CSE : GXP | FRA : HW3 | OTC : GXPLF

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News Alerts

CSE : GXP | FRA : HW3 | OTC : GXPLF

CSE : GXP | FRA : HW3 | OTC : GXPLF

CSE : GXP | FRA : HW3 | OTC : GXPLF

Uranium

hook-carter

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INTRODUCTION

Hook-Carter uranium

Hook-Carter Claim Map

Regional Significance

  • ~13 km northeast of NexGen’s Arrow deposit.
  • ~20 km northeast of Paladin’s Triple R uranium deposit.
  • ~8 km northeast of Cameco/Orano/Purepoint’s Spitfire, Hornet and Dragon discoveries.

Outlook and Planned Exploration

  • Denison carried out a TDEM ground geophysical survey in the summer/fall of 2025 and follow-up diamond drilling in the winter of 2026, with results pending.
  • Highly prospective for continued exploration, which to date suggests the presence of a large mineralized system on the property.

Exploration Summary 2017-2019

  • 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.

Hook-Carter Claim Map

Hook-Carter uranium

OVERVIEW

Ownership

Greenridge 25% – Denison Mines 75%. Greenridge earned an additional 5% interest by spending C$3.0M before November 2026. Denison has spent ~C$7.05M to date, which includes 11,757 m in diamond drilling from 2018 to 2019. The property is subject to certain royalties held by underlying vendors.

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.

Hook-Carter Geology Map
Hook-Carter Geology Map

Hook-Carter uranium

PREVIOUS WORK

Hook-Carter Previous Work

Denison’s 2023 airborne ZTEM survey confirmed the presence of multiple NE-SW trending conductors trending through Hook-Carter and connecting to the EM conductors identified on Cameco Corporation’s William River property to the north.

  • Denison has drilled only 15 exploratory drillholes during 2018-2019 in a small section of the property – the hallmarks of a prospective setting for uranium mineralization such as graphitic horizons and alteration minerals were intersected in that drilling.
  • Strong hydrothermal alteration in sandstone and basement lithologies associated with graphitic basement structures were encountered, in addition to significant concentrations of uranium pathfinder elements.
  • Highly prospective for continued exploration, which to date suggests the potential presence of a mineralized system on the property. Denison carried out a TDEM ground geophysical survey in the summer/fall of 2025 and follow-up diamond drilling in the winter of 2026, with results pending.
Hook-Carter Previous Work

Hook-Carter uranium

PREVIOUS WORK

Located in the SW margin of the Athabasca Basin within the Patterson Lake Corridor, located ~27km east of Provincial Highway 955.

  • The Patterson Lake Corridor (PLC), an interpreted geological feature which hosts the Triple R (Paladin Energy Limited) and Arrow (NexGen Energy Ltd.) uranium deposits, and trends northward onto Hook-Carter. A joint venture of Purepoint Uranium Group Ltd. (21%)-Cameco Corporation (39.5%)-Orano Canada (39.5%) adjoins Hook-Carter where the Spitfire, Dragon and Lightning uranium occurrences have been discovered by drilling.
  • New uranium discoveries along the PLC include NexGen’s “Patterson Corridor East” located 3.5km due east of Arrow, and Paladin’s “Atlas” located 3.0km south of Triple R, which suggest that the PLC may be wider than was originally thought.
  • Parallel to and east of the PLC, the Derkson Corridor (“DC”) also trends onto Hook-Carter. The DC was found to be uranium-mineralized from historical drilling to the south of Hook-Carter – one hole was drilled by Denison on the DC in 2026, with results pending.
Hook-Carter Previous Drilling
Hook-Carter Previous Drilling

Hook-Carter uranium

2026 Program

Click to expand images

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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