ATHABASCA BASIN. URANIUM EXPLORATION.
Athabasca Nuclear Corporation (TSXV: ASC) is a Canadian-based exploration company focused on uranium in the Athabasca Basin, the world’s richest source of high-grade uranium discoveries. We are the largest mineral claim holder in the Patterson Lake South Uranium District and have partnered with multiple companies to deliver a substantial exploration program.
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, where 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 included 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 Project in March 2014 and assay results for this program are pending.read more