| | Overview
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| Location: |
5 kilometers NW of Elliot Lake, Ontario. |
| Size: |
768 ha (48 units) |
| Target Minerals: |
Uranium |
- Attractive location, close to a past uranium producing camp
- Magnetic signatures from ground surveys could be indicative of potential pyritic conglomerates
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| | Regional Exploration and Production:
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| | 12 past producing uranium mines in the immediate area including the Quirke, Panel, Spanish American, Nordic, Lacnor, Milliken, Buckles, Stanleigh, Pronto, Denison, Stanrock and Can-Met. The Elliot Lake Mining camp commenced operations in the 1950's with the discovery of uranium by Denison Mines in exploration drilling. Two major companies, Denison Mines Ltd. and Rio Algom Ltd. operated 12 mines that collectively produced 550,000 tonnes at a grade of 0.1 to 0.2% U3O8. |
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| | Other Local Exploration:
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| | First Canadian Uranium, a subsidiary of Pele Mountain Resources and Canada Enerco Corp. active to the southeast. |
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| | Property Geology:
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| | Uranium mineralization occurs in beds of pyritic conglomerate and coarse grained arkosic quartzites. Most of the deposits occur within the Matinenda formation close to the underlying Archean basement or underlying Huronian volcanic rocks. The highest uranium values are found in the pyritic quartz pebble conglomerate beds which occur on the property |
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| | Work Completed to Date:
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| | Magnetometer and VLF surveys completed over the area in December of 2008. Five potential magnetic domains identified with contacts striking west-northwest. Responses may be indicative of pyritic conglomerates. |
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