Saskatchewan - Athabasca Basin

A VTEM airborne EM survey was flown over the property. Inversion of the EM data by Condor Consulting Inc. has revealed a wide zone of conductivity at the unconformity, interpreted to be caused by clay alteration of the type associated with all the major uranium deposits of the Athabasca basin. There is also evidence of three discrete conductors below the unconformity, most likely caused by graphite zones; again, graphite accompanies almost all the Athabasca uranium deposits.