deposit occurs at the unconformity between Athabasca sandstones and basement rocks, with the most intense mineralization adjacent to the WS fault. A minor amount is basement fracture hosted mineralization extending below the north part of Zone A.
Mineralization and alteration have been traced over a strike length of approximately one kilometre. Since discovery hole WR-249 was drilled in 2008, 253 drill holes have reached the target depth, delineating two distinct zones (A and B) of high-grade uranium mineralization.
Mineralization is in the form of the oxide uraninite/pitchblende (UO2).
Average trace metal concentrations for Phoenix assay samples greater than 0.2% U3O8 are as follows: 576 ppm Ni, 194 ppm Co, 319 ppm As, 2,092 ppm Zn, 18 ppm Ag, 7,176 ppm Cu, and 9,143 ppm Pb. Average concentrations of Ni, Co and As are at the low end of the range found in other uranium deposits in the Athabasca basin.
Mineralization at Gryphon occurs 720 m below surface and is centred approximately 220 m below the sub-Athabasca unconformity. It is within 80 m of the unconformity at its highest point and 370 m below the unconformity a ........
