Aldrin Resource Corp. (TSX: V.ALN, Stock Forum) said Wednesday it is continuing with preliminary exploration at its Triple M uranium property in northern Saskatchewan.
Triple M is adjacent to a high grade uranium find reported by Fission Uranium Corp. (TSX: V.FCU, Stock Forum), and Alpha Minerals Inc. (TSX: V.AMW, Stock Forum), in the Patterson Lake area.
The property covers 12,000 hectares and is located 9 kilometres southwest of the Patterson Lake discovery.
Aldrin said in a press release it has added infill lines to ongoing airborne geophysical surveys that are currently being flown over Triple M in a bid to establish drill targets.
Aldrin shares were unchanged Wednesday at 11 cents, leaving the company with a market cap of $4.5 million, based on 40.6 million shares outstanding. The 52-week range is 18 cents and 3 cents.