VANCOUVER — Excitement is building over uranium deposits outside the prolific Athabasca basin. And joint venture partners Kivalliq Energy (TSXV: KIV; US-OTC: KVLQF) and Roughrider Exploration (TSXV: REL) are hoping to add to a growing number of discoveries that are changing the way explorers view the region.
The companies are in the midst of planning a mid-year exploration campaign at the 2,000 km2 Genesis project, which straddles the Wollaston-Mudjatik transition zone and extends 90 km northeast to the Manitoba border.
The Western Wollaston and the Wollaston-Mudjatik transition domains are high strain zones within reworked Archean and Paleoproterozoic rocks of the Hearne subprovince, which hosts most of the basement and unconformity type uranium deposits across the Athabasca basin.
The Wollaston-Mudjatik theory also underpins the exploration efforts of Chuck Fipke’s Northern Uranium (TSXV: UNO; US-OTC: NOURF), which is advancing its nearby Northwest Manitoba project on the flipside of the Saskatchewan-Manitoba border.
Read the complete article at NorthernMiner.com/news/kivalliq-roughrider