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Uranium Projects

Hook Lake

The Hook Lake JV project is owned by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%) with Purepoint being the project operator since 2007. The project consists of nine claims totaling 28,683 hectares and is situated in the southwestern Athabasca Basin only 5 kilometres northeast of Fission Uranium Corp.'s high-grade PLS uranium discovery. The depth to the Athabasca unconformity is very shallow, ranging from zero to 350 metres. Three prospective structural "corridors" have been defined on the property, each corridor being comprised of multiple EM conductors that have been confirmed by drilling to result from graphitic metasediments that intersect the Athabasca unconformity.

Current exploration is targeting the Patterson Lake Corridor that hosts Fission’s Triple R deposit (indicated mineral resource 79,610,000 lbs U3O8 at an average grade of 1.58% U3O8), NexGen Energy’s Arrow Deposit where hole AR-15-62 returned 78.0 metres at 10.00% U3O8 (NexGen press release of January 13, 2016) and the Spitfire Discovery by the Hook Lake JV where HK16-37 returned 9.9% U3O8 over 0.6 metres within 0.69% U3O8 over 9.9 metres.

 

Hook Lake

Location Map of 2016 Spitfire Drill Holes Upper Spitfire - Section C Upper Spitfire - Plan at 235m Depth
Upper and Lower Spitfire - Section B Spitfire South - Section A Spitfire South - Plan at 200m Depth
Spitfire North - Section D Hornet Zone - Section with HK13-06 Patterson Lake Area - Mag Tilt Deriv
Location Map of Patterson Lake Corridor VTEM - Total Mag VTEM - Mag Tilt Derivative
Photo of Mineralization Above Graphitic Shear Photo of Mineralization at Contact of Graphitic Shear Photo of Mineralization Below Graphitic Shear  

Documents

Hook Lake News