CSE : GXP | FRA : HW3 | OTC : GXPLF
CSE : GXP
FRA : HW3
Menu
CSE : GXP | FRA : HW3 | OTC : GXPLF
Menu
CSE : GXP | FRA : HW3 | OTC : GXPLF
CSE : GXP
FRA : HW3
CSE : GXP | FRA : HW3 | OTC : GXPLF
▪The Ranger Lake Uranium project consists of 943 mineral claims covering 20,782 hectares of Uranium prospective ground that occurs near historical Uranium mining district in the Elliot Lake region, in tier one jurisdiction of Ontario.
▪The Snook Lake Uranium project consists of 237 mineral claims covering 4,899 hectares and is approximately 75 km north of Kenora in Northwestern Ontario, a region that has attracted early-stage Uranium exploration in the past.
In January 2023 the Canadian Nuclear Safety Commission (CNSC) authorized a 20-year renewal of Cameco Fuel Manufacturing’s operating licence for its facility at Port Hope in Ontario.
The Elliot Lake area of Ontario, which was the centre of Canada’s early uranium mining, is again attracting exploration. Eco Ridge contains indicated resources of 10,250 tonnes U3O8and inferred resources of 17,100 tonnes U3O8 along with significant REO resources.
The Snook Lake project is at the boundary of the Winnipeg River and English River Subprovinces which is marked by the Separation Lake Greenstone Belt.23 The Greenstone Belt is typically a thin remnant or septum that is less than 2.00 m thick. In the Separation Rapids area, the volcano-sedimentary belt achieves a thickness of several kilometers. The Snook Lake property is located near this trend and is underlain by remnant amphibolitized supracrustal rocks and granitoids of the English River Subprovince.
Host rocks for uranium mineralization consist of massive pink to red biotite-bearing coarse grained to pegmatitic granite, quartz monzonite and granodiorite. The intrusive rocks contain appreciable biotite and horneblende
Anomalous uranium mineralization at Snook Lake occurs in an east-northeast to west-southwest trending corridor over a width of approximately 300 meters and along a strike length of one (1) kilometer.
Uranium exploration in the area followed cycles in the industry, the mid 1950s and the early 1970s were the most active. The area was mostly overlooked in the early 1980s when uranium exploration focused on high grade unconformity-type targets. Up until the 1970’s, access was via float plane. In 2007 a prospecting and sampling program was completed; 64 samples collected returning between 497 to 2006 ppm U3O8. Confirmed the presence of of zones on Uranium mineralizartion and several locales and outlines an east west corridor of anomalous uranium over 1km strike length. In 2008 an Airborne Magnetic and Radiometric Survey was completed.
Uranium exploration in the area followed cycles in the industry, the mid 1950s and the early 1970s were the most active. The area was mostly overlooked in the early 1980s when uranium exploration focused on high grade unconformity-type targets. Up until the 1970’s, access was via float plane. In 2007 a prospecting and sampling program was completed; 64 samples collected returning between 497 to 2006 ppm U3O8. Confirmed the presence of of zones on Uranium mineralizartion and several locales and outlines an east west corridor of anomalous uranium over 1km strike length. In 2008 an Airborne Magnetic and Radiometric Survey was completed.
The Ranger Lake Project lies within the Abitibi Subprovince of the Superior Province of the Canadian Shield. The oldest rocks on the property consist of granitic rocks and diabase dykes. These rocks were later intruded by the Seabrook Lake Carbonatite Complex with is to the north of the project area on Seabrook Lake.
The Ranger Lake Uranium Mining Company conducted an extensive work Program from 1953-1954 which included trenching, aeroradiometric surveys and 6 diamond drill holes which total 2,240 ft. The showing is in a diabase dike about 60 feet wide where an aplite dike 8 inches wide extends diagonally across it for a length of 30 feet. The central part of the aplite dike has a 2 to 3 inch wide radioactive zone of carbonate and quartz which has given anomalies up to 5 times background. A selected sample from the most radioactive part of the dike showed 0.30 % U3O8 (radiometric equivalent) (OGS 1983 MDC 25 P 41-42). Parts of the Project had an airborne magnetic XDS VLF-EM and gamma ray spectrometer survey over parts of the property totaling 919.8 l-km, which was followed up by another airborne magnetic gradiometer and gamma-ray spectrometric survey in 2019. 2
DEVELOPING A CLEAN ENERGY FUTURE
CSE : GXP | FRA : HW3 | OTC : GXPLF
DEVELOPING A CLEAN ENERGY FUTURE
CSE : GXP
FRA : HW3
OTC : GXPLF