Halliday Lake

  • 100% Uravan- acquired from Cameco in February 2011.

  • Located 18km NW of the McArthur River Uranium Mine.

  • Historic geophysical surveys consisting of electro-magnetic (EM), gravity and resistivity surveys.

  • EM surveys identified 15km of conductors over 3 trends

  • Historic drilling consists of five (5) reconnaissance drill holes. The best intersection graded 0.08% and 0.12% U3O8 over 0.1m at the unconformity in EL-10 and EL-12 respectively.

  • Surface geochemical program completed in June 2011, resulting in 307 samples collect from two (2) surface media: B/C horizon soils, and tree-cores

  • Data analysis identified highly-anomalous radiogenic Pb isotopic signatures in clay minerals in B and C horizon soils and tree-cores.

  • The surface radiogenic Pb anomalies (in tree-cores and soils) correlate with each other and are coincident with an east-west trending EM conductive-structural corridor.

  • 5000 meter diamond drilling planned for summer and fall 2012

regional compilation map

local compilation map