South Fork Project |
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South Fork |
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Country |
Canada
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Province |
Saskatchewan |
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Status |
EARLY DISCOVERY
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Surface |
639 km² / 157,986 acres |
Number of claims |
76 |
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Legends
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Risk and valuation analysis of the South Fork Project |
Status Risk : Early discovery |
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Title(s) of the South Fork Project |
| VanEck Vectors Global Alternative Energy ETF Interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Uranium Power Corp Option on interest: 65% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Uranium Power Corp (UPC-TSX.V) has an option to earn a 50% interest in the project by reimbursing JNR for prior expenditures, not to exceed $100,000, and carrying out $1,500,000 in exploration by January 25, 2009. UPC can increase its interest to 65% by spending an additional $1,000,000 on exploration activities by January 25, 2011. UPC is the project operator. |
| Titan Uranium Inc. Option on interest: 32.5% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the South Fork Project |
The property is located in the eastern end of the Cypress Hills area of southwestern Saskatchewan.
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History of the South Fork Project |
In the late 1970's, the Saskatchewan Mining Development Corporation (SMDC, later to become Cameco) identified the area as having favorable uranium exploration potential. SMDC carried out regional-scale prospecting, geochemical and ground water survey more...
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Geology of the South Fork Project |
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The project area is underlain by Upper Cretaceous to Oligocene non-marine fluvial clastics of the Eastend, Whitemud, Frenchman, Ravenscrag and Cypress Hills Formations. Of these, the Frenchman, Ravenscrag and Cypress Hills Formations are the most imp more...
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Discoveries and Drilling Results | |
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Data last updated on : 3/9/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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