- 100% working interest in 35,061 hectares (86,638 acres);
- Extensive historical exploration in the 1970’s and 1990’s included airborne geophysics (magnetic, EM and radiometric surveys), ground geophysics, soil sampling and diamond drilling (one hole intersected 0.25% U3O8 over 2.5 metres on adjacent Cameco Corp. property); and
- Several conductive trends identified by airborne EM/magnetic surveys in 2005, 2006 and 2008. Ground geophysics confirmed an EM anomaly along a mineralized trend (drill hole DER-04 of Cameco Corp. intersected 0.24% U3O8 over 2.5 metres) located to north.
|
