Risk and valuation analysis of the Mistassini Project |
Status Risk : Green exploration |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the Mistassini Project |
| Majescor Resources Inc Owner: 100% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
100% owned uranium rights |
| Strateco Resources Inc. Option on interest: 60% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
Operator |
|
|
|
Location of the Mistassini Project |
The Mistassini property consists of 171 claims shown on the NTS32P map for a total area of 9,114.86 hectares (91.15 km2). It is located in the Otish Mountains approximately 40 km south-west of the Matoush property wholly-owned by Strateco.
|
|
History of the Mistassini Project |
In February 2008, a comprehensive exploration program, which included drilling aimed at confirming the strike and dip extensions of the Lac Mantouchiche uranium prospect, as well as detailed ground mapping and prospecting began late February of 2008.
|
|
Geology of the Mistassini Project |
|
magnetic susceptibility data combined with systematic core radiometric data has shown a clear inverse correlation between uranium grade and magnetism. These observations strongly suggest that low magnetic zones could be used to target regional exploration on the property. The use of other geophysical surveys, such as detailed gravity and VLF-EM over the uranium discovery will also be evaluated.
|
|
|
|