DISCOVERY-FOCUSED. DISTRICT-SCALE TENURE.
Athabasca Nuclear Corporation (TSXV: ASC) is a Calgary-based exploration company focused on high-impact discovery regions experiencing active exploration by leading geologists and exploration companies in Canada.
We are one of the largest mineral claim holders in the Patterson Lake South Uranium District located within the Western Athabasca Basin. View a map by clicking here. We have partnered with multiple companies to third-party fund substantial and ongoing exploration programs, including drilling, at our Preston Uranium Project, our flagship uranium exploration asset. Our Preston Uranium Project is located in close proximity to the recent high-grade uranium discoveries made by Fission Uranium Corp. at PLS (the Triple R deposit) and NexGen Energy Ltd.’s Rook-1 claim (which contains the newly discovered Arrow deposit).
Beyond the Western Athabasca Basin, Athabasca Nuclear Corporation holds under option the Wollaston NE Project, an approx. 200,000 acre property within the prolific Wollaston Tectonic Domain. The Wollaston Tectonic Domain is located on the eastern side of the Athabasca Basin and is host to a majority of current and historic uranium production in the Athabasca Basin. Like the Western Athabasca Basin where deposits such as Triple R (PLS) and Arrow have recently emerged, the Wollaston trend is underexplored compared for basement-model deposits. Historic basement hosted mineralization at deposits such as McArthur River and more recent discoveries such as Roughrider and Gryphon demonstrate the potential of this basement domain to host significant uranium occurrences. Northern Uranium and Roughrider Exploration surround our Wollaston NE property.
As part of its exploration portfolio, Athabasca Nuclear recently acquired an 80% interest in the Prongua Lake Property, which is located within the Pikoo Diamond Camp located within the Saskatchewan Sask Craton. The Prongua Lake Property is located adjacent and up-ice to North Arrow Minerals, who is exploring the Pikoo region for more kimberlite discoveries. In addition, we recently optioned a further ground in the area through the Pikoo North Property. Consequently, in addition to our leading tenure position in the Western Athabasca Basin, we also provide exposure for our shareholders to the emerging Pikoo diamond district, with both regions experiencing active exploration in 2015.read more