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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Comment by rob926on Apr 25, 2017 11:19am
174 Views
Post# 26162472

RE:Why do this unless they think this....

RE:Why do this unless they think this....The BOR deposit is a multi high-grade deposit with a huge porphyry. From the beginning Reservoir Minerals Always thought there was a chance for more hi grade inthe near vicinity to the discovery. Since they say they are doing electromagnetic surveys from Holes they have drilled I'm guessing and hopinhg that the surveys turned up something very promising from one or more of the L Z holes at the north end of the deposit. If I'm correct the LZ has been getting closer to the service the further north they go. Another reason for not releasing more LZ holes could be they have drilled through some higher grade mineralization closer to the surface. If they do find another high grade deposit I believe depending on size Freeport gets a big share of it. I'm glad they are drilling around the high grade looking for more like Bor. Not that much capital for the game changer it would be to find more high grade especially if it is closer to the surface.
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