Pegasus Resources Inc V.PEGA

Alternate Symbol(s): SLTFF

Metals & Mining Industrial Metals & Minerals

Pegasus Resources Inc. is a Canada-based diversified junior mineral exploration company with a focus on uranium, gold, and base metal properties in North America. The Company’s projects include Northeast Athabasca, Energy Sands and Golden. The Company holds four uranium properties located immediately northeast of the prolific Athabasca Basin of northern Saskatchewan. Its Northeast Athabasca properties encompass about 60,054 hectares (ha) in 19 mineral claims. The Energy Sands project consists of sandstone-hosted uranium and vanadium mineralization and has 30 unpatented lode claims, totaling over 600 acres. The Energy Sands project is located within the San Rafael Uranium District, and approximately four kilometers from the San Rafael Uranium Project of Western Uranium. The Golden project features three properties along a trend located along the British Columbia - Alberta border. It includes Gold Mountain, Vertebrae Ridge and Punch Bowl properties.

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Pegasus Resources Inc

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Comment by daffidon Feb 20, 2014 2:24pm

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Post# 22231217

RE:RE:RE:RE:RE:HALTED!

And, Pistol Bay further reports that Rio Tinto Canada Uranium Corporation ("RTCUC") continues to drill on the C-5 Uranium property in the Athabasca Basin, Saskatchewan. RTCUC is currently on the fourth hole of a total of approximately 2,500m of diamond drilling proposed for the 2014 C-5 Block winter exploration program with a budget of $1,200,000. The program is designed to test five to six holes within the Corridor A target area as a follow-up to mineralization intersected during the winter 2013 exploration program.

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How a junior advances one of the largest undeveloped diamond projects