Mineral Exploration is the official publication of the Association of Mineral Exploration British Columbia.
Issue link: http://digital.canadawide.com/i/264766
34 s p r i n g 2 0 1 4 photograph : Fission Uranium Corp . property is 100-per-cent-owned by Long Harbour. It lies adjacent to Rio Tinto's (formerly Hathor) Milliken Creek prop- erty and borders the Denison and UEX properties. The company says the N70E trending conductor located on the prop- erty suggests good potential for ura- nium mineralization, because the trend hosts several uranium deposits in the Athabasca Basin. The Madison property is located five kilometres northeast of 2Z. Madison is 100-per-cent-owned by Long Harbour and is located within a northeast trending belt that hosts major uranium deposits, including the latest discoveries of Roughrider, Millennium and Wheeler River. U EX Cor porat ion is act ively involved in 16 uranium projects in the Athabasca Basin totalling 264,363 hect- ares that are either 100 per cent owned or joint ventured. In late November 2013, UEX announced the final drilling results of its 2013 exploration program at the Shea Creek project. Shea Creek hosts the Kianna, Anne, Colette and 58B deposits, and is one of eight 49-per-cent-owned Western Athabasca projects that have been joint ventured with Areva Resources Canada Inc., the project operator. Two concurrent drilling programs were con- ducted during 2013. Newly reported drilling results for Shea Creek include indicated mineral resources of 2,067,900 tonnes grading 1.484 per cent U 3 O 8 and containing 67,663,000 pounds U 3 O 8 ; and inferred mineral resources of 1,272,200 tonnes grading 1.005 per cent U 3 O 8 and containing 28,192,000 pounds U 3 O 8 . In July 2013, the members of the Western Athabasca Syndicate entered into a formal agreement to carry out ura- nium exploration in the Athabasca Basin. Under the terms of the agreement, the members of the syndicate – Athabasca Nuclear, Skyharbour Resources, Noka Resources and Lucky Strike Resources – will explore and develop a 287,130-hect- are uranium project base that, they say, will become the largest mineral claim position along the margin of the Western Athabasca Basin that is controlled by a single group. The Western Athabasca Syndicate project is located in all directions near Alpha Minerals Inc. and Fission Uranium Corporation's Patterson Lake South ( PLS) uranium discovery, and is close to other uranium projects that are being advanced by several other regional exploration companies. Fission Uranium Corp.'s diamond drilling program at the Patterson Lake South project. p26-35_Saskatchewan.indd 34 14-02-14 3:07 PM