Located near the eastern margin of the Athabasca Basin about 65 kilometres southeast of Cameco Coporation’s McArthur River Uranium Mine. Raven is located outside of the eastern margin of the Athabasca Basin within the central parts of the Wollaston Domain basement rocks, which host prolific uranium mines such as Key Lake, McArthur River, Cigar Lake, and Rabbit Lake, amongst others.

Basement-hosted uranium deposits are actively explored for outside the current Athabasca Basin margin, with multiple recent major discoveries such as the Triple R deposit (“Triple R”) found in 2012 in the southwestern Athabasca Basin at Patterson Lake.

In the past three years, discoveries of high-grade uranium mineralization have been reported in the southeastern region outside the Athabasca Basin margin by exploration companies such as Atha Energy Corp. and Baseload Energy Corp.