northern saskatchewan mineral exploration highlights 2018.pdf · mapping and sampling. canyon...
TRANSCRIPT
Northern Saskatchewan is a dynamic region with great potential for mineral
exploration. The province is consistently ranked as a top region in the world for mineral in-
vestment from the Fraser Institute annual survey of mining
companies. Our uranium deposits have long been known as among the richest in the world,
and new discoveries are being made in gold, base metals, and other commodities. The re-
port includes information on many of these
exploration projects.
In this publication we feature public information gleaned from company web sites and news
releases into one convenient package. Our eye on the industry is Gary Dunn, long known in
the Northern Saskatchewan exploration and mining industry.
Northern Saskatchewan Mineral Exploration
Highlights August 2018
NEWS UPDATE
Cameco Corporation has extended ther suspension of production at McArthur River and Key
Lake for an indeterminate duration. This action ill result in the permanent layoff of 550 site
employees. The workforce Cameco’s corporate office will be reduced by approximately 150
positions.
(LAF) La Ronge, Flin Flon
Alligator Resources Ltd
Recently completed a drilling program on their claims. Actively seeking a partner for further work.
Eagle Plains Resources Corp
Crews mobilized to carry out two separate exploration programs on Brownell Lake ( VMS and polymetallic ) and Olson ( gold ) exploration properties optioned to Roughrider Exploration by Eagle Plains Resources.
Work will include re-logging and sampling core, VLF-EM, soil geochemistry, prospecting as well as geological mapping and sampling.
Canyon Copper Corp
Canyon Copper has submitted a proposed name change to the TSX. The new name will be Searchlight Resources Inc. Canyon Copper has entered into a consulting agreement with High Grade Mining Consulting Ltd who will provide consulting services to evaluate the conditions and costs to re-open the underground workings at the past-producing Rio Gold Mine near Creighton. This would provide Canyon Copper with a wealth of information as well as access to conduct detailed mapping and sampling and underground diamond drilling in order to gain an understanding of the orebody.
Murchison Minerals Ltd
Intercepts 12.30% Zn, 0.70% Cu, 0.18% Pb and 42.03 g/t Ag ( 14.97% Zn Equivalent ) over 6.37m and extends the
Brabant McKenzie VMS Deposit.
Roughrider Exploration Ltd
Crews mobilized to carry out two separate exploration programs on Brownell Lake ( VMS and polymetallic ) and Olson ( gold ) exploration properties optioned to Roughrider Exploration by Eagle Plains Resources.
Work will include re-logging and sampling core, VLF-EM, soil geochemistry, prospecting as well as geological mapping and sampling.
(O) Other
Appia Energy Ltd
Summer program at Alces Lake rare earth property underway. Excavator, high pressure pump and drill on-site. Out-crop exposed on Charles zone. Geological mapping, channel sampling, photography and detailed radiometric survey conducted with 223 channel samples submitted to SRC laboratory in Saskatoon.
Ongoing work being conducted on Bell, Wilson and Ivan Zones.
Fission Uranium Corp
$6.4 million summer program comprising 14 holes ( 3425m ) to advance Triple R Deposit to pre-feasibility level, and to upgrade resource from inferred to indicated.
In addition phase 2 metallurgical work, environmental studies, geotechnical work and continued engagement with First Nation communities and government will be performed.
NexGen Energy Corp
Positive results from pre-feasibility stage technical studies comprising metallurgical, geotechnical and hydro-geological assessments. Study continues in advance of updated mineral resource estimate and Maiden pre-feasibility study scheduled for completion early in 4th quarter 2018.
Commenced summer drill program at Arrow comprising 20,400 m using 4 drills at a cost of $8.3 million, with objectives of testing 160m NW of the A0 shear, testing the Arrow Deposit, determine potential shaft locations in the FW and pre-feasibility study.
(SWA) Southwestern Athabasca
Fission 3.0
To conduct a summer drill program on the PLN property adjacent to Fission’s PLS property. Fission 3.0 holds 36,537 ha in 37 claims including 10 claims ( Fission 3.0 = 90% and Azincourt Energy = 10% ) and 27 mineral claims ( Fission 3.0 = 100%.)
Purepoint Uranium Corp Inc
Spitfire discovery 53.3% U3O8 over 1.3m within 10m of 10.3% U3O8 at Hook Lake JV.
Standard Uranium Corp
Standard Uranium Ltd and Vela Minerals Ltd announced results of the winter VTEM airborne survey conducted over the Davidson River Project which confirmed conductors within the exploration corridor as conceptualized by the geological team.
(EA) Eastern Athabasca
ALX Uranium Corp
ALX announced vesting of 40% interest in the Black Lake Project from UEX Corporation.
Cobalt Power Group
Acquired 9 claims in Eastern Athabasca totalling 8,146 ha which are contiguous to UEX’s West Bear Cobalt Nickel Property. These claims were acquired from Western Cobalt Corp. Fully funded for a 2018 summer exploration program.
Denison Mines Corp
Assays from winter drilling on 63.3% owned Wheeler River Project include 1.4% U3O8 over 5.5m including 7.2% over 1.0m 600 m to NE of Gryphon in sub-Athabasca unconformity. Overall chemical assay results for grade/thickness were 26% higher than previously reported results.
A summer program comprising 20,500m in 28 ddh’s commencing.
Iso Energy Ltd
Commenced a 2800m drill program in 8 ddh’s on Geiger Property. One ddh will be completed on the Larocque East Property.
UEX Corporation
Received Maiden Mineral Resources Estimate for West Bear Co-Ni Deposit. Using a cut-off grade of 0.023% Co equivalent and only utilizing mineralization within a conceptual open pit the inferred mineral resource is 390,000 tonnes @ 0.37% Co and 0.22 % Ni which equates to 3,172,000 lbs of Co and 1,928,000 lbs of Ni.
Skyharbour Resources Ltd
Results from winter/spring drilling on the Maverick Zone on the Moore Lake Project 15km east of Denison Mines Wheeler River Project include 2.07% U3O8 over 3.5m including 5.39 % U3O8 over 1.0m.
Fission Uranium Corp
700 - 1620 Dickson Ave
Kelowna, BC V1Y 9Y2
1-877-868-8140
fissionuranium.com
Ironside Resources
700-1620 Dickson Ave
Kelowna, BC V1Y 9Y2
1-866-979-7022
Ironsideresources.com
Eagle Plains Resources Ltd.
Suite 200, 44 - 12th Ave S
Cranbrook, BC V1C 2R7
1-866-486-8673
eagleplains.com
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Company Directory
Denison Mines
230 - 22nd St E
Saskatoon, SK S7K 0E9
(306) 652-8200
denisonmines.com
Little Rock Enterprises Inc.
1220 Poirier St.
La Ronge, SK S0J 1L0
(306) 425-3715
M.A.R.S.H. Expediting
1220 Poirier St.
La Ronge, SK S0J 1L0
(306) 425-3715
AJG Exploration Ltd.
Street Address
La Ronge, SK S0J 1L0
(306) 425-2217
ajgexploration.com
Northern Resource Trucking
1112 Finlayson St.
La Ronge, SK S0J 1L0
(306) 425-2148
nrtlp.com
Exploration Service Directory
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