Key Points of Interest
- Includes ground along the prospective Black Lake Shear Zone and associated electromagnetic conductive horizons.
- 15 km southwest of the past-producing Nisto Uranium Mine.
- The newest claims overlie the Black Lake Fault, which marks the boundary between rocks of the Mudjatik domain and the Western Craton. The Black Lake structure can be traced for at least 200km across the entire Athabasca Basin and is associated with Cameco's Centennial deposit (up to 33.9m averaging 8.78% U3O8 as reported on the Formation Metals website).
- The unconformity between the archean rocks of the Hearne Province and the overlying Wolverine Point sediments averages 200m depth from surface.
2015 drilling by Forum Uranium 14 km northeast of the property revealed dravite and sudoite clay alteration, quartz dissolution and remobilization, and sulphides deposited well up into the sandstone column overlying a major structural lineament (known as the East Channel). This lineament exhibits a 50m down-drop of the sandstones, and is interpreted to strike southwest onto the Cree Bay property.