Canadian Mining Journal

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URANIUM EXPLORATION – Yukon, NWT & Nunavut

YUKON TERRITORY


YUKON TERRITORY

FJORDLAND EXPLORATION is interested in the Olympic-Rob IOCG-uranium project in the Werecke region. A 2-km-diameter copper anomaly has been identified on the Olympic property, but the claims have not been systematically tested for uranium. The adjacent Rob anomaly returned 0.01% to 1.57% U3O8 (and 0.3 to 1.8% Cu). Drilling is planned for this summer, and Fjordland can earn up to an 80% interest from COMMANDER RESOURCES.

NORTHWEST TERRITORIES

ALBERTA STAR has taken grab samples from its Mag Hill property near Contact Lake and reports grades of 0.69%, 0.38% and 0.31% U3O8. The property is 15 km from the former Eldorado mine that produced 15.0 million lb of U3O8 between 1963 and 1990.

BAYSWATER URANIUM has outlined a $20-million exploration program for its properties in three promising areas. At the South Thelon Basin project $8.1 million will be spent on geophysical surveys, prospecting and drilling; the North Thelon Basin project will get $1.3 million worth of ground geophysical surveys and prospecting.

NUNAVUT

WESTERN URANIUM says the recent geophysical survey flown over its properties in the Thelon Basin highlighted a number of targets for ground geophysics and drilling. A 2,000-m drill hole is planned for one of them.


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