In 2019, six drill holes totaling 4,797m, identified favourable structure and alteration in the most drill holes, in addition to significant concentrations of uranium pathfinder elements.
In 2018, two drill programs totalling 6,960m in nine drill holes were completed. Strong hydrothermal alteration in sandstone and basement lithologies associated with graphitic basement structures encountered.
Ground resistivity and electromagnetic surveys identified the 2018-19 drill program targets.
Greenridge 20% – Denison Mines 80% after sale to Denison in 2016 for 7.5 million common shares of Denison and a minimum spend requirement of $3 MM in exploration. Denison has funded $7.05 million in exploration to date. The property is subject to certain royalties held by underlying vendors.
Greenridge can earn an additional 5.0% funding $3.0 million of exploration at Hook-Carter within a 30-month period from May 21, 2024, which would change the joint venture participating interests to Greenridge 25% – Denison 75%.
SIZE : 11 claims covering 25,115 ha.
LOCATION: SW margin of the Athabasca Basin within the Patterson Lake corridor; ~27km east of provincial highway 955.
National Instrument 43-101 Disclosure
The technical information on this web page has been reviewed and approved by Sierd Eriks, P.Geo. (Retired), who is a Qualified Persons in accordance with the Canadian regulatory requirements set out in NI 43-101. Readers are cautioned that some of the technical information described on this web page is historical in nature; however, the historical information is deemed credible and was produced by professional geologists/geoscientists in the years discussed.
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