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Canadian Uranium Properties

ABOUT THE ATHABASCA BASIN

SASKATCHEWAN, CANADA

The Athabasca Basin is a region in the Canadian Shield of Northern Saskatchewan and Alberta, Canada. It is known as one of the world's leading source of high-grade uranium.

The basin is located just to the south of Lake Athabasca, west of Wollaston Lake, and encloses almost all of Cree Lake. It covers about 100,000 square kilometres (39,000 sq mi) in Saskatchewan and a small portion of Alberta. The surface of the basin consists of main sandstone sediment varying from 100 to 1,000 metres (330 to 3,280 ft) in depth. The uranium ore is mostly found at the base of this sandstone, at the point where it meets the basement.

THE PROPERTIES

Ford Lake

The Ford Lake project consists of three claims covering an area of 7,431 hectares in the prolific Eastern Athabasca Basin near the margin of the Mudjuik and Wollaston Domains. Ford Lake is prospectively highlighted by the recent CanAlaska Uranium Ltd. high-grade discovery hole at Moon Lake only 10km to the northeast. The uranium endowment of the area is proven by the significant deposits of the Key Lake Mine only 15km to the southeast and less than 20km from Cameco Corp.’s Millennium deposit, and less than 20km from Denison Mines Corp.’s Gryphon and Phoenix deposits with uranium mineral reserves of 106.4 Mlbs (Million Pounds) U3O8.12

PROJECT HIGHLIGHTS

Ideally Situated for Discovery:

  • Situated 12 km from the Key Lake Mine and 15 km southwest of the Millennium Deposit

  • Hosts complex geological features interpreted in magnetics data

 

Infrastructure:

  • Close proximity to all-season roads.

  • Proximal to electrical transmission lines

  • Nearby Key Lake Mill

THE PROPERTIES

Cigar Lake East & Roughrider South

Each of the Cigar Lake East and Roughrider South projects are located in the Eastern Athabasca Basin in northwest Saskatchewan. The Cigar Lake East and Roughrider South projects consists of four claims covering a total area of 3,443 hectares in the Wollaston Domain in the Eastern Athabasca Basin.

PROJECT HIGHLIGHTS

Location:

  • Ideally situated in the heart of the Eastern Athabasca Basin

  • Proximal to the world class Cigar Lake Deposit (Annual Production 18 million lbs U3O8)

 

Infrastructure:

  • Close proximity to all-season roads

  • Proximal to electrical transmission lines

  • Nearby state-of-the-art McClean Lake Mil

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