Mineral Exploration is the official publication of the Association of Mineral Exploration British Columbia.
Issue link: http://digital.canadawide.com/i/264766
Field mapping along the edge of the Western Athabasca Basin. 32 s p r i n g 2 0 1 4 photograph : Athaba sc a nuclear Corp . PLS is a new high-grade uranium discovery just outside the Athabasca Basin. The property consists of 17 mineral claims total- ling 31,039 hectares. Garrett Ainsworth, vice-president of exploration for Alpha Exploration Inc., says Fission bought out Alpha's 50 per cent interest in the PLS property "because shareholders wanted con- solidation of the PLS project before the start of the winter 2014 drill program." Ainsworth says Alpha Exploration's most pro- spective uranium project now is the Middle Lake project, which is located just east of the Cluff Lake Mine. "Our property is 800 metres east of a mineralized zone with a historical non-43-101-compliant resource," Ainsworth says. "We've found at least three high-grade uranium boulder and associated radon anomaly trains with the up-ice head located on our property." Ainsworth says historical and recent data that has been com- piled at Middle Lake "shows an analogous scenario to the PLS project that led to a drill discovery in November 2012." "We're looking for the bedrock source on our property and expect to begin drilling in February 2014," he says. "I believe the Middle Lake project has great potential to add value to the new company." In January 2014, Fission announced it had started a 90-hole winter drill and geophysical program at its PLS property. Drilling will focus on further delineating seven shallow-depth zones and working to eliminate the gaps between the zones. The company says some of the drilling will test high-priority targets identiļ¬ed by geophysics and radon gas surveys. In an announcement, Fission president, COO and chief geolo- gist Ross McElroy said, "The tremendous success of PLS drilling to date has given us . . . a solid understanding of the project's geol- ogy. While growing and connecting the zones is our principal aim, our work with radon and geophysics has given us a number of highly promising targets that we will begin testing." Anglo-Bomarc Mines Ltd. is involved in the Hughes Lake uranium exploration project, a joint venture that includes not only Anglo-Bomarc, but also Cameco Corporation and Areva Resources Canada Inc. Cameco is the project operator. The property is situated in the eastern portion of the Athabasca Basin, approximately 30 kilometres southwest of the McArthur River uranium mine. Athabasca Uranium Inc. has the 29,000-hectare Keefe Lake project on the eastern margin of the Athabasca Basin. The project Robertson Manufacturing.indd 1 13-11-13 1:49 PM p26-35_Saskatchewan.indd 32 14-02-14 3:07 PM