ATHABASCA BASIN. URANIUM EXPLORATION.
Athabasca Nuclear Corporation (TSXV: ASC) is a Canadian-based uranium exploration company focused on the Athabasca Basin, the world’s richest source of high-grade uranium. We are the largest mineral claim holder in the Patterson Lake South Uranium District.
The company is well-funded and has an active exploration program underway near the Patterson Lake South (PLS) uranium discovery through the Western Athabasca Syndicate, in which Athabasca Nuclear is the Operator. The current ground-based program is following up results from a 4840 line-kilometer airborne VTEM plus geophysical survey and a 4400 line-kilometer radiometric sensor survey that was conducted in mid-2013. The ground-based program includes scintillometer surveys and systematic collection of the following sample types for immediate and post-program analysis: water radon, soil radon, biogeochemical, lake sediments and rock samples. An inaugural drill campaign of up to 2,000m was commenced at the Preston Lake Project in March 2014 and this drill program is currently ongoing.read more