Home to the world’s largest and highest-grade uranium mines including Cameco’s McArthur River and Cigar Lake uranium mines which contain total mineral reserves of 165.6mlbs @ 15.9% U3O8 and 391.9mlbs @ 6.9% U3O8 respectively.
Over the last 65 years, there have been 39 deposits discovered in the Basin containing a total of well over 2 billion lbs. of U3O8
The Athabasca Basin hosts the world’s largest high-grade deposits, with grades that are 10 to 100 times greater than the average deposits mined elsewhere in the world.
Canada is the second largest producer of uranium in the world, accounting for 22% of the total output.
Home to the world’s largest and highest-grade uranium mines including Cameco’s McArthur River and Cigar Lake uranium mines which contain total mineral reserves of 165.6mlbs @ 15.9% U3O8 and 391.9mlbs @ 6.9% U3O8 respectively.
Over the last 65 years, there have been 39 deposits discovered in the Basin containing a total of well over 2 billion lbs. of U3O8
The Athabasca Basin hosts the world’s largest high-grade deposits, with grades that are 10 to 100 times greater than the average deposits mined elsewhere in the world.
Canada is the second largest producer of uranium in the world, accounting for 22% of the total output.
– 95 km west of the past-producing Key Lake uranium mine.
– 70 km west of the active Key Lake Mill which is serviced by HWY 914.
– 45 km southeast of the Centennial deposit on the Virgin River shear zone
The Project is situated on basement-type unconformity related uranium deposits, where this type of basement hosted deposits are found within the to a depth of over 300 meters.
The Millennium deposit, the Eagle Point deposit and the P-Patch deposit are examples of this type of unconformity related deposits.
The Carpenter Lake Project exhibits strong radiometrics and base metal geochemistry that has never been followed up. The area remains underexplored yet hosts multiple strong coincident indicators.
Northern Saskatchewan is underlain by polydeformed metamorphic basement rocks of Archean and Proterozoic age, which are overlain by flat-lying to shallow-dipping, post-metamorphic quartz sandstone of the late Proterozoic Athabasca Group, and Phanerozoic sedimentary rocks of the Mannville Group.
Granite gneiss and granite pegmatite are the dominant lithologies at Carpenter Lake, with lesser mafic gneiss, pelitic schist and scattered mafic dykes. The Cable Bay Shear zone is delineated on the property by three parallel electromagnetic conductor axes, suggesting the hanging wall, footwall and middle of a conductive panel of graphitic or sulphide-rich rocks.
The Project is situated on basement-type unconformity related uranium deposits, where this type of basement hosted deposits are found within the to a depth of over 300 meters.
The Millennium deposit, the Eagle Point deposit and the P-Patch deposit are examples of this type of unconformity related deposits.
The Carpenter Lake Project exhibits strong radiometrics and base metal geochemistry that has never been followed up. The area remains underexplored yet hosts multiple strong coincident indicators.
Northern Saskatchewan is underlain by polydeformed metamorphic basement rocks of Archean and Proterozoic age, which are overlain by flat-lying to shallow-dipping, post-metamorphic quartz sandstone of the late Proterozoic Athabasca Group, and Phanerozoic sedimentary rocks of the Mannville Group.
Granite gneiss and granite pegmatite are the dominant lithologies at Carpenter Lake, with lesser mafic gneiss, pelitic schist and scattered mafic dykes. The Cable Bay Shear zone is delineated on the property by three parallel electromagnetic conductor axes, suggesting the hanging wall, footwall and middle of a conductive panel of graphitic or sulphide-rich rocks.
2014
2015
Historical Exploration
2014
2015
Historical Exploration
DEVELOPING A CLEAN ENERGY FUTURE